ASIC has confirmed the industry funding levy for the 2024–25 financial year and how much licensees can expect to pay. According to its annual Cost Recovery Implementation Statement (CRIS), ASIC said ...

ASIC deputy chair, Sarah Court, said: “Fuoco continued to run a financial business over a prolonged period in deliberate contempt of Federal Court orders. Today’s judgment demonstrates such brazen and ...

Rob Coombe, GDG chairman, said: “I am delighted to welcome Peter to GDG’s board and look forward to his wealth of experience and expertise complementing the company’s strategic objectives.” Last year, ...

Numerisk managing director and founder Richard Silberman examines the risk considerations for financial advisers looking to take the plunge into self-licensing as well as the legal ramifications. Last ...

AMP has announced it will be selling its advice licensees and self-licensed offering Jigsaw for $10.2 million. Entireti, which was formed as a parent company of Fortnum Private Wealth and Professional ...

At the 2024 summit attendees experienced a groundbreaking one-day conference that navigated the intricate landscape of domestic and global economic affairs, setting the stage for transformative change ...

An artificial intelligence (AI) tool designed to shake up traditional financial advice business models has launched to the public. Last November, Money Management covered the announcement of a new AI ...

“Dwight, Tim and Craig’s decision to join further strengthens our presence in Queensland and reflects our commitment to providing advisers with the support, flexibility and scale they need to succeed.

Earlier this year, FSI also announced the closure of four investment teams, namely Australian Fixed Income, Global Credit, Equity Income and Emerging Companies. These teams encompassed 10 funds ...

“Market volatility today is no different to any other upheaval over the past few decades. What sees investors through these times is following the golden rules – long-term investment in high-quality, ...

“For many high-net-worth investors, a 10–20 per cent illiquidity bucket may be appropriate given their wealth, income and cash flow needs. Once the adviser has determined the illiquidity bucket, they ...

Michael Lovett, CEO of Bell Asset Management, said the appointment was part of the firm’s ongoing strategy to drive long-term growth. “His appointment will enhance our research and portfolio ...