MICHELLE BALTAZARPictureWealth Group has inked a landmark deal with national advice licensee Capstone Financial Planning, forming a combined business with 360 financial advisers and $22 billion in funds under advice.
KARREN VERGARAMercer Investments Australia has overhauled the fund manager line-up across its Australian equities and small-caps funds following an investment review, retaining some incumbents and awarding fresh mandates at the same time.
MATTHEW WAIThe super fund is launching 'Super Saturday' to help those that are missing out on the advantage from super tax benefits ahead of the end of the financial year.
ELIZA BAVINThe Reserve Bank of Australia kept interest rates on hold at its June meeting with economists suggesting the next move could be a rate cut.