Advisers outrank government as source of retirement support

financial-advice/financial-services-council/retirement/treasury/

| By Jasmine Siljic |

Australian consumers say they are more likely to seek retirement advice from a financial adviser or their super fund, the FSC reveals, demonstrating a distrust of government retirement support.

AUTHOR

Jasmine Siljic

Jasmine Siljic is a journalist at Money Management. Prior to joining MM, she also worked across other Momentum Media brands as an intern and cadet journalist. She recently completed a Bachelor of Media and Communications at Macquarie University.

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Magellan puts US in its sights for growth

Magellan/Andrew-Formica/Sophia-Rahmani/North-America/

| By Laura Dew |

Funds management

Magellan has detailed its plan to revamp its business in the US, with executive chairman Andrew Formica saying he can see a “tremendous opportunity” for the firm.

AUTHOR

Laura Dew

Laura Dew is editor at Money Management. Prior to joining MM, she spent five years working at Investment Week in the UK, covering asset and wealth management.

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T. Rowe Price warns of earnings disappointment in Australia

T-Rowe-Price/australian-equities/Australian-fixed-income/fund-management/

| By Laura Dew |

Funds management

The short-term outlook for Australian earnings is “at risk of disappointing”, according to T. Rowe Price, as it retains its underweight in the space.

AUTHOR

Laura Dew

Laura Dew is editor at Money Management. Prior to joining MM, she spent five years working at Investment Week in the UK, covering asset and wealth management.

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Filtering out the noise in small-cap markets: Ausbil

Ausbil/Small-caps/australian-equities/

| By Laura Dew |

Funds management

Speaking with the current and former employees of a potential stock is one way that Ausbil small-cap portfolio manager, Andrew Peros, tries to retain an edge in his investment strategy.

AUTHOR

Laura Dew

Laura Dew is editor at Money Management. Prior to joining MM, she spent five years working at Investment Week in the UK, covering asset and wealth management.

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AFCA accelerates work on Dixon complaints ahead of CSLR

AFCA/Dixon-Advisory/dass/CSLR/

| By Laura Dew |

Financial planning

AFCA has doubled the team handling Dixon Advisory complaints, with the Compensation Scheme of Last Resort just six weeks away from implementation.

AUTHOR

Laura Dew

Laura Dew is editor at Money Management. Prior to joining MM, she spent five years working at Investment Week in the UK, covering asset and wealth management.

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Is Xplan a ‘necessary evil’ for financial advisers?

iress/XPLAN/Software/financial-planning-software/

| By Jasmine Siljic |

Financial planning

Several advisers have expressed their frustrations with Iress’ Xplan software but feel smaller alternatives don’t have all the vital features yet, as the firm highlights its transformation strategy to improve.

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Jasmine Siljic

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Has leadership appointment boosted Magellan’s rating?

Magellan/morningstar/leadership/maple-brown-abbott/Sophia-Rahmani/

| By Laura Dew |

Funds management

Describing the appointment of Sophia Rahmani as Magellan’s new managing director last week as an “encouraging step”, Morningstar has detailed whether it is enough to increase its ranking of the asset manager.

AUTHOR

Laura Dew

Laura Dew is editor at Money Management. Prior to joining MM, she spent five years working at Investment Week in the UK, covering asset and wealth management.

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GQG CEO on difficulties of asset manager M&A activity

GQG-Partners/M&A/Pacific-Current-Group/

| By Laura Dew |

Funds management

GQG Partners chief executive, Tim Carver, believes it is “very, very hard” to pursue M&A in the asset management space after a failed bid for Pacific Current Group last year.

AUTHOR

Laura Dew

Laura Dew is editor at Money Management. Prior to joining MM, she spent five years working at Investment Week in the UK, covering asset and wealth management.

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Platforms look to fill role of education provider

platforms/Recep-Peker/BT-Panorama/CFS/amp-north/

| By Laura Dew |

Financial planning

Platforms are pivoting to take on the role formerly held by large licensees in providing adviser education, according to platform specialist Recep Peker, as well as improving their digital offerings.

AUTHOR

Laura Dew

Laura Dew is editor at Money Management. Prior to joining MM, she spent five years working at Investment Week in the UK, covering asset and wealth management.

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