Work/life balance a key attraction in employee retention

recruitment/Robert-Half/remuneration/hiring/employment/

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

PwC/ESG/Joe-Longo/ASIC/climate-change/climate-change-disclosure/

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

Podcast/Relative-Return/Premium-Content/

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

Australian-Ethical/Altius-asset-Management/fixed-income/bonds/M&A/

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

CFS/colonial-first-state/Kelly-Power/bryce-quirk/platforms/fnz/

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

financial-advisers/financial-advice/banning/ASIC/

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

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Russell Investments appoints APAC head

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Russell Investments has appointed a new head of Asia-Pacific, six months after appointing Pete Gunning to the role.

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RI Advice flagged as cautionary cyber security tale

RI-Advice/cybersecurity/ASIC/Joe-Longo/cyber-attack/

ASIC has flagged the 2022 case of RI Advice as an example of the need for cyber security measures within a financial services firm as chair Joe Longo warns a cyber attack “is almost inevitable”.

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ASIC issues guidance for licensees on experience pathway

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ASIC has issued information for AFS licensees clarifying what they need to do if their adviser wishes to access the experience pathway.

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