What do PY candidates think of ASIC’s proposed exam changes?

exam/financial-advice/professional-year/

Two Professional Year candidates have shared their thoughts with Money Management on ASIC’s proposed changes to the financial advice exam and what it will mean for their education path.

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Which asset manager has returned 143% over five years?

Pinnacle/Pinnacle-Investment-Management/fund-managers/inflows/

A leading Australian investment manager has returned 143 per cent over the last five years with potential for further upside from increased distribution as investor appetite returns.

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Global fund managers in Christmas spirit with sentiment spike

Bank-of-America/fund-managers/sentiment/

The final Bank of America Global Fund Manager Survey of the year has found respondents are bullish going into 2024, with sentiment the most upbeat it has been for two years.

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Aussies call for redefining retirement for a longer lifespan

MetLife/retirement/financial-advice/

Over half of Australians hope to live to 100 years, according to MetLife, and 90 per cent believe retirement should be redefined to account for a longer lifespan.

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The biggest risks to investment portfolios in 2024

Natixis-Investment-Managers/China/

According to Natixis Investment Managers, five key threats will continue weighing on Australian investors’ minds and their portfolios in the new year as inflationary pressures tops the list.

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Eight ‘outrageous predictions’ from Saxo for 2024

Saxo/Saxo-Capital-Market/

Saxo has shared its 2024 Outrageous Predictions focusing on the US presidential election and the potential impact of artificial intelligence.

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Happy New Year from Money Management

ASIC/Superannuation/

Money Management would like to wish all our readers a Happy New Year and looks forward to bringing you all the latest news in 2024.

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Qld adviser’s promise of 8% returns leads to permanent ban

financial-advice/financial-advisers/ASIC/queensland/

A Gold Coast financial adviser who guaranteed his clients annual 8 per cent returns has been permanently banned from providing any financial services.

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Super funds report ‘tremendous’ November performance

Superannuation/Chant-West/investment-performance/

Strong sharemarkets have propelled positive superannuation fund performance across all risk categories in November and could mean this year’s annual returns offset 2022 losses, according to Chant West.

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The winners and losers in funds management in 2023

Platinum-Asset-Management/Clime-Investment-Management/Magellan/Perpetual/fund-managers/

Platinum Asset Management and Clime Investment Management have both seen steep downturns in their share prices this year, while Magellan is set to end a difficult year in positive territory.

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