ETF market bounces back after a two-month decline

ETFs/BetaShares/fund-launch/active-ETF/

Conversions from unlisted to active ETFs have accounted for half of the monthly ETF growth in November, driving an AUM of nearly $170 billion and marking a departure from previous monthly declines.

AUTHOR

SMSF Association welcomes new board member

AICD/SMSFs/smsf-association/boards/

Christine Franks has been appointed to the SMSF Association’s board as its governance expert in replacement of a former board member.

AUTHOR

Financial advisers strengthen ties with accountants

financial-advisers/accountants/Radar-Results/merger/M&A/

With a move towards servicing high-net-worth investors who are seeking a professional network, accountants and financial planners are working closer than ever before and presenting possible merger opportunities.

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Link adds to board as focus turns to RSS division

Link-Group/boards/OneVue/

Former OneVue chair, Gail Pemberton, has been appointed to the group of Link Group as the firm turns its focus to its Retirement and Superannuation Solutions division.

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Scaled advice model leads to second FSCP prohibition order

FSCP/ASIC/adviser-ban/SMSFs/

The FSCP has issued a registration prohibition order against a financial adviser until 2025 for misleading a client through a scaled advice model that excluded an SMSF investment, its second in a week.

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Rising retiree debt underscores the need for financial advice

retirement/household-debt/amp/mortgage/

One in nine Australians aged over 50 expect to have $250,000 in unpaid debt in retirement – debt worries are leading to concerns about their ability to achieve their desired retirement lifestyle.

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Digital remains pivotal to funds’ advice offering

digital-advice/GBST/quality-of-advice-review/fintech/

Digitised financial advice solutions will continue enabling the mass-scale provision of advice from supe

AUTHOR

Wholesale investor eligibility spikes by 700%

AFCA/complaints/wholesale-investing/managed-investment-scheme/

The number of people eligible for the wholesale investor test has risen by more than 700 per cent since its introduction, and advisers need to ensure they are making their clients aware of the risks in losing consumer protections.

AUTHOR

JPMAM ‘democratises’ alternatives with platform partnership

JPMAM/fintech/JP-Morgan/

JPMAM has partnered with financial technology platform iCapital to give Australian wholesale investors access to its alternative investments suite, while also launching two active ETFs.

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Centrepoint Alliance expands board with two appointments

centrepoint-alliance/Simon-Swanson/boards/

Centrepoint Alliance has appointed two non-executive directors, including one from COG Financial Services which took a 20 per cent stake in the business last month.

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