FAAA calls for CSLR cost review after FOI revelations

financial-advice/CSLR/Sarah-Abood/

| By Jasmine Siljic |

The FAAA has secured CSLR-related documents under the FOI process, after an extended four-month wait, which show little analysis was done on how the scheme’s cost would affect financial advisers.

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financial advice

CSLR

Sarah Abood

AUTHOR

Jasmine Siljic

Jasmine Siljic is a journalist at Money Management. Prior to joining MM, she also worked across other Momentum Media brands as an intern and cadet journalist. She recently completed a Bachelor of Media and Communications at Macquarie University.

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Aussie distributors to benefit as overseas managers assess cost

Pinnacle-Investment-Management/Bennelong/bennelong-funds-management/distribution/funds-management/australia/

| By Laura Dew |

Funds management

A leading consultancy believes asset managers will be reluctant to expand overseas in 2025 as high distribution costs blow out potential benefits, but this is providing tailwinds for Australian third-party distributors.

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Pinnacle Investment Management

Bennelong

bennelong funds management

distribution

funds management

australia

AUTHOR

Laura Dew

Laura Dew is editor at Money Management. Prior to joining MM, she spent five years working at Investment Week in the UK, covering asset and wealth management.

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Alternatives equal key to success for HNW advisers

praemium/Alternatives/HNW/high-net-worth/

| By Jasmine Siljic |

Financial planning

Nearly seven in 10 HNW-focused advisers view alternatives as the asset class that will be fundamental to meeting client demands in the future, according to Praemium.

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AUTHOR

Jasmine Siljic

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Major ETF providers see 100% inflow growth

ETFs/BetaShares/vanguard/Global-X-ETFs/VanEck/ishares/

| By Laura Dew |

Funds management

Three of the largest ETF providers reported net inflow increases of more than 100 per cent during 2024, as Betashares admits it “underestimated” the scale of annual inflows the industry would see.

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AUTHOR

Laura Dew

Laura Dew is editor at Money Management. Prior to joining MM, she spent five years working at Investment Week in the UK, covering asset and wealth management.

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Bennelong welcomes first RE client

Bennelong/bennelong-funds-management/responsible-entity/funds-management/

| By Laura Dew |

Funds management

Bennelong Funds Management has announced its first responsible entity service client, having flagged it as a 2025 priority for the firm.

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Bennelong

bennelong funds management

responsible entity

funds management

AUTHOR

Laura Dew

Laura Dew is editor at Money Management. Prior to joining MM, she spent five years working at Investment Week in the UK, covering asset and wealth management.

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Integro Private Wealth bolsters advice team

financial-advice/Perth/appointment/

| By Shy-Ann Arkinstall |

Financial planning

The Perth-based advice practice has welcomed a private wealth adviser and senior paraplanner to its ranks amid its strategic shift towards wealth transfer strategies.

AUTHOR

Shy-Ann Arkinstall

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SG Hiscock hires researchers and consultants head

SG-Hiscock/appointments/hires/

| By Jasmine Siljic |

Funds management

The fund manager has appointed American Century’s former Australian head of wholesale to its distribution team in the head of researchers and consultants position.

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SG Hiscock

appointments

hires

AUTHOR

Jasmine Siljic

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Magellan names interim CFO amid search process

Magellan/Magellan-Financial-Group/hires/appointments/CFO/

| By Jasmine Siljic |

Funds management

As Magellan Financial Group continues its search for a permanent chief financial officer, it has looked internally for an interim replacement.

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Magellan

Magellan Financial Group

hires

appointments

CFO

AUTHOR

Jasmine Siljic

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AFCA enacts 93% rise in member expulsions

AFCA/Dixon-Advisory/Dixon/

| By Laura Dew |

Financial planning

The number of members expelled from the Australian Financial Complaints Authority almost doubled between 2023 and 2024, according to internal data.

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AFCA

Dixon Advisory

Dixon

AUTHOR

Laura Dew

Laura Dew is editor at Money Management. Prior to joining MM, she spent five years working at Investment Week in the UK, covering asset and wealth management.

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Perth advice firm merges with global insurer

M&A/financial-advice/wealth-management/Perth/Western-Australia/

| By Laura Dew |

Financial planning

Perth financial advice firm Wealth Management Partners has merged with global financial services firm Gallagher.

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AUTHOR

Laura Dew

Laura Dew is editor at Money Management. Prior to joining MM, she spent five years working at Investment Week in the UK, covering asset and wealth management.

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FAAA calls for CSLR cost review after FOI revelations

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Jasmine Siljic

Jasmine 's social profiles:

Aussie distributors to benefit as overseas managers assess cost

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Laura Dew

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Alternatives equal key to success for HNW advisers

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Major ETF providers see 100% inflow growth

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Bennelong welcomes first RE client

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Integro Private Wealth bolsters advice team

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SG Hiscock hires researchers and consultants head

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Magellan names interim CFO amid search process

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AFCA enacts 93% rise in member expulsions

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Perth advice firm merges with global insurer

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