Annual premiums from active life insurance policies fell 1.7% to $16.2 billion in the year to December 2024 - a $300 million decline from the previous year - according to DEXX&R.

Magellan has sustained another blow, reporting monthly outflows of $1 billion, however its partnership with Vinva Investment Management gave AUM a boost.

The Australian Competition and Consumer Commission (ACCC) has appointed Sarah Proudfoot as chief executive. Despite also conducting an external search, Proudfoot started with the ACCC in 2005 when she ...

First Sentier Investors has announced the appointment of Ashley Conn as chief financial and strategy officer, effective late May. Conn will be based in Sydney and brings 25 years' experience of ...

Ellerston Capital has signed Sodor Capital to market three of its funds - the Ellerston Fixed Income Target Return Fund, Ellerston JAADE Australian Private Assets Fund (Wholesale), and the newly ...

The New Zealand Superannuation Fund is the world's best-performing sovereign wealth fund over the past 20 years.

A merger between Platinum Asset Management and L1 Capital may deliver scale, but it won't resolve the deeper structural issues dogging traditional active managers, including fee pressure and market ...

After the Labor Party's overwhelming federal election win over the weekend, Treasurer Jim Chalmers said dealing with the uncertainty over US President Donald Trump's tariffs is the government's ...

ASIC has cancelled the Australian financial services licence of Brite Advisors after the now-defunct investment and pension firm failed to compensate a client, triggering a payout under the ...

Advisers tied to Finchley & Kent will be able to use the full suite of Padua Solutions' services under a new partnership.

The Albanese government has begun its second term after winning the federal election and industry groups are making clear what they want to see.

The regulator launched a new digital portal for Australian financial services licence (AFSL) applications. From today, those wishing to gain an AFSL can use ASIC's new portal, integrated with the ASIC ...