Australian Unity Funds Management (AUFM) admitted it breached design and distribution obligations (DDO) regarding its Select Income Fund and has been slapped with a $7.125 million fine by the Federal ...

The government has tasked the Board of Taxation to undertake an independent review of thin capitalisation reforms to ensure multinationals are paying their fair share of tax.

Abu Dhabi is consolidating two of its sovereign wealth funds, with L'IMAD Holding Company to take over the assets and investments of the $378 billion Abu Dhabi Developmental Holding Group (ADQ).

Clime Investment Management's John Abernethy will step down as chair and assume an operational role to lead the investment team.

Palisade Investment Partners has established a partnership group to support its growth, while its chief executive will take a step back.

In its pre-budget submission, Chartered Accountants ANZ (CA ANZ) has urged the government to lift additional licensing requirements for chartered accountants to assist in providing retirement advice.

BT will expand its longstanding partnership with Challenger to deliver a range of retirement income solutions on BT Panorama.

US President Donald Trump has announced his nomination of Kevin Warsh to serve as chair of the US Federal Reserve.

Cbus has launched a new campaign that encourages young workers to make informed decisions about their super early.

Lazard Asset Management's former Australian retail sales chief has landed at a global equities specialist. Nanuk Asset Management has appointed Ben Granbery to a new role as key account manager. Based ...

JANA Investment Advisers has recruited a client relationship staffer from rival asset consultant Russell Investments.

Multi-boutique Fairlight Capital Partners is expanding in Australia and is on the lookout for strategies it can introduce to its global network of family offices and institutional investors.