TAL’s Clark to depart group CEO role

TAL/insurance/life-insurance/

TAL group chief executive Brett Clark is to step down from the role after almost a decade with a new replacement appointed.

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What are the greatest compliance risks for AFSLs?

ASIC/compliance/licensees/AFSL/Holley-Nethercote/

From cyber security threats to external reviews, financial services law firm Holley Nethercote has uncovered the most notable compliance concerns for AFSLs.

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CFS approves first FSI replacement manager

First-Sentier-Investors/Pinnacle/CFS/colonial-first-state/

Colonial First State has confirmed the first alternative manager for its funds, following the closure of four First Sentier Investors teams.

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What women want: Changing the advice space for female clients

JBWere/female/women's-wealth/women-in-financial-services/financial-advisers/

JBWere Australia CEO, Maria Lykouras, and a female financial adviser have underscored how advice practices can better service female clients from communication and trust to investment selection.

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Betashares receives $300m investment to fuel growth trajectory

BetaShares/ETFs/Funds-management/

ETF provider Betashares has secured $300 million in investment from Singapore-based Temasek which will acquire a stake in the business.

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Cost remains persistent barrier against retirement advice

vanguard/advice-fees/retirement/

The high cost of receiving financial advice continues to be a barrier preventing half of retirees from seeking an adviser’s support, Vanguard’s latest data shows.

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Small caps, big opportunities

Premium-Content/

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How advice salaries will look in FY24–25

Hays/salary/remuneration/financial-advisers/

The latest edition of the Hays annual salary report has broken down the expected average salary for a variety of senior and junior financial planning roles for the upcoming FY24–25.

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Ceasing advice licensees outweigh new players

Wealth-Data/financial-advisers/adviser-numbers/licensees/self-licensed/

Just two financial advice licensees have commenced operations and seven ceased over the past two weeks, while total adviser numbers slip below 15,600 yet again.

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Will the QAR super requirement be as stringent as industry fears?

ASIC/Alan-Kirkland/quality-of-advice-review/statements-of-advice/superannuation-trustees/

ASIC has told the Senate economics committee that it expects the requirement for superannuation trustees to check Statements of Advice won’t be “highly prescriptive” and is only one possible form of evidence.

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