Insignia Financial trials four-day week pilot

Insignia Financial staff are to trial a four-day work week among multiple benefits agreed through a new enterprise agreement.

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Asset managers fear talent shortage

Almost three-quarters of asset management chief executives globally are worried a lack of talent will negatively impact their growth, according to KPMG.

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FAAA urges literacy test to determine wholesale investors

The FAAA has told a parliamentary joint committee that instituting a financial literacy test could help ensure clients avoid being misclassified as wholesale investors.

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International equities propel ETF flows in Q3

International equity ETFs continue to encompass the lion’s share of the broader Australian ETF industry’s growth, with the segment accounting for 60 per cent of quarterly flows in Q3.

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DASH secures additional $10m for IPS acquisition

Financial advice software DASH Technology Group has received a further $10 million investment from Bailador Technology Investments to fund its acquisition of Integrated Portfolio Solutions.

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Relative Return Unplugged: Is the RBA’s independence being tested?

Welcome to the inaugural episode of Relative Return Unplugged, where we dive into one of the most pressing issue

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Sydney fund manager sees AFSL cancelled

ASIC has cancelled the AFSL of a $250 million Sydney fund manager, one of two AFSL cancellations announced by the corporate regulator.

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How many AFSLs were cancelled in FY24?

ASIC has shared data on its licensing activity during the 2023–24 financial year, including how many were cancelled or suspended.

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AMP enjoys rise in adviser numbers

Australia’s largest financial advice licensee has led adviser growth over the past week, while 15 new entrants joined the industry.

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Do consumers trust AI-generated advice?

A research paper has detailed whether individuals are more or less likely to change their investment decision when the advice is generated by human or by artificial intelligence, including any gender differences.

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