‘Alert not alarm’: Lonsec warns on timing the market

market-volatility/lonsec/sell-off/international-equities/australian-equities/

Lonsec chief investment officer, Nathan Lim, has reminded advisers and clients that attempting to time the market to combat volatility this week could be costly to portfolios.

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Magellan Global Fund conversion sparks redemptions

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Magellan Financial Group has reported its highest funds under management in almost a year, but specialist investors made redemptions following changes to its global fund.

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RBA hands down August rate decision

RBA/central-banks/interest-rates/

The central bank has announced its latest rate decision amid signs of improving inflation in Australia and rumbles of slowing global growth.

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Global X ETFs Australia CEO to depart

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Global X ETFs has announced the CEO of its Australian business, Evan Metcalf, will depart the firm after a decade.

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An evolving advice landscape by 2050

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Research has forecast how financial advice landscape demographics could look in 2050, including how many more Australian consumers will need complex advice.

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Choosing the right successor for your advice practice

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Money Management explores the pros and cons of appointing a younger staff member as your successor, and why financial advisers shouldn’t underestimate their skills.

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Former Escala Partners co-founders join LGT Crestone

lgt-crestone/wealth-management/hires/appointments/

LGT Crestone has made two senior hires to its Melbourne office to boost growth in its high-net-worth and family office services, making 10 appointments from Escala Partners.

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FSC calls for regulation shake-up

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The Financial Services Council has recommended changes to regulatory design as millions more consumers are expected to need advice in the coming years.

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HNW wealth managers announce merger

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Two wealth managers focused on high and ultra-high-net-worth clients have announced a merger, with over 180 years of history between them.

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Perth practice embarks on internal succession plan

succession-plans/Perth/appointments/

Perth-based estate planning specialist Succession Matters has announced a partner appointment as the firm prepares its own business succession plan.

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