Over 200 advisers left Insignia in the three months to 31 December with the largest decline seen in the self-employed division, while its new advice operating model is expected to be launched in July.
Iress remains steadfast to deliver on its promise of being an incumbent in the financial software market, which will include offering AI toolkits to advisers.
The Financial Advice Association Australia has thrown its support behind the use of Digital ID in the financial advice profession to replace challenging and time-consuming client identification exercises.
There needs to be a “mindset change” around breach reporting by licensees and advisers as, rather than be pleased, ASIC will more likely be suspicious if a firm has no breaches, according to a compliance expert.
The corporate regulator has confirmed it will incorporate legislative amendments to the financial adviser exam, with the March exam set to reflect the changes.
JANA has been chosen as the investment adviser for a national financial advice firm, its second appointment this month.
Multiboutique asset manager Warakirri Asset Management has appointed a head of sustainability, a newly created role for the business.
Australia’s sovereign wealth fund has exceeded its long-term investment return target for 2023 despite inflationary pressures as it reaches a record value of $211.9 billion.
ASIC has cancelled the AFSL of a Sydney-based financial advice firm, its first licence cancellation of the new year.
Hyper-personalisation is among changes that wealth managers could be offering in 2024 as they embrace technology to benefit their clients.
