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| | | Former investment manager Rodney Forrest has been sentenced to six years' imprisonment for insider trading and procuring others to trade in more than $3 million of Platinum Asset Management shares. In August 2024, Forrest secretly accessed the computer ... |
| | | | AMP Bank is bringing back its residential self-managed superannuation fund (SMSF) property lending solution, SuperEdge, after removing it nearly a decade ago. AMP made the decision to remove the solution in 2018, as the SMSF lending sector was shifting ... |
| | | | The unemployment rate fell to 4.1% in December, according to the Australian Bureau of Statistics (ABS). The unexpectedly robust employment numbers have added to the possibility of a Reserve Bank of Australia (RBA) interest rate hike back when the board ... |
| | | | Colonial First State (CFS) and Stockspot have both delivered double-digit returns to members in their highest-performing options. For CFS, the FirstChoice Employer Super growth fund (MySuper Lifestage 1975-79) delivered an 11.6% return, while the FirstChoice ... |
| | | | A new type of vertical integration will emerge in the financial advice sector in 2026, while an oligopoly of two providers will dominate the platforms market, Finura predicts. Finura's Australian Wealth Tech Predictions report for the year ahead ... |
| | | | Former financial adviser from Western Australia, Anthony Paul Torre, has been sentenced to six years' imprisonment. Torre's sentencing was backdated to 29 January 2025 in a verdict handed down by the District Court of Western Australia. Torre ... |
| | | | Apostle Funds Management has confirmed that managing director Mitchell Gunman has resigned after just one year in the role. Chief operating officer Adam Camillo has stepped in to manage day-to-day operations, with executive chair Karyn West supporting ... |
| | | | GCQ Funds Management has appointed a former Platinum Asset Management executive as investment director. Reporting to GCQ's chief investment officer Doug Tynan, Douglas Isles will have with day-to-day responsibility for workflow and professional ... |
| | | | Longreach Capital Advisors has appointed a new executive director to cover its family office and private wealth business for the southern region. Based in Melbourne, Devin O'Keefe will be responsible for Victoria, South Australia, Tasmania and New ... |
| | | | DASH Technology Group is bolstering its leadership team, appointing a chief growth officer and chief product officer to drive its next phase of growth. The financial advice software firm has recruited James Louw as chief growth officer, while Sarah ... |
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