The secular backdrop for the next five years invites advisers to reverse the typical 60/40 per cent equity and bond asset allocations in portfolios, according to PIMCO fixed income experts.
As clients exhibit their willingness to “test the waters” with their wealth providers, an EY leader underscores why client retention is vital for financial advice firms to grow before considering M&A deals.
Prime Financial is driving forward its inorganic growth strategy as it looks to acquire a remuneration administration business and is in talks with a Melbourne-based wealth management firm.
Platform HUB24 has appointed a former MLC and NAB senior executive to its board as a non-executive director.
Platinum Asset Management has seen redemptions plateau in May following heavy outflows in the past two m
The investment appetite for private markets climbs higher as 70 per cent of advisers say they plan to raise clients’ allocations to the asset class and adviser education strengthens.
With the end of financial year fast approaching, there can be tax benefits for clients holding ETFs over other types of investment.
Ahead of a public hearing this week, the government has commenced a consultation on draft regulations to support the implementation of the first tranche of Quality of Advice Review reforms.
The Compensation Scheme of Last Resort has made its first payouts to victims since launching in April, with three claimants having been the victims of poor financial advice.
BDMs specialising in equities and fixed income report their bonuses are coming under pressure as investors opt for alternatives, but salaries can still reach as high as $450,000, according to Kaizen Recruitment.
