Perpetual outflows have risen by 134 per cent from the previous quarter as the result of client mergers and rebalancing including $2.5 billion from Pendal Asset Management. In its latest quarterly ...

South Australian financial advice firm Calder Wealth Management (CWM) has announced a strategic partnership with a risk advice firm. CWM has formed a strategic partnership with risk advice firm Life ...

A former financial adviser has been sentenced after stealing $4.4 million from clients, family and friends to feed his gambling addiction. Anthony Del Vecchio pled guilty to 24 charges of obtaining ...

Platinum Asset Management has rejected a bid from PM Capital to acquire its two listed investment companies (LICs). At the end of February, PM Capital stated it had made a non-binding, indicative ...

First Sentier Investors is the latest investment manager to enter the ETF space, enabling financial advisers and investors to access an existing geared fund via an ETF structure. The global investment ...

Centrepoint Alliance is acquiring the comprehensive advice review book from a wholly owned entity of Brighter Super, ESI Financial Services Pty Ltd. The Queensland-based super fund has about 280,000 ...

Australian investors are increasingly turning towards trusted sources of information, according to HSBC, with financial advisers holding strong as the top source. The bank’s Investor Insights Survey, ...

Boutique real estate credit manager COI Capital Management has appointed a former private equity head from MLC Asset Management. Kristian Zimmermann spent four years with MLC Asset Management as ...

ASIC has suspended the Australian Financial Services Licence (AFSL) of a Melbourne-based financial advice firm. The AFSL was held by Beacon Wealth in Melbourne and would be suspended until 7 April ...

Otivo is officially launching into the financial advice sector, offering up its services to practices as a means of engaging with the next generation of clients. After primarily working with ...

In its latest quarterly update, alternative asset manager MA Financial said it saw a 22 per cent increase in net inflows (ex institutional) to $444 million and is holding onto cash at historically ...

The Financial Services and Credit Panel (FSCP) has made a written direction after an adviser gave incorrect advice regarding non-concessional contributions. The individual, identified as Mr U, gave ...