ASIC is suing Fortnum Private Wealth for allegedly failing to manage and comply with its cybersecurity obligations that exposed the information of its financial advisers and clients.

After a bidding war kicked off for the wealth manager back in December 2024, CC Capital's reduced takeover offer has been accepted by Insignia's board.

Brookfield will soon take over ESR Group's 19.9% stake in Cromwell Property Group as ESG Group sells down its remaining stake.

Praemium has reported funder under administration (FUA) of $64.3 billion to 30 June 2025, marking an increase of 12%. Praemium's next generation IDPS Spectrum achieved quarterly net inflows of $339 ...

Australian Ethical's MySuper option achieved 10.05% p.a. after fees in FY25. The super fund said the result demonstrates the strength of the ethical investment approach despite challenging markets.

Macquarie Asset Management has signed an agreement to acquire and combine two specialist platforms to expand its presence into the European purpose-built student accommodation sector.

New research conducted by the peak body of life insurance indicated close to half of young Australians want financial advice on life insurance, but only one in 10 receive it.

AMP's North platform saw net inflows jump 60% in the last financial year, with $1.7 billion of client money reported in the June quarter.

Aware Super has completed three super-prime real estate acquisitions in central London for a combined value of around £500 million.

CC Capital Partners continues to drag its feet on making an official takeover offer for Insignia Financial, surpassing the two-week timeframe it promised it would make a binding bid within.

Bennelong Funds Management has launched the Allspring Global Income Fund in the Australian market as flagged in May.

"I'm delighted to have Susan Looi join the AIA Australia family as our new chief risk officer. Susan plays a pivotal role in safeguarding our risks and empowers her teams to make a positive difference ...