Professional reputations could be harmed if the government does not distinctly delineate between its proposed new class of advisers (NCAs) and financial advisers, the FAAA warns.

The financial advice industry has finally earned "profession" status and has the potential to self-regulate in the near future, according to FAAA chair David Sharpe.

ASIC and APRA have sent a letter to superannuation trustees reminding them of their obligations under the Financial Accountability Regime before it applies to them come March 2025.

AustralianSuper has announced three senior investment management appointments to its international equities leadership team.

A new study from Fidante suggests financial advisers will remain bullish on global equities and Australian small caps in the coming months.

Texas and 10 other Republican-led states are suing BlackRock, State Street and Vanguard, saying their climate activism violated antitrust laws and caused reduced coal production and higher energy ...

Total superannuation assets increased by 3.7% over the quarter to reach $4.1 trillion as at September 2024, of which $2.8 trillion are in APRA-regulated funds. Total contributions increased by 13.1% ...

The Federal Court has ordered Sasha Hopkins to pay $1.25 million and be disqualified for four years, in proceedings brought by ASIC.

Brighter Super is reducing administration fees from January 1, while also introducing a weekly account keeping fee. It's also changing the way death benefits are dealt with.

Australian Retirement Trust and Industry Super Property Trust signed a 99-year lease from the University of Sydney to build a healthcare and life sciences hub.

Ausbil Investment Management is set to launch its inaugural exchange-traded fund, bringing its Active Dividend Income strategy in the first half of 2025. Ausbil said the strategy has proven popular ...

Hostplus has increased its investment fees and costs for FY23/24 and announced a further $25 million investment.