Demand for ETFs is only set to climb higher with over one-third of financial advisers planning to lift their ETF allocation in the next 12 months.
ASIC has suspended the AFSL of a Sydney advice firm, the first action it has taken in the new financial year.
Technology company Iress has revealed the findings of its internal investigation following a cyber incident earlier this year which affected its OneVue business.
Count has divested its Bentleys WA business for a lower purchase price than initially forecast.
An experienced financial adviser, who has been with AMP for nearly two decades, has launched his own Western Australia-based advice firm under AMP Advice’s licensee network.
The Financial Advice Association Australia’s Anne Palmer believes new entrants can no longer rely on large advice licensees for recruitment, leaving the obligation to smaller practices.
Sequoia chief executive Garry Crole is looking ahead beyond business disruption as the licensee receives a verdict from the Takeovers Panel regarding whether there was unethical shareholder practice afoot.
ASIC says spot checks have “identified errors and inconsistencies” on the Financial Advisers Register and urged AFSLs to assess the accuracy of their records.
The $280 billion Australian Retirement Trust is the first superannuation fund off the block to report its performance for the 2023-24 financial year.
