The tripartite deal between Fortnum and AZ Next Generation Advisory, announced earlier this week, to acquire the financial advice arm of Australian Unity is a “reasonable fit”, according to Wealth Data.

Fund manager DMX Asset Management is backing three different financial advice licensees in its Australian Equities fund as it expects an easing of industry headwinds will benefit the sector.

E&P Financial Group has settled a class action related to Dixon Advisory for $16 million as Senator Andrew Bragg questions why the taxpayer should foot the bill for consumer losses.

The government has revealed the final chosen wording of its objective of superannuation as the bill is introduced in Parliament.

Pacific Current Group has scrapped its plans to be acquired after bids with GQG and Regal Partners both fell through.

AMP is betting on a digital bank for sole traders and small businesses, in partnership with UK digital bank Starling, to improve its AMP Bank performance.

In this episode of Relative Return, host Maja Garaca Djurdjevic speaks to John Julian, fund manager of the Dexus Core Infrastructure Fund, to discuss infrastructure opportunities and the outlook for real assets.