Almost half of the Association of Financial Advisers’ board and leadership team have opted to leave as the organisation transitions to the Financial Advice Association of Australia.
Senior economist Diana Mousina has been promoted to the role of deputy chief economist, working alongside Shane Oliver.
SG Hiscock has announced management changes to the abrdn Australian Equity funds following the announcement of a strategic partnership between the two firms.
Vanguard has cut fees on its Australian fixed income ETF as Australian bonds post their highest quarterly return in a decade.
The RBA remains open to further rate tightening amid speculation of an end to the cycle.
Challenger has announced it will sell its Australian real estate business, CRE, to Elanor Investors Group for $42 million.
If all FPA/AFA members join, over half of the Financial Advisers Register could be members of the new FAAA and the organisation will have to work to meet the needs of the various different licensees.
With market volatility and interest rates keeping investors on their toes, equity managers say they’re keeping a close eye on how the asset class performs over the next 12 months.
Data from the latest Adviser Ratings’ Landscape Report of adviser sentiment has found there could still be thousands more exits over the next few years as a question mark hangs over the experience pathway.
The firm's emergency rescue of Credit Suisse could mark its return to wealth management in Australia.
