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

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

The finalists for the 2025 Australian Wealth Management Awards have been revealed, shining a spotlight on the top performers and rising stars across the nation’s wealth sector.

Two advice platforms have been identified by Adviser Ratings as standouts for efficiency as time-pressured advisers become evermore fickle in their platform selection.

In its first FY26 action, ASIC has cancelled the AFSLs of two Sydney advice firms over their failures to pay industry funding levies.

Janus Henderson has closed on its strategic partnership with life insurer Guardian which will see up to US$400 million committed to boost the fund manager’s fixed income range. The deal was first ...

The Federal Court has made interim travel restraint orders against two Falcon Capital directors, while also freezing one director’s assets.

AMP has partnered with BlackRock and research house Lonsec to provide a model portfolio capability on its North platform that offers “portfolio customisation at scale” to advice practices of all sizes ...

VanEck’s Bitcoin ETF has amassed $290 million in assets in its first year, but the ETF provider has said financial advisers remain skeptical of the asset.

State Street has rebranded its State Street Global Advisors arm, which has US$4.6 trillion in assets under management, following a series of deals with financial services firms in recent months.

Going forwards, advisers’ use of platforms will be divided into those “core” offerings and “peripheral” ones, with those in the latter category facing an existential threat.

Private equity giant TA Associates has made a strategic investment of an undisclosed sum into a major Australian wealth and investment player.