Insignia Financial has entered into a scheme implementation deed (SID) with PE bidder CC Capital, although at a lower price than initially bid. In a statement, the firm said CC Capital has agreed to a ...

With the role of BDMs evolving, AMP chief executive Alexis George admitted the firm “didn’t spend enough time on selling” and a renewed focus on this division is successfully helping to boost its cash ...

Australian wealth manager Shaw and Partners has appointed a national head for its private wealth division, which has over 200 advisers and $40 billion in assets under management.

ASIC has permanently banned a Melbourne individual who illegally provided financial advice which led investors to deposit $374,000 into his bank accounts.

Departed advisers from wealth manager Escala Partners has significantly contributed to outflows of $251 million from Powerwrap for Praemium.

ASIC is suing advice business Fortnum Private Wealth, a subsidiary of Australia’s largest licensee Entireti, for alleged cyber security failures which led to client data being published on the dark ...

ASIC has issued infringement notices to two AFSLs over financial advisers providing personal advice while they were unregistered.

Scarcity Partners believes the dynamics playing out in the managed account and outsourced chief investment officer market are “here to stay” based on positive developments in financial advice.

Platform-based superannuation funds are beating out industry fund models when it comes to adviser satisfaction, with service quality playing a key role in advisers’ decision-making.

ASIC is conducting further surveillance on numerous private credit funds and their compliance measures as part of its broader review into the space.

AMP has announced a senior appointment to its North leadership team, reinforcing the firm’s commitment to the advice industry.

Platform Netwealth has unveiled a wholesale-only platform solution, designed to meet the growing opportunity among high and ultra-high-net-worth investors.