Why didn’t ASIC target individual Dixon advisers?

Dixon/Dixon-Advisory/ASIC/enforcement/

ASIC has detailed to the Senate Economics Committee why it decided to pursue action against Dixon Advisory rather than the individual advisers involved in the wrongdoing.

AUTHOR

How George is rebuilding trust at AMP

amp/Alexis-George/licensees/trust/

AMP chief executive, Alexis George, has shared how she has rebuilt the company since taking over the role three years ago and regained trust in the brand.

AUTHOR

Alleged Dixon losses reach $458 million: AFCA

advice/AFCA/Dixon/Dixon-Advisory/david-locke/

AFCA has told the Senate Economics Committee that alleged losses from Dixon Advisory clients are an estimated $458 million while outlining the concerns it is observing in determinations.

AUTHOR

Tribeca ends 16-year GSFM relationship

Tribeca-Investment-Partners/GSFM/distribution/

Tribeca Investment Partners has announced it is ending its distribution agreement with GSFM after 16 years as it seeks to internalise functions.

AUTHOR

Relative Return: Taking an ESG lens to active ETFs

Podcast/Relative-Return/Sponsored-by/

In this episode of Relative Return, host Maja Garaca Djurdjevic chats with James Harwood, director and senior portfolio manager of the APAC region at Russell Investments, about ESG and active exchange-traded funds (ETFs)

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Fiducian’s Auxilium platform identified as ‘disrupter of the disrupters’

Fiducian/licensees/AFSL/platforms/

Fiducian’s Auxilium platform has been identified as a strong capability and growth opportunity at the firm, having recently opened up to external advisers for the first time.

AUTHOR

4 advice firms merge to create Esencia Wealth

financial-advisers/advice-practice/financial-advice/mergers-and-acquisitions/

Four financial advice businesses have joined forces to form Esencia Wealth, which has opened its new Sydney office with over 1,000 clients and 10 advisers.

AUTHOR

Count equity business purchases Melbourne client book

M&A/Countplus/AFSL/Melbourne/

O’Brien Accountants & Advisors, an equity partner firm of advice licensee Count, has acquired an accounting client book for $2.1 million to expand its Melbourne client base.

AUTHOR

Regal to acquire alternatives manager in $235m deal

regal-funds-management/Regal-Partners-Limited/Alternatives/private-capital/acquisition/M&A/

Regal Partners has entered into agreement to acquire private capital and alternative investment specialist Merricks Capital for $235 million.

AUTHOR

Sequoia delays shareholder EGM

Sequoia/AFSL/shareholders/

Sequoia has delayed its extraordinary general meeting by one day at the request of the Australian government’s Takeovers Panel regarding an application alleging unethical practices.

AUTHOR

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