Perpetual has appointed Charles River Development – part of State Street – to manage the front office operations of its Australian asset management business.
Allianz Retire+ has appointed Brendon Rodda from PIMCO as chief distribution officer for wealth management.
Former chair of the House of Representatives’ Standing Economics Committee, Tim Wilson, is planning a return to politics after losing his seat in the 2022 federal election.
One year after launching their own financial advice businesses, two advisers share their reflections with Money Management including the challenge of balancing steady growth as a smaller practice.
Following a review of Perpetual Group’s multi-asset capabilities, the asset manager has decided to combi
It is becoming harder for financial advisers to build investment portfolios as Morningstar finds broad portfolio diversification has failed to add value in recent years compared to a vanilla portfolio of equities and bonds.
Australian financial advice firms are increasingly looking towards outsourcing as a tool to optimise their business, two industry professionals share, freeing advisers to focus more on client-facing duties.
ASIC has reminded advisers that their registration requirements are an ongoing obligation, having met the first deadline on 16 February, and highlighted when a registration may cease.
Global fund managers are the most bullish they have been in more than two years, the latest Bank of America manager survey has shown.
The second CSLR levy period payable by financial advisers could increase to as much as $39.4 million if AFCA processes all DASS complaints by March 2025.
