Colonial First State has confirmed the first alternative manager for its funds, following the closure of four First Sentier Investors teams.
JBWere Australia CEO, Maria Lykouras, and a female financial adviser have underscored how advice practices can better service female clients from communication and trust to investment selection.
ETF provider Betashares has secured $300 million in investment from Singapore-based Temasek which will acquire a stake in the business.
The high cost of receiving financial advice continues to be a barrier preventing half of retirees from seeking an adviser’s support, Vanguard’s latest data shows.
The latest edition of the Hays annual salary report has broken down the expected average salary for a variety of senior and junior financial planning roles for the upcoming FY24–25.
Just two financial advice licensees have commenced operations and seven ceased over the past two weeks, while total adviser numbers slip below 15,600 yet again.
ASIC has told the Senate economics committee that it expects the requirement for superannuation trustees to check Statements of Advice won’t be “highly prescriptive” and is only one possible form of evidence.
Financial services firm Fiducian has added two new franchisees to its national advice network, one based in Victoria and the other in Northern Territory.
Investment boutique Prime Value Asset Management has appointed a head of distribution who joins the firm after almost nine years at Magellan Financial Group.
