Unregistered advisers result in infringement notices for 2 AFSLs
ASIC has issued infringement notices to two AFSLs over financial advisers providing personal advice while they were unregistered.
Powered by
MOMENTUM
MEDIA
POWERED BY MOMENTUM MEDIA
AMP announces senior platform appointment
AMP has announced a senior appointment to its North leadership team, reinforcing the firm’s commitment to the advice industry.
AUTHOR
Shy-Ann Arkinstall
Comprehensive advice significantly improves retirement outcomes: Vanguard
Australian retirees could increase their projected annual incomes by as much as 51 per cent through comprehensive financial advice, according to a Vanguard study, but cost continues to be an issue.
AUTHOR
Shy-Ann Arkinstall
Australian Ethical sees FUM jump by a third in FY25
Ethical investment manager Australian Ethical has seen its funds under management rise by a third over FY25 to close out the year at $13.9 billion.
AUTHOR
Laura Dew
Laura Dew is editor at Money Management. Prior to joining MM, she spent five years working at Investment Week in the UK, covering asset and wealth management.
Private market providers risking adviser trust with misleading products
Retailisation of private markets such as evergreen funds may seem like appealing options for wholesale and retail investors, but providers risk undermining trust if their products are unclear.
AUTHOR
Laura Dew
Laura Dew is editor at Money Management. Prior to joining MM, she spent five years working at Investment Week in the UK, covering asset and wealth management.
ASIC’s ethics called into question by exam candidates
Despite the financial adviser exam being rooted in ethics, two professional year advisers believe the lack of support and transparency from the regulator around the exam is unethical.
AUTHOR
Shy-Ann Arkinstall
Cash acting as an emotional safety net during market volatility
Despite having less growth potential than other assets, financial advisers have said cash allocations are providing a sense of comfort for clients, allowing them to ride out volatility without sacrificing their lifestyle.
AUTHOR
Shy-Ann Arkinstall
Asset managers make senior distribution appointments
BlackRock Australia’s head of intermediary distribution James Waterworth has taken up a new distribution role at an alternative asset manager, while Antipodes has hired a distribution director.
AUTHOR
Laura Dew
Laura Dew is editor at Money Management. Prior to joining MM, she spent five years working at Investment Week in the UK, covering asset and wealth management.
AMP North targeting retirement needs with managed accounts expansion
AMP’s advice platform has announced three additions to its managed account menu with the new funds aimed to help advisers with clients’ income protection and fixed income needs.
AUTHOR
Shy-Ann Arkinstall
BlackRock ETF AUM reaches US$4.7tn
BlackRock’s iShares ETFs have reported a record first half for inflows, gaining US$192 billion in the past six months, to see overall ETF assets under management rise to US$4.7 trillion as it launches its first active ETF in Australia.
AUTHOR
Laura Dew
Laura Dew is editor at Money Management. Prior to joining MM, she spent five years working at Investment Week in the UK, covering asset and wealth management.
Never miss the latest news and developments in wealth management industry
MARKET INSIGHTS
Podcast
