Former abrdn managing director Brett Jollie and F3 founder Camilla Love are among appointments to the advisory board of Melbourne recruitment firm Kaizen.
With advisers opting to leave large licensees and set up their own business, the ATO has launched a new online learning platform to help small business owners meet their superannuation and tax obligations.
The financial advisory business has made its first acquisition of the year, with one of its Victorian subsidiary firms purchasing an accounting practice.
As competition heats up between advice firms and accountancies to attract top graduates, Money Management compares the potential salaries of both professions and how they vary by state.
Total MySuper assets are approaching $1 trillion while the number of funds with more than six members has declined by 40 per cent over the last five years, according to APRA’s latest annual statistics.
In its pre-budget submission, the FAAA has expressed its concern over the “extremely disheartening” costs of the Compensation Scheme of Last Resort potentially being passed on to financial advisers.
Despite accounting for over 50 per cent of fund launches in 2023, active ETFs recorded approximately $1 billion in outflows last year, confirming investors’ preference for passive strategies.
ASIC chair Joseph Longo says the regulator is conducting a review into the use of artificial intelligence in financial advice as it explores how to prevent AI harm to consumers.
The federal government has released draft legislation making it easier for financial advisers to demonstrate they have a qualified degree and changing the transitional arrangements for tax (financial) advisers.
The regulator has provided example questions of what the next batch of candidates sitting on 26 March can expect to see, following regulatory changes to its structure.
