The Financial Advice Association Australia (FAAA) has described this week’s ASIC levy estimate for advisers as “crippling” for the sector. Corporate regulator ASIC announced this week that the ASIC ...

With greater regulatory scrutiny of platforms, AMP’s platform leadership team has shared how it is enhancing the platform to meet adviser needs. Speaking in Sydney, the firm’s platform executives ...

Advice licensee Count has completed its cornerstone investment in Tailored Lifetime Solutions, taking a 20 per cent stake. As part of the transaction, which was flagged in May, Tailored has also ...

ASIC has confirmed the estimated industry funding levy for the 2025–26 financial year, and how much licensees can expect to pay. According to its annual Cost Recovery Implementation Statement (CRIS), ...

Asset and wealth managers formed the bulk of financial services M&A in the first half of 2026, according to PwC, and alternative asset manager deals are set to rise in the second half. “Many of the ...

European private equity giant EQT has increased its bid for Perpetual. Perpetual said in an ASX announcement late on 16 July that it had received a revised non-binding, conditional and indicative ...

The Financial Services and Credit Panel (FSCP) has issued a written order cancelling the registration of a relevant provider. Peter Morrison-Dowd saw all of his registrations as a relevant provider ...

Australia gained 25,000 new millionaires in 2025, presenting an attractive opportunity for the new boom in private wealth managers. According to the latest Global Wealth Report from UBS, it said ...

Russell Investments is to be acquired by an investor consortium led by US venture capital firm B Capital. Based in California, B Capital is a venture capital firm and the investor consortium it has ...

Two advice licensees – WT Financial and Fiducian – have reported their first-half results for the six months to 31 December. For Fiducian, the firm reported a 9 per cent rise in funds under management ...

As advice firms embark on expansion programs nationwide, a new survey has identified growing regional towns demonstrating fast-growing populations and increased participation rates. The KPMG ...

Financial technology group DASH has received a follow-on investment from capital fund Bailador Technology Investments of up to $5 million. Bailador’s investment in DASH currently consists of a $39.7m ...