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Former Millennium3 CEO to lead AZ NGA subsidiary

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AZ NGA subsidiary Nestworth, which recently acquired the financial advice business of Australian Unity, has appointed a former senior Insignia executive as CEO.

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Genium makes third research appointment from Morningstar

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Research house Genium Investment Partners has made a third appointment from Morningstar in less than a year to work in its newly launched research ratings division.

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Will adviser numbers see greater stability in 2024?

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As YTD financial adviser growth approaches parity with 2023, Wealth Data’s Colin Williams is optimistic that adviser losses will be less severe in 2024 due to increasing steadiness in the profession.

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Work/life balance a key attraction in employee retention

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Employers should not panic if remuneration budgets are too stretched to offer salary bumps, according to two recruiters, as staff say they are also attracted to a greater work/life balance when accepting a promotion.

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Directors risking unintentional greenwashing by avoiding ESG obligations

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Failure to meet ESG compliance obligations can leave financial services directors walking a tightrope of risk, according to PwC, as ASIC urges firms to prepare for climate reporting.

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Relative Return: The role of real estate in a portfolio

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In this episode of Relative Return, host Laura Dew speaks with Andrew Lockhart, managing partner at Metr

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Cromwell doubles down on Australia with European platform sale

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The property group has announced the sale of its European funds management platform for $457 million as it looks to Australia and New Zealand for future growth.

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Australian Ethical makes $5.5m acquisition of fixed income manager

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Australian Ethical has announced it has entered into a binding agreement to acquire a sustainable fixed income manager, increasing its FUM by around $2 billion.

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CFS passes $1bn on Edge platform

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Colonial First State has reached $1 billion in funds under administration on its Edge platform, having launched last August.

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Former adviser banned for multiple breaches

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A former financial adviser has been banned by ASIC from providing financial services for inappropriate advice, among multiple breaches.

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