Zenith secures new mandates
Ratings house Zenith Investment Partners has been added to the research panel of Melbourne-based financial advisory group, RetireCare Personal Wealth Management.
Zenith announced the mandate today, along with the fact it had been appointed by Adelaide-based People's Choice Credit Union as a primary research provider.
Commenting on the appointments, Zenith national sales manager John Nicoll said many dealer groups were reassessing their service relationships.
"The value of good portfolio construction is particularly important during volatile equity markets," he said.
Recommended for you
Licensee Centrepoint Alliance has completed the acquisition of Brighter Super’s annual review service advice book, via Financial Advice Matters.
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.