Novigi acquires Iress’ super consulting and managed services business

iress/apex/

Data and technology provider Novigi has acquired Iress’ superannuation consulting and managed services business from Apex Group.

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Which share was the May favourite of advised investors?

AUSIEX/australian-equities/CBA/commonwealth-bank/banks/

Trading platform AUSIEX has shared the most bought individual ASX share by advised investors in May as well as by advised self-managed superannuation funds.

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Former BBY chief exec charged over alleged dishonest conduct

stockbroking/ASIC/court/dishonesty-charges/

The former chief executive of failed stockbroker BBY has been charged in relation to the alleged dishonest conduct of the firm.

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Financial services leading the way for AI skills demand

PwC/artificial-intelligence/Financial-Services/technology/

Australia’s financial services sector is a clear frontrunner for the integration of AI, PwC findings reveal, with these skills becoming more democratised across the broader jobs market.

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UBS wealth COO heads over to Ord Minnett

ord-minnett/UBS/chief-operating-officer/

The Australian wealth management group has looked to competitor UBS to replace its outgoing chief operating officer, who departs after 15 years in the C-suite role.

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FAAA welcomes Mulino's support on DBFO reforms

financial-advice/Sarah-Abood/Parliament/treasury/

The Financial Advice Association Australia has confirmed it has met with newly appointed Minister for Financial Services, Daniel Mulino, to discuss DBFO and the CSLR.

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Link Wealth expands into Qld with advice acquisition

mergers-and-acquisitions/M&A/financial-advice/

Link Wealth has acquired a Queensland advice firm, its first presence in the state, as it believes the state is “underserved” with financial advice.

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National advice firm revamps training program

financial-advice/Fitzpatricks/education/

Initially developed more than two decades ago, Fitzpatricks Advice Partners has “revamped and relaunched” its flagship development program.

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Advisers seek bonds and alts amid equity bearishness

equities/fixed-income/financial-advice/bear-market/US-equities/defensive/

Over 20 per cent of advisers plan to increase their allocations to private equity and credit in the next six months as they grow bearish on US and Australian equities.

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HNW investors among private equity’s ‘biggest cheerleaders’

private-equity/private-markets/Alternatives/HNW/family-offices/

High-net-worth investors and family offices are sustaining the rising demand for private equity investments, Schroders has unpacked, offering less volatility and the potential for higher returns.

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