Australia has been described as one of the worst countries in the world for transparency of portfolio holdings as clients and the regulator seek more information on sustainability credentials.
According to this cyber security professional, the trusted relationships between advisers and their clients are the target for infiltration by hackers and firms need to ensure client information is safeguarded.
With more Professional Year candidates passing their financial adviser exam this week, an associate adviser has shared why graduates shouldn’t rush to become advisers and ignore the experience gained in junior roles.
The rise in interest rates is having a knock-on effect on financial advice M&A activity as buyers are finding themselves approved for financing that is up to 30% lower than last year.
IMAP’s Census of Managed Account FUM has reported over $10 billion of inflows in the last six months of 2022, recording a 9.8% rise in funds under management from the previous year.
Pengana Capital has announced board changes as non-executive director Warwick Negus takes up a role as chairman of the Bank of Queensland.
Vihari Ross, who was responsible for leading Magellan’s 30-person global research team, has moved to Antipodes as a portfolio manager.
The firm has announced a partnership with Activus Investment Advisors to establish a suite of branded managed portfolios on the Macquarie Wrap platform.
The listed financial services company has released numerous enhancements to its ClearChoice life insurance product range.
Money Management takes a closer look at the financial adviser exam and how this year’s exam results have differed from previous ones.
