Pinnacle has seen a return to inflows in the first half of FY2023–24 as funds under management surpass $100 billion for the first time.
With Australians living and working longer than ever, there are calls from industry professionals to redefine the traditional concept of retirement to ensure it meets their needs.
ifa is hosting a free webcast in February on how one retirement income solution could prepare clients for retirement, sponsored by Allianz Retire+.
Providing inappropriate advice and receiving soft benefits from a telemarketing operation about superannuation switching are among breaches that have led to the Financial Services and Credit Panel’s first outcome for 2024.
Five years since the Hayne royal commission was released to the public in February 2019, Money Management speaks to five advisers who reflect on how the advice industry has been “changed forever”.
On the five-year anniversary of the Hayne royal commission, FAAA chief executive Sarah Abood believes it will be a “tragedy” if the industry reverts back and shares her views on a possible return by banks to advice.
Ethical asset manager Australian Ethical has expanded its product range with an infrastructure debt fund, in association with specialist manager Infradebt.
Losses at Count and Diverger, which are set to merge in March, have wiped out the double-digit adviser gains seen last week.
Adviser Ratings has revealed that over 60 per cent of financial advice practices are enjoying profit margins above 20 per cent, heralding a new era of salary growth, stability and innovation for the profession.
ASIC kicked off the year with its first licence cancellation and a contempt of court application as it states it is seeking to send a “clear compliance and deterrence message” to its regulated entities.
