News

Despite persisting cost-of-living pressures, economic uncertainty, and heightened retirement costs, retirement confidence has increased from 24% in 2023 to 33% in 2025.
Touchstone Asset Management has closed its flagship Australian equity fund nearly a decade after it launched. The Touchstone Index Unaware Fund shuttered in May, having been in operation since 4 April ...
ASIC has taken Choosi to the Federal Court for allegedly failing to provide a range of comparable options on life and funeral insurance policies to customers and instead flogging products solely from ...
Global stock markets roared back in May, staging a spectacular turnaround from the extreme volatility and negative returns that rattled most developed equity markets in April.
Perpetual has named a new head of credit and fixed income, and a deputy portfolio manager of its flagship trust from within, both effective July 1.
AUSIEX has finalised its acquisition of FIIG Holdings, while LGT Crestone's takeover of Commonwealth Bank of Australia's (CBA) private wealth business has completed.
The ranks of Australian billionaires have more than doubled over the past decade, accumulating wealth at $137 million per day on average - $95,000 per minute, according to Oxfam Australia. Its acting ...
Iress has today completed the sale of its superannuation business to Apex Group. Apex Group purchased the super business for $40 million cash and additional payments of up to $20 million over 12 ...
AMP has launched AMP Super Lifetime; a superannuation feature it claims could lift members' retirement incomes by over $100,000 in the first decade post-work.
Superannuation is the number one topic Australians want financial advice on, however a significant proportion have little to no idea they can pay for it through their super.
Washington H. Soul Pattinson (Soul Patts) and diversified industrial group Brickworks have signed a binding merger agreement to create a new $14 billion ASX-listed company, TopCo.
Too many responsible entities (REs) of managed funds are falling short of their obligations to adequately address design and distribution obligations (DDO), the reportable situations regime and ...