News
With only one month to go until the end of the financial year, current adviser numbers are sitting at more than 250 for the financial year. The latest data from Wealth Data research shows 257 advisers ...
Wealth management firm Altus Financial has appointed a head of risk as the business strengthens its provision of risk advice. Alexandria Thomaschuetz joined the firm in March from Professional Wealth ...
BlackRock Australia has confirmed its intentions to launch the iShares US Factor Rotation Active ETF (IACT), with listing on the ASX expected in mid-June. The asset manager has a suite of 52 passive ...
Following the purge of veteran MPs after Labor’s landslide election victory, the Coalition has announced a new shadow treasurer and financial services minister that are thin on economics experience.
A subsidiary of Australia’s second-largest advice licensee Count has successfully defended a class action in Federal Court regarding a self-managed superannuation fund (SMSF). In a brief ASX statement ...
ASIC has cancelled the AFSL of Sydney-based Spectre Financial Group, describing how it demonstrated “competency failures” in its activities. The licence was previously suspended in May 2024 but has ...
Financial advisory firm Yarra Lane has launched a robotic process automation (RPA) consulting service, in association with outsourcing specialist Vital Business Partners (VBP). RPA aims to support ...
A panel of ESG experts are urging advisers to lean on specialists to stay informed in a time of widespread misinformation around ESG investing. With the internet increasingly being used to spread ...
Investment Trends has found there is a “significant advice gap” in the number of self-managed superannuation funds using a financial adviser. The research firm’s 20th Vanguard/Investment Trends ...
Wealth managers who can integrate a full range of alternatives into investment propositions stand to gain a competitive advantage over their peers, especially for wealthier clients. EY’s latest Global ...
Spending by the Compensation Scheme of Last Resort (CSLR) in FY25 is expected to be less than the $24 million it had previously estimated. Slower claim processing than expected is set to reduce the ...
La Trobe Financial has announced the launch of an ASX-listed private credit fund, offering a new funding avenue for the firm. The La Trobe Private Credit Fund (ASX: LF1) aims to raise between $100 ...
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