Count shareholders back name change as firm commits to advice

Countplus/Hugh-Humphrey/

An overwhelming 99.94 per cent of shareholder votes have been cast in favour of a successful name change to Count Limited, signalling a “dynamic new phase” for the firm.

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Insignia advisers dwindle as micro-AFSLs grow

insignia-financial/IOOF/Wealth-Data/AFSL/

The number of Insignia advisers has fallen to nearly 1,000, with the advice firm losing 72 advisers to micro-AFSLs over the years.

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GBST acquires fintech solution WealthConnect

GBST/financial-planning-software/fintech/

The financial software provider has announced its acquisition of WealthConnect, a digital advice practice management and CRM system.

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Iress unveils improved remuneration structure following shareholder criticism

iress/remuneration/Marcus-Price/fintech/

Iress has outlined how it will move to a performance-based remuneration model following feedback that its previous structure was not aligned with shareholder returns.

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Purposeful planning key to retirement confidence: Vanguard

vanguard/retirement/financial-advice/

Vanguard research has revealed that Australians who seek advice and have a clear retirement plan have the highest levels of confidence about their future.

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SIAA calls for prompt enactment of experience pathway

siaa/Stephen-Jones/experience-pathway/

The Stockbrokers and Investment Advisers Association has thrown its support behind the experience pathway, arguing its members would rather quit than study for unnecessary financial planning qualifications.

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Relative Return: Calling out the BS in ESG

ESG/managed-accounts/Podcast/Relative-Return/

In this week’s episode, Infinity Asset Management’s chief investment officer, Piers Bolger, shares his insights on BHP, Westpac, Afterpay, managed accounts and the marketing spin surrounding the ESG movement.

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Magellan Australian equity FUM falls by a quarter

Magellan/Airlie-Funds-Management/David-George/

Australian equities have fallen dramatically for the second consecutive month at Magellan, falling by 25 per cent in April.

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Where are funds going wrong under DDO?

DDOs/ASIC/managed-investment-scheme/

ASIC has outlined the most common mistakes made by funds when creating their target market determinations as well as how many products have been withdrawn from the market for design and distribution issues.

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First finfluencer sentenced for market manipulation

finfluencers/ASIC/pump-and-dump/

The first person to be convicted of a ‘pump and dump’ scheme, Gabriel Govinda, has been sentenced and fined after pleading guilty to charges of share manipulation and illegal dissemination of information.

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