A Queensland-based financial services business has lost its Australian financial service licence (AFSL) following its failure to comply with licensee obligation.
The Compensation Scheme of Last Resort (CSLR) warned the advice sector should brace for an even bigger levy in the 2026 financial year, forecasting a total of $20 million. Financial advisers are set ...
MLC Asset Management has awarded a mandate to a global investment manager, replacing Presima and BlackRock. Following a review of its global REIT strategy, the fund manager confirmed that NYSE-listed ...
APRA has been questioned by the House of Representatives around how it monitors superannuation fund performance and whether there should be more focus on fees over returns.
ClearView Wealth has announced three executive appointments, choosing to hire from within the company. ClearView welcomed Judilyn Beaumont to the role of chief risk officer while continuing her role ...
Insignia Financial saw a marginal increase to its funds under management and administration (FUMA) in the first quarter of FY25, however net outflows driven by institutional clients came in at $1 ...
The $3.5 trillion wealth transfer will be Australia's biggest economic event over the next 20 years, according to AMP Advice national lead Anjuum Siingh, who chaired a panel of financial advisers at ...