Fed rescues depositors amid fears of SVB 'contagion'

banking/Federal-Reserve/US-economy/

The Federal Reserve has stepped in to guarantee deposits impacted by the second largest banking collapse in US history, which has rattled financial markets.

AUTHOR

Australian women lag behind European peers in managing their money

financial-literacy/yougov/Women-in-Business/

A survey of 18 global markets has found Australian women are more likely to seek help to manage their money than those in Germany, Great Britain, and the US.

AUTHOR

Advice firm Invest Blue to trial nine-day fortnight initiative

Invest-Blue/productivity/financial-advice/

One advice firm is trialling a unique initiative to improve employee wellbeing and productivity, costing $1.9 million annually.

AUTHOR

Ord Minnett expands advisory team

ord-minnett/financial-advisers/JBWere/

Wealth management group Ord Minnett has hired two new advisers to its expanding private wealth business.

AUTHOR

The state of financial wellbeing in Australia

financial-literacy/qoa/financial-advice/

Amid inflation, interest hikes, and changes to superannuation, financial capability remains at the forefront of conversations, though many are concerned about Australians’ ability to manage their money.

AUTHOR

Booming UK advice market leaving Aussies in the dust

digital-advice/qoa/technology/

Technology has been instrumental in the significant growth of financial advice in the UK over the last decade and a major UK player is eager to transform the local advice market.

AUTHOR

What were key ESG concerns for companies in 2022?

ESG/sustainability/Perennial/

A survey of 55 ASX-listed companies across various sectors and market cap sizes has explored their key ESG priorities in the last year.

AUTHOR

‘Industry needs to get smarter faster’: Capital Preferences

digital-advice/qoa/risk-management/

Technology and research firm Capital Preferences is launching a program in Australia with several advice firms to uncover the risk preferences of their clients and how they match with portfolios.

AUTHOR

Financial services giants fork out $5bn for advice remediation

remediation/ASIC/financial-advice/

Australians impacted by misconduct in the financial advice space have received just under $5 billion in compensation from six of the largest banking and financials services entities.

AUTHOR

CountPlus to acquire TAL financial advice licensee

Countplus/TAL/licensees/

The strategic acquisition would add over 100 advisers to its national community and bolster CountPlus’ wealth segment.

AUTHOR

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