Russell Investments has promoted its global chief investment strategist to an APAC role which will see him relocate from London to Sydney. Andrew Pease joined the firm in 2006 from Macquarie Bank and ...

With LGT Crestone completing its acquisition of CBA’s advice firm, Money Management details the M&A activities of the second quarter so far. LGT Crestone confirmed this week that it had completed the ...

Wealth manager LGT Crestone has successfully completed its acquisition of Commonwealth Bank’s high-net-worth financial advisory business, bringing across some $5 billion in assets under advice. It was ...

The Commonwealth Bank of Australia (CBA) has formally dropped to zero advisers following LGT Crestone’s now-completed acquisition of its advice arm. Wealth Data’s weekly analysis of the Financial ...

BlackRock Australia has confirmed its intentions to launch the iShares US Factor Rotation Active ETF (IACT), with listing on the ASX expected in mid-June. The asset manager has a suite of 52 passive ...

The days of financial advisers being “all things to all people” are behind us, as practices face a balancing act of rising fees alongside perceived value. Operating an advice business in Australia has ...

High-performing advice firms in Australia have a strong client conversion rate, according to Dimensional, and work quicker than global peers to onboard them and begin generating revenue. The firm ...

ASIC has issued a warning to financial advisers and superannuation trustees to ensure they are complying with client consent requirements when entering into ongoing fee arrangements. In a statement on ...

Two advisers have received reprimands from the Financial Services and Credit Panel after falling short of their CPD requirements. The Australian Securities and Investments Commission (ASIC) has ...

Following the purge of veteran MPs after Labor’s landslide election victory, the Coalition has announced a new shadow treasurer and financial services minister that are thin on economics experience.

In conjunction with the accounting associations, the FAAA has released a comprehensive guide breaking down what advisers need to know about tax deductibility of advice fees for their clients. The ...