DLA Phillips Fox makes NZ appointment



Legal firm DLA Phillips Fox has moved to beef up its financial markets strength in New Zealand, announcing the appointment of high-profile financial markets specialist Sue Brown as a partner in its Wellington office.
The company said Brown was best known for her recent role as head of strategy, innovation and engagement at the Financial Markets Authority (FMA) and had more than 25 years local and international experience in financial markets and law, including in New Zealand, Australia and the United Kingdom.
It said that Brown would provide expert advice on corporate, regulatory and government issues.
Recommended for you
A quarter of advisers who commenced on the FAR within the last two years have already switched licensees or practices, adding validity to practice owners’ professional year (PY) concerns.
Integrated wealth and financial services group Rethink has launched a financial planning arm called Rethink Wealth to expand beyond property investing and into holistic wealth management.
While adviser numbers continue to slowly creep back up, the latest Wealth Data analysis reveals they would actually be in the green for the calendar year if it weren’t for so many losses in the limited advice space.
Iress has appointed a chief AI officer to spearhead the fintech’s strategic focus on AI, with chief executive Marcus Price describing how the technology opens the doors to a “new frontier for wealth advice”.