ASIC has suspended the AFSL of Prime Value Asset Management Limited for several weeks after the firm failed to meet its audit and reporting lodgement obligations. Based in Melbourne, the firm was ...

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 ...

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 ...

Brisbane-based Sharpbridge Funds Management is looking to launch its first fund for retail investors. The global equities fund manager was set up last April with the fund structured as a information ...

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), ...

Two licensees are leading the start of the financial year’s gains with more than 10 new advisers each, according to Padua Wealth Data. At the start of the year, it looked like a negative period was ...

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 ...

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 ...

Wealth management in Europe is being disrupted in five ways, which could prove to be bellwethers for Australian peers. Results from the 2026 McKinsey Affluent and Wealth Management Customers’ Insights ...

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 ...

For the first time in years, fixed income investors no longer have to choose between income and diversification, according to MFS Investment Management. After a decade of ultra-low interest rates and ...

Four in 10 advice firms are relying on a single adviser, according to Business Health, creating potential problems around succession planning. The firm’s What If report, issued in June, said 41 per ...