A Queensland financial adviser has been permanently banned by ASIC after being found guilty of misappropriating $1.8 million from his clients. Lachlan John King was convicted of stealing the funds ...
The Financial Advice Association Australia (FAAA) has proposed a package to help financial advice practices support more Professional Year (PY) candidates. The industry body announced its pre-budget ...
AMP has launched a digital advice service to provide members of its AMP Super Fund with retirement advice. The digital Retirement Health Check, accessed through the My AMP portal, will provide members ...
The proportion of advisers working at a privately owned licensee rose to 78 per cent in the fourth quarter of 2024 as over 1,000 advisers switched from a diversified firm. According to the Q4 Adviser ...
T. Rowe Price has formed a strategic relationship with a US life insurance and annuity company which will see the asset manager manage its public and private assets. In association with T. Rowe’s ...
ETF provider VanEck has appointed three to its Sydney team, including a former M&A specialist. The appointments will bolster the firm’s investment and client coverage capabilities, it said. In the ...
SQM Research’s former head of research, Rob da Silva, has joined an investment consulting and analytics firm to drive the expansion of its research coverage. Da Silva spent nine years at SQM Research ...
Australian financial services firm Barrenjoey has opened a Hong Kong-based office after the acquisition of an Asian business, marking its second international office. The company confirmed the ...
In this episode of Relative Return Unplugged, hosts Maja Garaca Djurdjevic and Keith Ford, along with special guest Steve Kuper, discuss a whirlwind start to US President Donald Trump’s second term ...
LGT Capital Partners has launched a new semi-liquid fund for wholesale investors across Australia and New Zealand. According to the global alternatives specialist, the fund enables wholesale investors ...
As the firm announces a raft of executive changes, funds under management (FUM) at Magellan rose slightly during January. During the month, it said FUM rose 1.2 per cent from $38.6 billion to $39.1 ...
A third private equity player has emerged in the bidding war to acquire Insignia Financial, rivalling Bain Capital and CC Capital. Insignia Financial has announced that Brookfield Capital Partners (UK ...