Significant shake-up ahead for RBA

RBA/Philip-Lowe/monetary-policy/

Already headlining as one the largest shake-ups in the Reserve Bank of Australia’s history, the central

Read more about:

AUTHOR

Will experience pathway help stem adviser exits?

Wealth-Data/experience-pathway/infocus/insignia-financial/

The extension of the experience pathway by two extra years means another 424 advisers lacking degrees could be eligible as the industry sees double-digit departures this week.

Read more about:

AUTHOR

Are emerging markets now a ‘safe haven’ for investors?

emerging-markets/inflation/Maple-Brown-Abbott/blackrock/Fidelity-International/

As developed economies continue to tackle inflationary pressures, emerging markets are rebounding over their inflation curve and into a growth period.

Read more about:

AUTHOR

Lonsec appoints executive director from Franklin Templeton

lonsec/hires/Franklin-Templeton/

Following Lonsec’s acquisition of Implemented Portfolios in 2022, the research partner has announced the newly created role of executive director adviser sales and service.

Read more about:

AUTHOR

Credit crunch concerns prompt fixed income flight

Bank-of-America/fixed-income/equities/

Investors are the most underweight to equities relative to bonds since the Global Financial Crisis as fears of a credit crunch drive up fixed income allocations.

Read more about:

AUTHOR

Iress announces management restructure and job cuts

iress/review/

Following a strategic review of its business, Iress has made changes to its senior leadership teams, launched a new innovations division and announced a 10 per cent headcount reduction.

Read more about:

AUTHOR

How can the $3m super tax proposals be improved?

Jim-Chalmers/treasury/smsf-association/FSC/

Indexing the $3 million threshold and using actual earnings to calculate tax are among suggestions from associations to the Treasury super concession consultation, described as a “tax grab” in its current form.

Read more about:

AUTHOR

Asset managers remain dovish on equities and bonds

T.-Rowe-Price/blackrock/asset-allocation/

Despite the early-year rebound in the equities market and expectations of an easing in monetary policy conditions, equities and long-term bonds remain out of favour with global asset managers.

Read more about:

AUTHOR

Less than 1% of Dixon Advisory complaints have progressed

ASIC/AFCA/complaints/Dixon-Advisory/dass/

Hundreds of consumers with Dixon Advisory complaints are still waiting for updates months later as AFCA awaits the introduction of the Compensation Scheme of Last Resort before assessing them.

Read more about:

AUTHOR

Why investing in funds in net outflows could be more cost-efficient

rainmaker/managed-funds/outflows/fund-flows/

Research from Rainmaker Information has found investors could potentially make more money by investing in managed investment products experiencing net outflows over chasing returns in popular funds.

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