Financial advisers are encountering problems when it comes to navigating the technicalities of superannuation decumulation, according to BT, as well as how to best plan for the intergenerational wealth transfer.

Pella Funds Management founder, Jordan Cvetanovski, has shared his top advice for any budding fund managers looking to start their own business.

With the proportion of female portfolio managers decreasing by 17 per cent in the last seven years, certain asset classes are faring better than others, according to Future IM/Pact.

Over seven in 10 financial advice practices that embrace technology are enjoying profits above 10 per cent, compared to just 43 per cent of firms that have not done so.

Daintree Capital has received a $120 million investment for its Core Income Trust Fund from Colonial First State, while Hamilton Lane has exceeded targets on a fundraise.

The Senate economics legislation committee has recommended Schedule 1 of the Delivering Better Financial Outcomes legislation be passed as it is a “faithful implementation” of the recommendations.

There have been four consecutive weeks of adviser declines as eight financial advisers depart the profession this week, with the majority leaving from Count.

The Treasury has announced its latest roadmap to support growth in Australia’s sustainable finance markets and tackle greenwashing, including several upcoming milestones.

Platinum Asset Management is closing its Platinum World Portfolios and its London office as part of the business “turnaround program” announced in February.