Two national advice businesses have merged to form a leading holistic advice business with $2.5 billion in funds under management.

Insignia Financial has completed its transition of a range of administration and technology functions to SS&C Technologies as it seeks to be a leading wealth manager by 2030.

The RBA has handed down its much-anticipated rate decision, following widespread expectations of a close call.

A specialist ETF provider is seeking to become “the new Betashares” with its active ETFs, thanks to its use of algorithms to achieve outperformance.

ASIC has permanently banned a financial adviser after he allegedly concealed information from clients and misused client funds, among other breaches.

Financial year losses of limited advice advisers could mean the sector is “dead in the water” going forward after a continuous decline.

Platinum Asset Management’s head of investment, Douglas Isles, has departed the fund manager after 12 years as the firm reshapes the business amid a merger with L1 Capital.

AMP has unveiled enhancements to its digital advice platform, now offering personalised investment and contribution advice as it seeks to take a “market leading position” in the space.

Two active fund managers have outshone rivals to report double-digit share price growth of more than 40 per cent for FY25, but another has lost more than 50 per cent.

ASIC has banned two advisers from the same advice firm for giving clients inappropriate superannuation advice that was not in their best interests.

More than half of the top 20 most popular shares bought by advised investors during the first half of 2025 were ETFs, according to AUSIEX data.

Prime Value Asset Management has launched a retail fund investing in microcap companies, a new version of its existing wholesale offering.