ASIC imposes licence conditions on AFSL over unlicensed advice concerns
ASIC has imposed licence conditions on a financial services firm following concerns its customer service representatives have been giving unlicensed advice.
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Adviser numbers return to double-digit growth
The financial advice profession has enjoyed a recovery this week as numbers surpassed 15,600 yet again, following the largest decline in the calendar YTD last week.
AUTHOR
Shy-Ann Arkinstall
Access to financial advice crucial to grow the number of self-funded retirees
Australia’s retirement system is under mounting pressure, and industry leaders have warned that without broader access to financial advice, the country will go “broke”.
AUTHOR
Keith Ford
Centrepoint to welcome 300+ members from Brighter Super
With Centrepoint Alliance announcing the acquisition of Brighter Super’s advice book last month, the licensee has now confirmed some 80 per cent are set to transition across.
AUTHOR
Keith Ford
The risk of switching panicked clients into cash
Two JPMAM commentators have warned advisers about the dangers of moving assets into cash during market volatility, describing it as “swopping one risk for another”.
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.
Zenith managing director, co-founder set to exit
Zenith Investment Partners will see its co-founder and managing director both depart this year due to their ambitions no longer aligning with those of its parent company.
AUTHOR
Jasmine Siljic
Jasmine Siljic is a journalist at Money Management. Prior to joining MM, she also worked across other Momentum Media brands as an intern and cadet journalist. She recently completed a Bachelor of Media and Communications at Macquarie University.
Mason Stevens appoints strategy chief to lead UHNW growth
Wealth platform Mason Stevens has welcomed a chief strategy officer to lead the expansion of its UHNW segment, who joins from Morgan Stanley.
AUTHOR
Jasmine Siljic
Jasmine Siljic is a journalist at Money Management. Prior to joining MM, she also worked across other Momentum Media brands as an intern and cadet journalist. She recently completed a Bachelor of Media and Communications at Macquarie University.
Relative Return Insider: Navigating rate cuts and global uncertainty
In this week’s episode of Relative Return Insider, AMP chief economist Shane Oliver joins the show to break down
AUTHOR
Keith Ford
MA Financial expands platform with IPG acquisition
The global alternative asset manager has confirmed the acquisition of IP Generation.
AUTHOR
Adrian Suljanovic
JPMAM actively seeking strategic partnerships in wealth management
Strategic partnerships are the number one priority for JPMAM, according to its EMEA CEO, having already enacted two deals with large New Zealand and UK wealth management groups.
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.
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