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Professional judgement, not prescriptive rules: FAAA

FPA/compliance/breach-reporting/ASIC/licensees/

The FAAA has argued against “prescriptive record keeping obligations” in favour of advisers using their professional judgement.

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VBP unveils minority stake in advice platform

Virtual-Business-Partners/platforms/advice-technology/financial-advisers/

Outsourcing company Vital Business Partners has taken a minority equity stake in a digital platform for financial advisers, which will help fund its future growth plans.

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GQG enjoys 10th consecutive FUM rise

GQG-Partners/gqg/Funds-management/

GQG’s funds under management has continued to climb after surpassing US$150 billion earlier this year.

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Platinum suffers further outflows in August

Platinum/Platinum-Asset-Management/Funds-management/

Platinum Asset Management’s funds under management was $12.23 billion at the end of August, down from $13.03 billion in July.

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Financial adviser numbers bear double-digit drop

Wealth-Data/Colin-Williams/adviser-exam/new-entrants/

The advice profession lost 15 advisers over the past week, according to Wealth Data, partly due to a lower number of new entrants and advisers transitioning between licensees.

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ASIC’s action against advice misconduct in 1H24

ASIC/financial-advice/misconduct/enforcement/

The regulator says it secured $32.2 million in civil penalties and nine criminal convictions in the six months to 30 June.

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What has unfolded since the experience pathway’s passage?

experience-pathway/Parliament/ASIC/financial-advisers/

Money Management examines how the experienced provider pathway has impacted the advice industry, one year since it was passed on 6 September 2023.

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Former Keystone director sees company assets frozen

ASIC/federal-court/managed-investment-scheme/

A judge has frozen the assets of former Keystone director Paul Chiodo’s company and ruled in ASIC’s favour that administrators can be appointed to wind up the firm.

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HeirWealth welcomes former Count executive

Platforms-&-wraps/Count-Financial/appointments/

The emerging wealth technology platform has appointed Michael Csavas, former acting Count CEO, to drive growth and target financial advisers and accountants.

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Thursday, 17 October 2024
11:00am AEDT

Webcast

Unlock the secrets to an 'epic' retirement for your clients!

Are your clients ready to redefine retirement? Join us for an exclusive, FREE webinar hosted by Money Management in association with Allianz Retire+, where we delve into Australia’s evolving retirement landscape.

Why attend?

Australians are transforming retirement into a vibrant, dynamic chapter filled with new opportunities and challenges. Allianz Retire+ has embarked on a groundbreaking study, “How do we make retirements more epic?” – in collaboration with best-selling author and retirement educator Bec Wilson. This research uncovers how Australians are reimagining their post-work lives and its implications for retirement planning.

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Bec Wilson, author of “How to have an epic retirement”

Justine Marquet, Head of Technical Services, Allianz Retire+

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  • Evolving attitudes: Discover how retirees are integrating work, family, and travel into their lives.
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Schedule

Thursday, 17 October 2024
11:00am AEDT
Speakers
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