The Australian Financial Complaints Authority received over 1,700 complaints last year related to the collapse of Dixon Advisory, representing three-quarters of total investment and advice complaints.

Almost two-thirds of Australian ultra high-net worth individuals are expecting their wealth to rise this year despite rising inflation and interest rates, significantly higher than the global average.

Fund managers can no longer shy away from the distribution challenge, according to Calastone, and should develop a way to target consumers without the need for an adviser.

ASIC has banned a Queensland adviser for three years for adopting a ‘layered advice’ strategy with clients.

There is a “strong intent” by advice firms to increase their use of technology and integrate it into their business, according to Adviser Ratings.

Aviva Investors has appointed Nick Molho in a newly-created role of head of climate policy.

Given the volatility in domestic and international markets, Australian retail investors can be forgiven for becoming a bit emotional about their portfolios, writes Greg B Davies.