Aussies lacking insight into future use of inheritance

inheritance/estate-planning/succession-plans/financial-advice/Capital-Group/

There is a gap in the market for Australian advisers to help individuals with succession planning as the country has been noted by Capital Group for being overly “hands off” around inheritances.

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Coller Capital unveils education platform on secondaries market

private-markets/Alternatives/

Private market secondaries manager Coller Capital has unveiled a new education platform to improve advisers’ and investors’ understanding of secondaries.

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ASIC cancels AFSL and permanently bans its responsible manager

ASIC/AFSL/ASIC-cancellation/

ASIC has cancelled the AFSL of an advice firm associated with Shield and First Guardian collapses, and permanently banned its responsible manager.

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Back-to-back adviser losses reported in June

Wealth-Data/financial-advisers/financial-advice/Colin-Williams/EOFY/

In the run-up to heavy losses expected at the end of the financial year, June has already reported consecutive weeks of adviser losses.

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Platinum merger candidate opposes LIC conversion

Platinum/L1-Capital/ETFs/LICs/

L1 Capital, which is in talks to merge with Platinum Asset Management, has indicated it opposes a deal to convert a Platinum LIC into an ETF.

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Evidentia Group appoints quant head from AMP

managed-accounts/hires/appointments/

Evidentia Group has hired a head of quantitative investments who joins the investment firm and managed account provider from AMP.

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Bentham appoints 2 to distribution team

Bentham/bentham-asset-management/fixed-income/distribution/hires/

Bentham Asset Management has become the latest fund manager to expand its distribution team as it reports increased interest in its credit strategies.

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Relative Return Insider: Public-private discussions and the future of markets

Podcast/Relative-Return/

In this week’s episode of Relative Return Insider, hosts Maja Garaca Djurdjevic and Keith Ford discuss a busy we

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Former NSW adviser banned over cryptocurrency scam investment

ASIC/crypto/scams/banning/cryptocurrency/

ASIC has banned a former NSW adviser from providing advice for 10 years for investing at least $14.8 million into a cryptocurrency-based scam.

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ASIC cracks down on finfluencers over unauthorised financial advice

ASIC/finfluencer/enforcement/compliance/

ASIC has sent warning notices to social media finfluencers who it suspects are providing unlicensed financial advice to Australians as part of a global crackdown by international regulators.

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MARKET INSIGHTS

The succession dilemma is more than just a matter of commitments.This isn’t simply about younger vs. older advisers. It’...

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

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