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Regulatory grid seeks to reduce firms’ compliance burden

financial-services-reform/Stephen-Jones/treasury/compliance/United-Kingdom/

A new Treasury financial services regulatory initiatives grid will work with ASIC to reduce compliance burdens for financial services firms, particularly those which are small or medium-sized businesses.

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Meet the Manager: Sarah Shaw of 4D Infrastructure

infrastructure/airports/4d-infrastructure/sarah-shaw/

In the latest Meet the Manager profile, Money Management speaks with 4D Infrastructure CEO, CIO and portfolio manager Sarah Shaw.

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Enforceable undertaking rise highlights ASIC’s return to litigation era

ASIC/enforcement/Hall-and-Wilcox/

The fact there has already been two enforceable undertakings this year, including one from a former adviser, compared to just five in 2023 indicates ASIC is returning to its litigation era, according to Hall & Wilcox.

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AMP BOLR settlement approaches conclusion

amp/bolr/Alexis-George/

The case management hearing for AMP’s BOLR proceedings to approve the $100 million settlement sum has been given a rescheduled date after two cancellations.

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The allure of active ETFs for financial advisers

Dimensional/ETFs/active-ETFs/

Financial advisers’ appetite for active ETFs as a cost-effective investment solution continues to grow, according to Dimensional Fund Advisors, as advice firms look to manage costs while servicing more clients.

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International equity ETFs pass $1bn in monthly inflows

BetaShares/ETFs/cryptocurrency/international-equities/

Over $1 billion in inflows went into international equity ETFs with two funds receiving over $150 million each in February, according to Betashares.

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Consultation opens on super performance test design

Superannuation/performance-test/Jim-Chalmers/treasury/

Treasurer Jim Chalmers has opened a consultation into the design of the annual superannuation performance test, canvassing views on a range of reform options.

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Salaries taking up almost half of advice firm revenues

recruitment/Business-Health/salaries/remuneration/

Advice practices say salaries are taking up almost half of their revenue as the battle for talent heats up in an environment of adviser shortage, according to Business Health and the FAAA.

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