FAAA welcomes Coalition’s ambitious 30k adviser target

Sarah-Abood/federal-election/coalition/politics/

The association has expressed its support for the Opposition’s commitment to making financial advice a “national priority”, alongside its bold target of reaching 30,000 advisers.

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Over one-third of investors seeking advice as trusted source

HSBC/financial-advisers/social-media/

Australian investors are increasingly turning to financial advisers as their top source of information, with more than a third using them for investment guidance.

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HUB24 adviser usage surpasses 5k in Q3

HUB24/platforms/financial-advice/

The number of advisers using the HUB24 platform has passed 5,000, with over 100 added in the latest quarter, thanks to a migration from ClearView.

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ClearBridge lists 3 infrastructure ETFs on ASX

ETFs/active-ETFs/infrastructure/clearbridge/clearbridge-investments/

ClearBridge Investments has expanded investor access to its global infrastructure investment strategies through the launch of three active ETFs on the ASX.

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Perpetual sees 134% rise in quarterly outflows

Perpetual/KKR/Pendal-Group/funds-under-management/financial-results/

Perpetual outflows have risen by 134 per cent from the previous quarter as the result of client mergers and rebalancing, including $2.5 billion in outflows at Pendal Asset Management.

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AMP CEO sees incentives cut amid remuneration crackdown

amp/Alexis-George/remuneration/salary/

AMP has cut its executive remuneration following shareholder pushback which sees chief executive Alexis George’s maximum-possible remuneration reduced by almost $1 million.

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SA advice firm takes stake in risk specialist

life-insurance/financial-advice/South-Australia/M&A/

South Australian financial advice firm Calder Wealth Management has announced a strategic partnership with a risk advice firm.

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Pre-retirees’ financial confidence takes a hit: Challenger

pre-retirees/challenger/retirees/financial-security/

Australian pre-retirees are exhibiting heightened anxiety about their financial future and are seeking greater retirement certainty as a result, Challenger research has uncovered.

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MLC AM private equity head joins boutique manager

MLC-Asset-Management/real-estate/hires/appointments/

Boutique real estate credit manager COI Capital Management has appointed a former private equity head from MLC Asset Management.

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Professional network key as firms move beyond advice

financial-advice/broking/CoreData/

CoreData research has highlighted Australian financial advice practices are expanding beyond traditional financial advice and reinforcing the power of a professional network to build their service offering.

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