AMP creates new head of retirement solutions role

amp/amp-north/retirement/aware-super/

The financial advice firm has appointed an Aware Super executive to join its platforms business in a newly created role aimed at enhancing and accelerating its retirement capability.

AUTHOR

ASIC permanently bans former WA adviser

ASIC/adviser-exam/financial-advisers/

ASIC has permanently banned a former Western Australia-based financial adviser after he falsified his adviser exam certificate.

AUTHOR

How much is ASIC’s 2023–24 industry levy?

ASIC/ASIC-levy/fees/

ASIC has confirmed the estimated industry funding levy for the 2023–24 financial year and how much licensees can expect to pay.

AUTHOR

The biggest funds management news of the last quarter

Funds-management/Platinum/FSI/T.Rowe-Price/Schroders/

From multiple fund closures to a blockbuster IPO, Money Management collates the most significant news in the funds management industry over the past three months.

AUTHOR

GQG Partners shares H1 FUM update

GQG-Partners/Pacific-Current-Group/funds-management/

GQG Partners has shared its funds under management at the end of June and inflows for the first half of 2024, having taken minority stakes in three US-based businesses.

AUTHOR

Asset managers enter strategic partnership

Channel-Capital/partnership/Funds-management/

Asset management firm Channel Capital and boutique absolute return manager Arnott Capital have formed a strategic partnership to drive business growth.

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Adviser-owned, adviser-run: Godfrey Pembroke CEO on Insignia exit

Godfrey-Pembroke/insignia-financial/insignia/licensees/AFSLs/financial-advisers/

Three months since Godfrey Pembroke officially exited Insignia Financial’s institutional AFSL, Money Management speaks with CEO Mark Fisher on his path to becoming an adviser-owned, adviser-run licensee.

AUTHOR

Which AFSLs did ASIC target in FY24?

ASIC/AFSLs/licensees/bannings/financial-advice/

With the 2023–24 financial year behind us, Money Management takes a look back on the financial advice licensees that were hit with enforcement action by ASIC in the past 12 months.

AUTHOR

Unpacking experience pathway’s impact on FAR

experience-pathway/financial-adviser-register/ASIC/financial-advisers/

With the financial advisers register no longer distinguishing those who have used the experienced pathway to provide advice, how will this affect consumers and employers?

AUTHOR

ASIC dismissing misconduct reports in 40 seconds

ASIC/senate/andrew-bragg/misconduct/

The final ASIC inquiry report has found more than 26,000 reportable situations reports made by licensees during 2022–23 were assessed as requiring no action, while public misconduct reports were routinely dismissed in 40 seconds.

AUTHOR

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MARKET INSIGHTS

So we are now underwriting criminal scams?...

3 months ago

Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...

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