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

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.

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.

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

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

Determinations by the FSCP since the start of 2025 are almost double the number in the same period of 2024, with non-concessional contribution cap errors and incorrect advice among the issues.

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

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.

Whether received via human or digital means, financial advice is reportedly leading to lower stress and more confidence, according to Vanguard.