Financial M&A buyers decline after FY24 spike

M&A/HLB-Mann-Judd/acquisition/private-equity/

When it comes to M&A activity, the share of financial buyers such as private equity firms in Australia fell from 67 per cent to 12 per cent in the last financial year.

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Kaplan unveils aspiring adviser training initiative

Kaplan/education/exam/

Kaplan Professional has launched a new Financial Adviser Accelerator Suite to prepare new entrants and early-career advisers for the profession.

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Real assets gain traction as investors safeguard against recession risks

real-assets/infrastructure/diversification/Alternatives/

Infrastructure assets are well-positioned to hedge against global uncertainty and can enhance the diversification of traditional portfolios with their evergreen characteristics, an investment chief believes.

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HUB24 looks to Vanguard for newly created exec role

HUB24/platforms/appointments/vanguard/

HUB24 has appointed Matt Willis from Vanguard as an executive general manager of platform growth to strengthen the platform’s relationships with industry stakeholders.

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Will ASIC’s disciplinary actions exceed the 2019 peak?

Wealth-Data/ASIC-ban/banning/financial-advice/

The 2025 calendar year has already seen 18 advisers banned or disqualified by ASIC, and if this trend continues, the count could exceed the royal commission era record of 33.

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Mulino prioritises second DBFO additions

FSC/treasury/quality-of-advice-review/Parliament/legislation/

Assistant Treasurer, Daniel Mulino, is keen to progress the second tranche of DBFO reforms, acknowledging it is hard for advisers to get the full picture of the legislation without both parts.

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Industry first as PY supervisor banned by ASIC

ASIC/professional-year/education/

A professional year supervisor has been banned for five years after advice provided by his provisional relevant provider was deemed to be inappropriate, the first time this is believed to have occurred.

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Pinnacle backs launch of private markets managed account model

Pinnacle-Investment-Management/managed-accounts/platforms/private-markets/

Pinnacle Investment Management has made a strategic investment in private capital investment firm FinCap to support a new managed accounts platform.

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Aussie investors seeking hedged ETF exposure amid US volatility

ETFs/blackrock/ishares/

Volatility in US markets means currency is becoming a critical decision factor in Australian investors’ ETF selection this year.

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