Coastal Advice Group makes triple advice acquisition

M&A/financial-advice/

Coastal Advice Group has completed the acquisition of three advice businesses across Australia, as it sets its sights on major national expansion over the next financial year.

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Insignia ups bonus for Hartley amid CC Capital deal

insignia-financial/insignia/Scott-Hartley/private-equity/M&A/

Insignia Financial has enacted a remuneration review after finding its pay was lower than market peers, upping the maximum short-term bonus available for CEO Scott Hartley as he completes the firm’s acquisition by CC Capital.

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Managed accounts surpass $20bn on CFS

colonial-first-state/CFS/managed-accounts/platforms/

Colonial First State has exceeded $20 billion invested in its CFS managed accounts, announcing multiple expansions to its platform offering.

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Fund managers target advisers with distribution hires

hire/fund-managers/centuria-capital-group/Ironbark-Asset-Management/

Three fund managers have made appointments to their distribution teams, focusing on the firms’ relationships with financial advisers.

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ETF inflows almost double 2024 pace

ETFs/Global-X-ETFs/ETF-industry/

Global X analysis has revealed the Australian ETF market has grown by more than a third in the past year, driven by net inflows, which are almost double the pace of 2024.

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AMP’s George makes call to arms on retirement confidence

amp/Alexis-George/

AMP CEO Alexis George has said addressing Australians’ retirement concerns should be "front and centre for policymakers” after its research revealed only half of Australians are confident about retirement.

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Platinum shareholders vote on L1 merger

Platinum-Asset-Management/L1-Capital/shareholders/M&A/

Shareholders at Platinum Asset Management have voted on the decision to merge the firm with L1 Capital, creating a $16.5 billion combined fund manager.

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Will BT Focus platform mean more profitable practices?

BT/BT-Panorama/bt-financial-group/Recep-Peker/platform/

The launch of a low-cost menu for BT Panorama will allow advisers to service a wider range of clients from one platform and potentially run a more profitable business, according to specialist Recep Peker.

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LGT Crestone rebrands post-CBA advice acquisition

commonwealth-bank/private-wealth/lgt-crestone/rebrand/

LGT Crestone has announced a rebrand, marking a “decisive milestone” following its acquisition of Commonwealth Bank’s high-net-worth financial advisory business in June.

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Placing bonds front of mind for advisers

Podcast/Relative-Return/

In our new “Ahead of the Curve” series, in partnership with fund manager MFS Investment Management, Money Manage

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