Advice licensee Sequoia Financial Group has announced a new chairman as the firm reshuffles following a shareholder dispute.
The Compensation Scheme of Last Resort’s CEO David Berry has confirmed the number of complaints the organisation is actively working on, with $3.3 million being paid to victims so far.
The Governance Institute has said ASIC’s governance arrangements are no longer “fit for purpose” in a time when financial markets are quickly innovating and cyber crime becomes a threat.
Lonsec chief investment officer, Nathan Lim, has reminded advisers and clients that attempting to time the market to combat volatility this week could be costly to portfolios.
Magellan Financial Group has reported its highest funds under management in almost a year, but specialist investors made redemptions following changes to its global fund.
The central bank has announced its latest rate decision amid signs of improving inflation in Australia and rumbles of slowing global growth.
Global X ETFs has announced the CEO of its Australian business, Evan Metcalf, will depart the firm after a decade.
Research has forecast how financial advice landscape demographics could look in 2050, including how many more Australian consumers will need complex advice.
Money Management explores the pros and cons of appointing a younger staff member as your successor, and why financial advisers shouldn’t underestimate their skills.
LGT Crestone has made two senior hires to its Melbourne office to boost growth in its high-net-worth and family office services, making 10 appointments from Escala Partners.
