The Australian Financial Complaints Authority has shared how much its member fees will rise in the next financial year.
Wealth managers have said they are experiencing difficulties in aligning their company’s in-house views with the ever-increasing needs of clients, according to MSCI.
The financial advice industry is experiencing a “champagne problem” regarding pricing, with advice firms seeing no need to cut their prices to remain competitive.
Outflows from Platinum Asset Management jumped from $160 million to $358 million in February as the firm announced its co-chief investment officers will step back from their roles.
ETF assets experienced a rare fall in February, with the sector losing more than $2 billion during the month, according to Betashares.
Marking a decade offering managed accounts in Australia, BlackRock has elaborated on the changes it has seen in their usage by financial advisers, with net client flows rising from 4 per cent to 25 per cent.
Lonsec Research and Ratings has been announced as research partner for the annual Fund Manager of the Year Awards.
AZ NGA’s CEO has unpacked how its recent $345 million debt facility from Barings will accelerate its advice network’s growth ambitions, and allow its largest firms to access a greater source of funding.
As the number of high-net-worth individuals in Australia passes 42,000, Knight Frank has delved into the luxury goods they are purchasing and whether they are outpacing financial markets.
Research by Colonial First State has found women are reluctant to make retirement preparations, despite 62 per cent saying they feel that they are unable to achieve a comfortable retirement.
