Blackwattle has shared details about its future fund range, with three to be launched in July, as the firm’s portfolio managers each make $1 million in personal commitments to the business.
A growing number of Australians plan to seek advice in the next 12 months, but less than 10 per cent are prepared to pay the average advice fee, according to the latest ASX Australian Investor Study.
Schroders Australia has appointed a new chief executive at the firm and a new portfolio manager for its multi-asset funds.
With chief executive, Libby Roy, stepping down from the role effective immediately, the fintech company has announced a global external executive search for her successor.
Industry experts are expectant of video statements of advice gaining in popularity as the Quality of Advice Review loosens rules on what advice documentation should look like.
Former Lonsec chief investment officer, Lukasz de Pourbaix, has joined asset manager Fidelity International.
The experience pathway could mean tens of millions of dollars in losses for education providers, according to government forecasts.
ASIC has released the pass mark for this year’s May financial adviser exam with almost three-quarters of candidates sitting for the first time.
EXCLUSIVE A lack of regulatory confirmation is making it difficult for firms to move into the digital advice space, according to abrdn, and changes under Quality of Advice Review this week won’t yet lead to real progress.
The Joint Associations Working Group has met with Minister for Financial Services, Stephen Jones, in Canberra to work together on the response to the Quality of Advice Review.
