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The characteristics of top-performing advice practices

advice-firms/financial-advisers/practice-management/elixir-consulting/Virtual-Business-Partners/

There are six critical factors that high-performing financial advice businesses have in common, new data from VBP-backed Elixir Consulting highlights.

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Otivo launches SOA audit tool

quality-of-advice-review/SOAs/financial-advice/fintech/otivo/

Financial advice platform Otivo has launched a compliance tool for financial advisers to publish and audit their statements of advice.

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Lazard AM unveils first Australian ETF

Lazard/ETFs/infrastructure/

Lazard Asset Management has launched its first ETF in Australia, transforming its global listed infrastructure fund into an ETF structure.

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RBA announces latest rate decision

RBA/interest-rates/central-banks/

The central bank has announced its latest rate decision amid sticky inflation and ongoing geopolitical tension, including uncertainty in the eurozone.

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TAL’s Clark to depart group CEO role

TAL/insurance/life-insurance/

TAL group chief executive Brett Clark is to step down from the role after almost a decade with a new replacement appointed.

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What are the greatest compliance risks for AFSLs?

ASIC/compliance/licensees/AFSL/Holley-Nethercote/

From cyber security threats to external reviews, financial services law firm Holley Nethercote has uncovered the most notable compliance concerns for AFSLs.

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CFS approves first FSI replacement manager

First-Sentier-Investors/Pinnacle/CFS/colonial-first-state/

Colonial First State has confirmed the first alternative manager for its funds, following the closure of four First Sentier Investors teams.

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What women want: Changing the advice space for female clients

JBWere/female/women's-wealth/women-in-financial-services/financial-advisers/

JBWere Australia CEO, Maria Lykouras, and a female financial adviser have underscored how advice practices can better service female clients from communication and trust to investment selection.

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Betashares receives $300m investment to fuel growth trajectory

BetaShares/ETFs/Funds-management/

ETF provider Betashares has secured $300 million in investment from Singapore-based Temasek which will acquire a stake in the business.

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Cost remains persistent barrier against retirement advice

vanguard/advice-fees/retirement/

The high cost of receiving financial advice continues to be a barrier preventing half of retirees from seeking an adviser’s support, Vanguard’s latest data shows.

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