‘Much too high’: FAAA advocates further ASIC levy reduction

Sarah-Abood/levy/ASIC/industry-funding/

While ASIC’s estimated FY24 levy only saw a slight $60 rise per adviser compared to the previous year, FAAA’s Sarah Abood believes it is still too high for a shrinking industry.

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BT spotlights advisers’ top concerns

BT/financial-advice/adviser-sentiment/recruitment/staff/

Over three-quarters of financial advisers say they struggle with staff recruitment, according to BT, as it rounds up the top 10 challenges which plague the industry.

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How much do advice practices spend on tech?

technology/financial-advice/investment-trends/Adviser-Ratings/financial-advisers/

Investment Trends has uncovered the annual average technology spend of financial advice firms and how advisers are adopting artificial intelligence in their everyday processes.

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National licensee makes BDM hire to boost future growth

licensees/AFSL/TAL/Bombora-Advice/BDM/

National advice group Bombora Advice has appointed David Mounsey in the newly created role of business growth and development manager to drive future growth, particularly in the risk space.

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Aussie ETF assets break through $200bn mark

vanguard/ETFs/fixed-income/

Strong inflows from international equity ETFs have helped accelerate Australian ETF assets under management to above $200 billion, Vanguard data shows.

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Capital Group - Best Fixed Income Asset Manager at the inaugural Australian Wealth Management Awards

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The ‘once in a generation’ platform opportunity

platforms/Recep-Peker/Adviser-Ratings/HUB24/netwealth/

The rise of self-licensed financial advisers is creating a “once in a generation” opportunity for platforms as they are prompted to select their platform of choice for the first time.

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Regal aims to become leading private credit provider

Regal-Partners-Limited/private-credit/M&A/alternative-assets/

Regal Partners has shared how the acquisition of Merricks Capital will progress its private credit goals with 40 per cent of the firm’s FUM expecting to sit in private credit post-completion.

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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.

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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.

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