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 ...

“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 ...

With LGT Crestone completing its acquisition of CBA’s advice firm, Money Management details the M&A activities of the second quarter so far. LGT Crestone confirmed this week that it had completed the ...

La Trobe Financial has announced the launch of an ASX-listed private credit fund, offering a new funding avenue for the firm. The La Trobe Private Credit Fund (ASX: LF1) aims to raise between $100 ...

A decade after being permanently banned from financial services, a former financial adviser will finally face court in WA following a failed bid to avoid extradition. Former financial adviser Marion ...

Speaking at a Momentum Media event prior to the election, Jones stated the Labor Party had moved the dial “significantly” during his tenure and believed “six more months” would allow the party to ...

Matt Esler, co-founder and chief executive of Padua Solutions, said: “This partnership signifies an exciting step forward in supporting advisers to better manage their businesses and deliver ...

The Australian adviser market and its heightened interest in ETF products was a key reason for GCQ’s ETF launch, said the firm’s head of distribution, Stephen Higgins. “Our decision to launch an ETF ...

Ben Calder, managing director of CWM, said: “Life insurance advice is a complex and highly specialised area that continues to be underrepresented in Australia. We’ve provided insurance advice for over ...

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 ...

The acquisition of Mason Stevens by Adamantem Capital has reached completion, as the wealth platform looks to ramp up its growth strategy. It was first announced last December that Sydney-based ...