How this advice business has flourished for 50 years

financial-advisers/financial-advice/SMSF-advice/succession-plans/

Reflecting on GFM Wealth Advisory’s gold anniversary this year, managing partner Paul Nicol shares his insights on what it takes to be a trusted business serving clients since the 1970s.

Read more about:

AUTHOR

ASIC inquiry dispute continues as Labor appears in Senate

senate/Senate-Economic-References-Committee/andrew-bragg/ASIC/inquiry/

The war of words regarding ASIC’s provision of evidence to a Senate inquiry has continued as Labor senator Katy Gallagher appears in the Senate to provide an explanation of ASIC’s action.

Read more about:

AUTHOR

ASIC reveals H1 advice enforcement stats

ASIC/misconduct/financial-advice/

ASIC has revealed the number of its enforcement outcomes which related to financial advice misconduct in the first half of 2023.

Read more about:

AUTHOR

Former Ignition CEO takes up chair role

Ignition-Advice/chair/

Craig Keary has been appointed chair at a leading digital platform, tasked with overseeing a Series A capital raising program and the opening of its operations in South Africa.

Read more about:

AUTHOR

CFS outlines how adviser feedback helped its Edge development

CFS/bryce-quirk/platforms/Kelly-Power/

Keeping great service, integrating with advisers’ existing processes and making it easy to work with are the three guiding principles for CFS in the development of its Edge platform.

Read more about:

AUTHOR

Lowe makes penultimate RBA rate call

Reserve-Bank-of-Australia/RBA/interest-rates/inflation/

RBA governor Phil Lowe has made his latest monetary policy decision as he counts down to his departure in mid-September.

Read more about:

AUTHOR

Insurer reveals future of the PI industry

professional-indemnity-insurance/PI-insurance/insurance/financial-advice/APRA/

A partner at an insurance firm has shared his thoughts on the outlook for PI insurance as APRA reveals advisers’ premiums have risen more than 40 per cent since 2015.

Read more about:

AUTHOR

Former investment manager charged over fraudulent documentation

Funds-management/ASIC/

Following an ASIC investigation, investment manager Brett Trevillian has been charged for forging portfolio performance verification reports that were provided to potential investors.

Read more about:

AUTHOR

Insignia CEO shifts focus to advice for super members

insignia-financial/renato-mota/licensees/

Insignia CEO Renato Mota has told Money Management why the firm’s new partnership model will free up the firm’s time to work with super fund members.

Read more about:

AUTHOR

Almost 5k advice and investments complaints to AFCA in FY22–23

CSLR/AFCA/complaints/Dixon-Advisory/

Investment and advice complaints have seen a 51 per cent increase in the last financial year, largely attributed to complaints against Dixon Advisory and Best Leader Markets.

Read more about:

AUTHOR

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

The succession dilemma is more than just a matter of commitments.This isn’t simply about younger vs. older advisers. It’...

1 month 2 weeks ago

Significant ethical issues there. If a relationship is in the process of breaking down then both parties are likely to b...

2 months 1 week ago

It's not licensees not putting them on, it's small businesses (that are licensed) that cannot afford to put them on. The...

2 months 2 weeks ago

ASIC has canceled the AFSL of Sydney-based asset consultant and research firm....

2 weeks 4 days ago

The Reserve Bank of Australia has announced its latest interest rate decision following this week's monetary policy meeting....

3 weeks 6 days ago

ASIC has banned a Melbourne-based financial adviser for eight years over false and misleading statements regarding clients’ superannuation investments....

6 days 2 hours ago
moneymanagement logo