From multiple fund launches and personnel changes to major outflows and a scrapped deal, Money Management has collated the most significant news in the funds management industry over the past 12 ...

ASIC has permanently banned a financial adviser after he allegedly concealed information from clients and misused client funds, among other breaches.

Two active fund managers have outshone rivals to report double-digit share price growth of more than 40 per cent for FY25, but another has lost more than 50 per cent.

Results are out for the latest sitting of the ASIC financial advice exam, with the pass rate falling for the second consecutive sitting.

ASIC has confirmed the industry funding levy for the 2024–25 financial year and how much licensees can expect to pay.

Generation Development Group has appointed former Evidentia chief executive Peter Smith as an executive director.

In a report Building better portfolios with private markets: A goals-based framework, Tony Davidow, senior alternative investment strategist, discussed the requirements of due diligence for these ...

High-net-worth investors and family offices are sustaining the rising demand for private equity investments, Schroders has unpacked, offering less volatility and the potential for higher returns.

The Financial Advice Association Australia has confirmed it has met with newly appointed Minister for Financial Services, Daniel Mulino, to discuss DBFO and the CSLR.

Commonwealth Bank exits financial advice industry as LGT Crestone acquires its advice arm, marking a significant shift post-Hayne royal commission.

With LGT Crestone completing its acquisition of CBA’s advice firm this week, advice deals in the second quarter of 2025 are already outpacing the previous one with one month still to go.

Self-licensing specialist My Dealer Services has argued the only way to improve numbers in the financial advice sector is to further slash red tape, which is preventing a greater flow of new entrants.