Wealth

Iress saw a 14 per cent drop in net profit after tax despite strong underlying performance and its expansion across the superannuation sector.

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As advisers continue to migrate to ‘new generation’ platforms, two of the major providers in the market have provided an update on their growing funds under advice.

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Australia’s investor population has soared by almost 50 per cent despite ASIC warning the wave of rookie investors stand to lose millions.

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Advisers are lowering their prices to compete with automated investment offerings as their clients increasingly look to digital tools to manage their money, according to new research.

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Listed platform provider OneVue has confirmed it is taking Chinese financial services group China-Taiping to court after failing to reach an agreement over who is owed the proceeds from the sale of licensee Madison Financial Group.

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