BTC on your APL? Licensees air views on crypto

crypto/cryptocurrency/bitcoin/approved-product-list/APLs/

Three of Australia’s largest financial advice groups have shared their thoughts with Money Management on whether they would include crypto on their approved product lists.

AUTHOR

Coalition’s Taylor commits to advice reforms within 100 days

federal-election/coalition/financial-advice/

Shadow treasurer Angus Taylor has vowed to introduce a bill to legislate a raft of financial services reforms if the Coalition is elected.

AUTHOR

Reach Alts joins forces with Russell Investments

Russell-Investments/Alternatives/private-markets/infrastructure/

Reach Alternative Investments has entered into a strategic partnership with Russell Investments to bolster its wholesale private markets offering for financial advisers and investors.

AUTHOR

Nuveen appoints global real estate head

Nuveen/real-estate/appointment/

Nuveen has appointed a global head of estate, a successor to Chris McGibbon who steps down after almost 25 years.

AUTHOR

Genium confirms senior hire from Morningstar

research-house/ratings/morningstar/

Boutique investment consulting and research house Genium Investment Partners has announced a senior appointment to drive further growth in its research ratings business.

AUTHOR

M&A actions propel licensees’ share price in Q1

financial-advice/licensees/AFSL/

Money Management examines the share price of financial advice licensees over one year to 31 March, with M&A actions in the final quarter having a positive effect for two licensees.

AUTHOR

‘Good result’ as $3.5m Caddick auditor class action approved

Melissa-Caddick/fraud/court/class-action/

A $3.5 million settlement for victims of Melissa Caddick has been approved by the Federal Court following an initial agreement last December.

AUTHOR

PE firm completes acquisition of Mason Stevens

Mason-Stevens/private-equity/M&A/platforms/

The acquisition of Mason Stevens by Adamantem Capital has reached completion, as the wealth platform looks to increase investment into its services for Australian wealth practices.

AUTHOR

HMC Capital flags upcoming private equity fund

private-markets/private-equity/fund-launch/

The alternative investment manager has signalled its intentions to repackage an existing fund into a second private equity vehicle, targeting both listed and unlisted opportunities.

AUTHOR

Otivo launches AI advice tool

otivo/AI/fintech/advice-technology/

Digital advice provider Otivo has launched an interactive tool, powered by artificial intelligence and Otivo’s own advice engine, to help answer client questions.

AUTHOR

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

So we are now underwriting criminal scams?...

3 months 2 weeks ago

Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...

3 months 2 weeks ago

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

5 months 3 weeks ago

A financial advice firm has been penalised $11 million in the Federal Court for providing ‘cookie cutter advice’ to its clients and breaching conflicted remuneration rule...

3 weeks 4 days ago

Prime Minister Anthony Albanese has confirmed who will succeed Stephen Jones to serve as the Assistant Treasurer and Financial Services Minister. ...

1 week ago

ASIC has permanently banned a former Perth adviser after he made “materially misleading” statements to induce investors. ...

2 weeks 4 days ago