Powered by MOMENTUM MEDIA
moneymanagement logo
 

AMP proposes further cuts amid ongoing simplification

amp/AMP-Group/restructure/fsu/Finance-Sector-Union/

Almost 30 staff at AMP could be affected by changes to its marketing and communications team, Money Management understands, as it makes two senior hires.

Read more about:

AUTHOR

Cbus launches financial advice offering

Cbus/financial-advice/

Superannuation fund Cbus has announced it will offer a financial advice offering for its members and their partners called Advice Essentials Plus.

AUTHOR

FAAA embraces ASIC’s ‘workable’ FSG solution

ASIC/FSG/Financial-Services-Guides/phil-anderson/

ASIC’s relief measures enabling advisers to rely on website disclosure information instead of providing a Financial Services Guide has been welcomed by the industry association.

Read more about:

AUTHOR

CFS finalises decision on RLAM/Ironbark funds

CFS/colonial-first-state/Pinnacle-Investment-Management/Pinnacle/Ironbark-Asset-Management/equities/global-equities/

CFS has finalised its decision on the future of two RLAM funds on its platform after Ironbark Asset Management opted to agree to new investment managers.

Read more about:

AUTHOR

ASIC urges cyber security to be ‘top of mind’

ASIC/cybersecurity/cyber-attack/licensees/

ASIC chair Joe Longo has told AFSLs that putting in place cyber protections should be “top of mind” as they manage their businesses, and flagged the weaknesses demonstrated by RI Advice.

Read more about:

AUTHOR

ESG and sustainable fund flows improve in Q3

morningstar/ESG/sustainable-funds/sustainable-investing/

Investors in Australia and New Zealand allocated US$640 million to sustainable funds in the third quarter of 2024, reversing outflows of US$555 million in the previous quarter.

Read more about:

AUTHOR

Macquarie and Equity Trustees caught up in Shield investigation

ASIC/Sarah-Court/equity-trustees/macquarie/

ASIC has said it is exploring whether there are concerns regarding Macquarie and Equity Trustees for hosting platforms where investors rolled over their superannuation into the Shield Master Fund.

Read more about:

AUTHOR

New entrants see lowest FY25 volume

Wealth-Data/WT-Financial/insignia-financial/financial-advice/new-entrants/

Rhombus Advisory and WT Financial Group are among the AFSLs seeing adviser declines this week, as only three new entrants join the profession.

Read more about:

AUTHOR

Cracking the code to scaled advice delivery

Adviser-Ratings/digital-advice/scaled-advice/financial-advice/

Strategic technology integration and clearly defined advice propositions are two critical elements for building a successfully scaled advice model, Adviser Ratings unpacks.

Read more about:

AUTHOR

PictureWealth appoints head of advice

appointment/financial-advice/licensees/

National advice licensee PictureWealth has appointed John Bezich in a newly created role of head of advice.

Read more about:

AUTHOR

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

The succession dilemma is more than just a matter of commitments.This isn’t simply about younger vs. older advisers. It’...

6 days 2 hours ago

Significant ethical issues there. If a relationship is in the process of breaking down then both parties are likely to b...

1 month ago

It's not licensees not putting them on, it's small businesses (that are licensed) that cannot afford to put them on. The...

1 month ago

ASIC has released the results of the latest adviser exam, with August’s pass mark improving on the sitting from a year ago. ...

1 week 1 day ago

The inquiry into the collapse of Dixon Advisory and broader wealth management companies by the Senate economics references committee will not be re-adopted. ...

2 weeks 1 day ago

While the profession continues to see consolidation at the top, Adviser Ratings has compared the business models of Insignia and Entireti and how they are shaping the pro...

2 weeks 3 days ago