Commotion at the association

AFA/FPA/Outsider/

When it comes to a business merger, achieving the voting approval can be just the first step.

AUTHOR

An extra 26 days for golf

Outsider/Invest-Blue/

Outsider is hopeful of the news from advice firm Invest Blue that it is trialling a move to a nine-day fortnight for its staff.

AUTHOR

Advice firms keen to embrace technology

Adviser-Ratings/digital-advice/technology/XPLAN/

There is a “strong intent” by advice firms to increase their use of technology and integrate it into their business, according to Adviser Ratings.

AUTHOR

Three-quarters of AFCA advice complaints relating to Dixon Advisory

The Australian Financial Complaints Authority received over 1,700 complaints last year related to the collapse of Dixon Advisory, representing three-quarters of total investment and advice complaints.

AUTHOR

Aviva creates climate policy head role

Aviva-Investors/responsible-investment/ESG/

Aviva Investors has appointed Nick Molho in a newly-created role of head of climate policy.

AUTHOR

The distribution challenge for fund managers

Calastone/distribution/

Fund managers can no longer shy away from the distribution challenge, according to Calastone, and should develop a way to target consumers without the need for an adviser.

AUTHOR

Australian UHNWIs more optimistic than global peers

Property/ultra-high-net-worth/Australian-HNWI/

Almost two-thirds of Australian ultra high-net worth individuals are expecting their wealth to rise this year despite rising inflation and interest rates, significantly higher than the global average.

AUTHOR

Qld adviser banned for three years

ASIC/financial-advice/banning/

ASIC has banned a Queensland adviser for three years for adopting a ‘layered advice’ strategy with clients.

AUTHOR

Aussie equity ETF demand spurs Feb growth

ESG/BetaShares/Aussie-equities/equities/

The Australian ETF industry’s FUM increased by $1.3 billion in February with investors opting for ETFs focused on domestic equities.

AUTHOR

2023 to be year of marked ESG shift: RIAA

ESG/simon-o'connor/RIAA/

ESG investing will swing from a “nice to have” to a must-have this year as the Government pursues a regulatory approach, the association said.

AUTHOR

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

So we are now underwriting criminal scams?...

3 months ago

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

3 months ago

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

5 months ago

ASIC has suspended the Australian Financial Services Licence of a Melbourne-based financial advice firm....

2 weeks 5 days ago

The corporate regulator has issued infringement notices to three AFSLs whose financial advisers provided personal advice to a retail client while unregistered....

3 weeks 3 days ago

ASIC has released the results of its first adviser exam to be held in 2025, with 241 candidates attempting the test....

4 weeks 1 day ago