ASIC slaps AFSL cancellation on Qld firm

ASIC/AFSL/licence-cancellation/

The corporate regulator has cancelled the AFSL of a Queensland-based financial services provider, having held the licence since mid-2016.

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Passive power: Cheapest ETF products see strongest flows

Ernst-&-Young/active-ETFs/ETFs/pricing/

While fund managers are eager to launch active ETFs to appeal to advisers, EY has found two-thirds of ETF flows are going into extremely cheap passive offerings with an expense ratio of less than 25 basis points.

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'Are we happy being lied to?': Spotlighting volatility levels

volatility/financial-advisers/Alternatives/private-markets/portfolio-construction/

Advisers need to closely scrutinise how much volatility exists in private assets during their portfolio construction and how this is demonstrated by the providers, according to commentators.

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The 3 questions to transform wealth management

wealth-management/private-equity/

Consulting firm Bain & Company has shared how it believes the wealth management industry can be transformed and three questions firms should consider.

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How advisers can navigate ESG fund closures

ESG/sustainable-investing/responsible-investing/morningstar/

As the ESG and sustainable investment market undergoes greater consolidation, three commentators explore how financial advisers can explain a fund closure or renaming to their clients.

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AMP North continues digital service transformation

amp/amp-north/North/

In response to adviser feedback, AMP’s North platform has announced further enhancements to streamline the way advisers manage and action client requests on-platform.

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New Minister for Financial Services named to succeed Jones

Stephen-Jones/anthony-albanese/treasury/FSC/Blake-Briggs/

Prime Minister Anthony Albanese has confirmed who will succeed Stephen Jones to serve as the Assistant Treasurer and Financial Services Minister.

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The key features of advice practices growing their profitability

Adviser-Ratings/financial-advice/practice-management/profitability/technology/

Those financial advice practices which are seeing the strongest profitability and revenue growth share four similar characteristics in how they run their businesses.

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Looking beyond CRE for private debt exposure

private-credit/private-markets/lgt-crestone/

Private wealth manager LGT Crestone has shared how the firm is utilising private debt strategies via a satellite approach and encouraged advisers to look beyond domestic commercial real estate.

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