The methodology used to calculate compensation for victims of bad financial advice appears to factor in 'opportunity costs' and has drawn the ire of advisers, calling it "unfair" and "unsustainable" ...

Financial advisers are increasingly looking to AI to improve their processes and documentation, but experts warn they must exercise a degree of caution.

Total superannuation assets increased by 3.7% over the quarter to reach $4.1 trillion as at September 2024, of which $2.8 trillion are in APRA-regulated funds. Total contributions increased by 13.1% ...

The financial advice industry has finally earned "profession" status and has the potential to self-regulate in the near future, according to FAAA chair David Sharpe.

Professional reputations could be harmed if the government does not distinctly delineate between its proposed new class of advisers (NCAs) and financial advisers, the FAAA warns.

ASIC and APRA have sent a letter to superannuation trustees reminding them of their obligations under the Financial Accountability Regime before it applies to them come March 2025.

Australian Retirement Trust and Industry Super Property Trust signed a 99-year lease from the University of Sydney to build a healthcare and life sciences hub.

AustralianSuper has announced three senior investment management appointments to its international equities leadership team.

A new study from Fidante suggests financial advisers will remain bullish on global equities and Australian small caps in the coming months.

The Federal Court has ordered Sasha Hopkins to pay $1.25 million and be disqualified for four years, in proceedings brought by ASIC.

Texas and 10 other Republican-led states are suing BlackRock, State Street and Vanguard, saying their climate activism violated antitrust laws and caused reduced coal production and higher energy ...

Brighter Super is reducing administration fees from January 1, while also introducing a weekly account keeping fee. It's also changing the way death benefits are dealt with.