Treasury details proposed APRA and ASIC levy figures

ASIC/APRA/levy/

Treasury has issued a consultation paper detailing the proposed levy figures for APRA and ASIC in 2023-24.

Read more about:

AUTHOR

Pinnacle founder on avoiding ‘rockstar culture’ in fund management

Pinnacle/Magellan/fund-management/

Pinnacle’s founder, Ian Macoun, has explained how he has structured the firm with its affiliate boutiques in order to avoid the negative impact of key person risk.

Read more about:

AUTHOR

Digital advice ‘market leader’ in voluntary administration

digital-advice/Financial-planning/advice-intelligence/

One of Australia’s leading providers of digital advice solutions has entered voluntary administration.

Read more about:

AUTHOR

Franklin Templeton CEO on the benefits of advice commission

Around a quarter of the population would benefit from advice via commission compared to fee-based advice, particularly younger investors, according to Franklin Templeton’s chief executive, Jenny Johnson.

AUTHOR

Ken Moelis-backed fundie bullish on credit amid debt crisis

moelis-Australia/private-credit/acquisition/

EXCLUSIVE: Two years after joining forces with Ken Moelis, a New York-based asset manager is exciting Aussie investors with opportunities in US private credit amid a major banking crisis.

Read more about:

AUTHOR

Why GQG won’t be enamored by trendy stocks

gqg/tech-stocks/stock-picking/

Reflecting on his 30-year career, GQG chairman Rajiv Jain has stressed the importance of avoiding a dogmatic approach to allocations and why technology stocks aren’t necessarily coming back into favour.

Read more about:

AUTHOR

AMP provides roadmap to ‘move the needle’ on digital advice

amp/quality-of-advice-review/digital-advice/

As industry bodies push for quicker implementation of the Quality of Advice Review, AMP has revealed how digital advice providers can lead the way forward.

Read more about:

AUTHOR

Child exploitation and crypto mining in ‘ethical’ ETFs

westpac/ETFs/ESG/ASIC/T.-Rowe-Price/cryptocurrency/

EXCLUSIVE Popular ETFs could soon come under ASIC’s radar as major ESG funds hold stocks that leading investment managers believe are far from ethical.

Read more about:

AUTHOR

abrdn wholesale director departs

abrdn/distribution/

Laura Mitchell has exited abrdn after more than 12 years, moving over to Atrium as sales manager.

Read more about:

AUTHOR

Top investment talent back new fund manager

fund-launch/fund-managers/aware-super/Pinnacle/Zurich/

Blackwattle Investments Partners, a new diversified fund manager, has commenced operations and will launch its first four investment portfolios from July 2023.

Read more about:

AUTHOR

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

So we are now underwriting criminal scams?...

5 months ago

Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...

5 months ago

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

7 months 1 week ago

Commonwealth Bank has formally dropped to zero advisers following LGT Crestone’s acquisition of its advice arm – some six years on from the Hayne royal commission. ...

4 weeks 1 day ago

The FSCP has issued a written direction to an adviser who charged clients “extraordinary fees” for inappropriate and conflicted advice, as well as encouraged them to swit...

1 week 4 days ago

ASIC has cancelled the AFSL of an advice firm associated with Shield and First Guardian collapses, and permanently banned its responsible manager. ...

3 weeks ago