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Culture or salary: What do financial services professionals value most?

recruitment/finance/culture/remuneration/salary/ESG/

Research by two recruiters has revealed whether salary or team culture is more important to financial services professionals when considering a new position.

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WTW launches first fund for advisers

private-equity/WTW/private-markets/retirement/financial-advisers/

Financial advisers will have access to private equity investments run by WTW for the first time as it launches a pooled fund to provide savers with access to traditionally institutional assets.

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Two AZ NGA firms merge in ‘super firm’ strategy

AZ-NGA/M&A/merger/financial-advice/Paul-Barrett/

Two financial advice businesses are to merge in a bid to create a multidisciplinary professional services firm as part of AZ NGA’s “super firm” strategy.

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Three fund managers expand their ETF suites

BetaShares/Russell-Investments/Franklin-Templeton/ETFs/equities/

Three solutions providers – Betashares, Franklin Templeton and Russell Investments – have all launched new ETF products, including one range which uses gearing to help build wealth.

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Why don’t licensees fall under FSCP’s spotlight?

FSCP/ASIC/compliance/financial-advisers/

While the Financial Services and Credit Panel can take action on individual advisers’ misconduct, a compliance professional unpacks why the panel does not always subject licensees to further action.

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The need for high barriers to entry in fund management

fund-management/fund-launch/fund-managers/equities/quality-investments/

High entry requirements are vital to ensure fund management remains competitive, according to Blackwattle’s managing director Michael Skinner, as the firm approaches its first anniversary.

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Forager outlines fund delisting rationale

Forager/ASX/delisting/australian-equities/ETFs/

Forager Funds Management has shared its rationale behind delisting its Australian Shares Fund from the ASX in favour of structuring it as an open-ended unit trust.

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Former Vanguard Super head lands asset manager CEO role

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Michael Lovett, who left the investment giant just three months after launching its Vanguard Super offering, has taken up a CEO role at an Australian asset manager.

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Apostle appoints head of wholesale director

Apostle-Funds-Management/wholesale-investing/appointments/

Apostle Funds Management has appointed the newly created position of director, head of wholesale as the firm expands its Australian footprint in the wholesale sector.

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HUB24 breaks through $100bn FUA

HUB24/platforms/Andrew-Alcock/

Platform HUB24 has reported $100 billion funds under administration in its latest quarterly results, helped by a 90 per cent rise in platform net inflows.

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