Adviser cops FSCP reprimand over super advice
A financial adviser has been given a reprimand by the FSCP for contraventions under the Corporations Act regarding superannuation advice.
A financial adviser has been given a reprimand by the FSCP for contraventions under the Corporations Act regarding superannuation advice.
State Street has shared several ETF predictions for how ETFs could grow in 2025 and beyond, including a focus on artificial intelligence and alternative investments.
The Reserve Bank of Australia (RBA) has lowered rates to a level not seen since mid-2023.
The restructure of Insignia Financial’s advice network into two parts could lead to further adviser attrition than initially forecast if advisers shun the salaried model, Morningstar believes.
The democratisation of alternatives funds was a key reason for Barings to consider entering the Australian wealth management market, its Australian wealth distribution head has stated.
The Australian Wealth Advisors Group has taken a 20 per cent stake in two Australian wealth management firms, having also made two investments last year.
Franklin Templeton Australia has closed two funds run by ClearBridge and Martin Currie, one of which is over 40 years old.
Australia is driving the way in active ETFs, according to Trackinsight, and active listings could outpace those of passive ones by FY26.
Fund managers are seeking to strengthen their distribution teams to target the wealth management channels, but recruiters say it can be difficult to find senior hires.
Having previously stated a desire for greater expertise in fixed income, Bennelong Funds Management has partnered with Allspring Global Investments on a global income strategy.