Netwealth confirms chair successor ahead of Antonie’s exit

netwealth/chair/appointment/

Netwealth’s chair Tim Antonie is set to depart after a decade spent on the board, with the firm naming his successor who will take up the position this September.

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Schroders updates active ETF range in response to feedback

ETFs/active-ETFs/Schroders/global-equities/

Schroders has listed an active ETF version of the Global Core Fund while making fee and distribution changes to its existing Real Return Active ETF in response to investor feedback.

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Acadian launches EM fund for wholesale investors

emerging-markets/wholesale/global-equities/Acadian/

Acadian Asset Management has launched an emerging markets equity fund for wholesale investors and intends to add it to platforms in due course.

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ASIC issues fresh warning to licensees on FAR deadline

ASIC/far/financial-advice/regulation/

With more than 4,600 advisers yet to meet the qualifications standards, the corporate regulator has once again urged relevant providers to check their Financial Advisers Register status.

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Client profitability key as advisers navigate growing cost to serve

Wealth-Data/cost-of-advice/fees/profitability/

The days of financial advisers being “all things to all people” are behind us, according to this founder, as the cost to serve passes $4,000.

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ESG recruitment pace steadies amid long-term demand

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ESG professionals are reporting salaries as high as $500,000, with the ESG hiring space welcoming greater stability following a transformative period.

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Aussie advisers drive retirement confidence to 5-year high

ssga/State-Street-Global-Advisors/state-street-global-advisers/retirees/

Advised individuals are exhibiting higher optimism and confidence regarding their retirement, SSGA has found, with Australia ranking second for retirement preparedness.

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AUSIEX completes FIIG acquisition, focus on adviser expansion

AUSIEX/FIIG-Securities/M&A/technology/fixed-income/

AUSIEX has completed its acquisition of fixed income provider FIIG Holdings, aiming to increase the number of products and services it offers for advisers.

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Advice M&A in Q2 outpacing previous quarter

financial-advice/M&A/merger-and-acquisition/Pitcher-Partners/

With LGT Crestone completing its acquisition of CBA’s advice firm this week, advice deals in the second quarter of 2025 are already outpacing the previous one with one month still to go.

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Iress completes superannuation business divestment

iress/M&A/apex/

The financial services software firm has confirmed the finalised sale of its superannuation business to Apex Group as it increases focus on other key functions within the company.

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