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 ...

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 ...

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, ...

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 ...

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 ...

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 ...

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 ...

ASIC is seeking to publish firm-level data on the reportable situations and internal dispute resolution (IDR) regime, in hopes that advice licensees will “lift their game”. The corporate regulator has ...

Australian Ethical Investment has welcomed an independent non-executive director to its board, who previously spent a decade as Colonial First State’s CEO. The ethical investment manager announced ...

More than three-quarters of financial services directors expect to see an increase in regulatory compliance requirements, according to the Australian Institute of Company Directors (AICD). In the ...