Those mid-sized licensees with 16–50 authorised representatives are experiencing a blind spot, according to compliance firm Assured Support, and ASIC could develop specific supervision models for licensees of this size.
ASIC has cancelled the AFSL of a Sydney asset and investment manager following a payment by the Compensation Scheme of Last Resort.
With the rise of alternatives, Praemium has found high-net-worth investors are turning to financial advisers for help weighing up the various options.
Bell Asset Management has appointed Andrew Stewart from Allianz Retire+ as its new head of retail sales to strengthen its adviser presence.
Financial advisers in private wealth management companies are one of the most in-demand roles for this recruitment firm, sparking broader conversations about how to retain such talent once it is secured.
Active ETFs have hit a “critical inflection point” with a particular growth observed in fixed income products, and JPMAM’s global head of ETFs expects the fixed income ETFs to reach US$6 trillion within the next five years.
Copia Investment Partners has appointed Mac Dinsmore as distribution manager, working with wholesale clients, just weeks after hiring a Victorian business development manager.
Bell Asset Management has appointed Andrew Stewart from Allianz Retire+ as its new head of retail sales to strengthen its adviser presence.
Global X ETFs has expanded its national presence by opening its first office in Western Australia, alongside announcing three new appointments.
A financial adviser has been given a reprimand by the FSCP for contraventions under the Corporations Act regarding superannuation advice.
