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Taskforce warns on timely aged care planning in face of rising cost

aged-care/retirement/retirement-planning/estate-planning/

The final Aged Care Taskforce report has recommended planning for aged care costs should begin at retirement to prevent suboptimal outcomes, while wealthier individuals could find themselves footing more of their care bills in the future.

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AFCA refers systemic issue to ASIC over firm’s lack of engagement

AFCA/complaints/fees/

AFCA has identified a systemic issue in the investments and advice space, with the case needing to be referred to ASIC due to the firm’s lack of engagement or remediation.

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WAM Leaders to acquire QVE creating $2bn entity

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WAM Leaders, a listed investment company run by Wilson Asset Management, has entered into a scheme implementation agreement to merge with QV Equities with an enhanced offer.

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Why diversified managed funds deserve a place in client portfolios

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The number of advisers using managed accounts has exploded in recent years, often at the expense of dive

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Maximising client outcomes with multi-asset portfolios

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Diversified managed funds could make an ideal addition to a managed account, as the broad toolset availa

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Managed accounts approach $200bn with strong H2 gains

managed-accounts/IMAP/funds-under-management/toby-potter/

Managed accounts grew by $33 billion in the second half of 2023, double the volume that they grew in the previous six months, according to IMAP.

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The ‘mind-blowing’ client pipeline in country advice firms

Acquisitions/M&A/financial-advice/queensland/

Rather than looking at high-net-worth CBD advice firms, one Queensland practice is looking to expand nationally via acquiring regional firms with strong client pipelines.

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Philip Lowe makes first post-RBA move

RBA/Phil-Lowe/listed-investment-company/

Former RBA governor Philip Lowe has made his first board move since departing the central bank last year.

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How to attract more female clients to advice

financial-advice/financial-advisers/BT/female-advisers/

A female adviser has shared how financial advice firms can be more appealing to female clients who may feel intimidated by a male-dominated industry.

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