Powered by MOMENTUM MEDIA
moneymanagement logo
 

FAAA, SIAA urge further review of advice documentation

Sarah-Abood/siaa/SOAs/financial-advice/advice-documentation/

Despite the government agreeing to replace SOAs with CARs, the FAAA and SIAA believe greater streamlining of documentation is needed for the change to have a positive impact on advisers.

Read more about:

AUTHOR

Sequoia appoints licensee head from AMP

Sequoia-financial-group/Sequoia/amp/appointment/

Former national business growth manager at AMP Advice has taken a new role at Sequoia Financial Group.

Read more about:

AUTHOR

Has ESG label become too overloaded among investors?

ESG/responsible-investing/responsible-investment/nanuk-asset-management/nanuk/

With the ESG label often causing confusion among investors, Nanuk Asset Management has encouraged financial advisers to use more plain, specific language with their clients.

Read more about:

AUTHOR

GBST evolves tech platform to meet changing adviser needs

GBST/technology/platform/financial-advice/

Advice technology firm GBST has upgraded its WealthConnect platform to meet the evolving needs of advisers.

AUTHOR

US credit manager targets Australia with wholesale fund launch

Channel-Capital/fund-launch/credit/

US alternative credit manager Apollo Global Management is viewing Australia as a “priority market”, as it launches a fund for Australian wholesale investors with Channel Capital.

Read more about:

AUTHOR

Pinnacle unveils Women in Asset Management Scholarship Program

Pinnacle/Pinnacle-Investment-Management/gender-equality/gender-diversity/

The investment manager has launched a new scholarship and career development program to promote women entering the asset management industry.

Read more about:

AUTHOR

The crucial considerations when switching clients into alternatives

fixed-income/private-credit/Mercer-Investments/asset-allocation/

Two commentators have shared why the inclusion of alternatives in a diversified portfolio shouldn’t be a simple switch with a traditional asset and will depend heavily on clients’ objectives.

Read more about:

AUTHOR

Morgans CEO to step down

Morgans/ceo/financial-advice/

Morgans chief executive, John Clifford, has announced he will step down from the wealth management group after eight years leading the business.

Read more about:

AUTHOR

Magellan suffers $1bn in outflows, launches new fund

Magellan/funds-under-management/fund-launch/

Magellan Financial Group experienced $1 billion in net outflows during April but managed to offset this and report a rise in FUM, having also announced its fourth fund from its partnership with Vinva.

Read more about:

AUTHOR

First Sentier appoints financial, strategy chief

First-Sentier-Investors/first-sentier/appointment/

First Sentier Investors has hired its incoming chief financial and strategy officer to drive growth, having also confirmed its entry into the Australian ETF market last month.

Read more about:

AUTHOR

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

Significant ethical issues there. If a relationship is in the process of breaking down then both parties are likely to b...

1 week 4 days ago

It's not licensees not putting them on, it's small businesses (that are licensed) that cannot afford to put them on. The...

2 weeks 4 days ago

So we are now underwriting criminal scams?...

6 months 3 weeks ago

After last month’s surprise hold, the Reserve Bank of Australia has announced its latest interest rate decision....

1 week 6 days ago

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 th...

3 weeks 5 days ago

WT Financial’s Keith Cullen is eager for its Hubco initiative to see advice firms under its licence trade at multiples which are catching up to those UK and US financial ...

2 weeks 3 days ago