RetireInvest appoints in-house investment researchers
The chief executive of RetireInvest, Paul Campbell, said discussions with advisers on how to improve the dealer group's service offering resulted in the decision to bring some investment research capabilities in-house. RetireInvest currently buys its research from Financial Facts, which is owned by ING.
Dinyar Irani, Cameron Sinclair, Dan Miles, and Deigo Mainou will be doing the overlay on products and working with RetireInvest's advisers to assist them with research, Campbell said.
"They have many years of experience and are highly regarded by their peers," he said.
"Research, compliance and technical [services] need to be at the core of your offering."
Campbell, who was recently appointed to RetireInvest, was formerly the chief operations officer for Genesys.
Campbell said he would not be seeking to further increase the number of its investment researchers.
A spokesperson for AXA said research would continue to operate independently at Genesys, but would not disclose any further information.
Recommended for you
ASIC has launched court proceedings against the responsible entity of three managed investment schemes with around 600 retail investors.
There is a gap in the market for Australian advisers to help individuals with succession planning as the country has been noted by Capital Group for being overly “hands off” around inheritances.
ASIC has cancelled the AFSL of an advice firm associated with Shield and First Guardian collapses, and permanently banned its responsible manager.
Having peaked at more than 40 per cent growth since the first M&A bid, Insignia Financial shares have returned to earth six months later as the company awaits a final decision from CC Capital.
