Insignia Financial has provided an update on the status of its private equity bidders as an initial six-week due diligence period comes to an end. Both bidders have been granted an extra four weeks to ...

Net cash flow on AMP’s platforms saw a substantial jump in the last quarter to $740 million as a result of the firm seeking to make North a preferred platform for financial advisers. In its results ...

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 ...

Having rejected the possibility of going ASX-listed, Mason Stevens’ CEO details why the wealth platform went down the private equity (PE) route and how it intends to accelerate its growth ambitions.

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 ...

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 ...

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 ...

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 ...

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 ...

One of Australia’s largest exchange-traded fund (ETF) products, the iShares S&P 500 ETF (IVV), lost over $300 million in outflows during March. The iShares S&P 500 ETF seeks to provide investors with ...