Fund manager Milford has seen its fee income increase nearly 20% the 12 months ending March 31, however profit is down.

It's been a week of big news, but perhaps the most important development has been an announcement around when advisers can start to enter the transitional licensing process.

The sons of Sovereign founder Chris Coon have completed a $2 million financing round for their insurance start-up.

A bill to make trust law easier to understand will become law, says Justice Minister Andrew Little.

The Financial Services Council (FSC) has appointed a disciplinary committee to oversee the application and enforcement of its new code of conduct.

Retail fixed interest rates will fall even further this year as the central bank considers "aggressive" cuts, according to Westpac.

As November 4th rapidly approaches, and with so much noise and scaremongering in the market, we want to keep this simple.

The Financial Markets Authority will start accepting transitional licence applications on November 4 from advisers wanting to be financial advice providers (FAP) under the new regime.

Property Investors borrowed $1.02 billion in June, according to new Reserve Bank data, down from $1.2 billion in June 2018.

The Serious Fraud Office has secured a jail term for another ponzi scheme operator.

The end of tough loan servicing tests could be a step closer after the Australian Prudential Regulation Authority relaxed serviceability rules for Australian lenders.