FSCP makes latest decision over super advice error
Advice around a client’s concessional contribution cap was the reason for the latest written direction by the Financial Services and Credit Panel.
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Professional development a ‘core focus’ for wealth managers
Wealth management leaders are being encouraged to maximise the value of new and existing talent through continuous upskilling, as one-quarter of Australian employees seek greater professional development.
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.
Sequoia gains major shareholder seeking to benefit from M&A
Sequoia has gained a new shareholder after the Australian Wealth Advisors Group took a substantial stake, stating it sees the advice licensee’s shares trading at a deep discount after corporate activity last year .
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.
Platform launches aiming to democratise retail private market investment
Investment fund infrastructure provider FundBase Group is set to launch a new platform for Australian retail investors looking to enter the private markets universe.
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.
Selfwealth/Bell deal in doubt as third bidder emerges
Selfwealth has received a third non-binding indicative offer from a new bidder which it says represents a “superior proposal” to its existing scheme implementation bid with Bell Financial Group.
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.
Fidante adds Melbourne long-short manager as affiliate
Fidante has expanded its affiliate manager range with a strategic partnership with global long-short manager System Capital.
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.
Fund houses double down on naming amid greenwashing fears
Over 250 sustainable funds globally changed their names or dropped key ESG terms during 2024 amid regulatory greenwashing fears, according to Morningstar data.
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.
Schroders appoints Firetrail’s Doyle for investment director role
Anthony Doyle, who departed Firetrail Investments last month, has joined Schroders as its investment director for global equities.
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.
Former Perth adviser pleads guilty to $1m theft
A former Perth financial adviser has pleaded guilty in court to stealing $1 million from his clients for his own benefit.
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.
UGC to blame for 'eyewatering' CSLR cost increase
Contrary to expectations that Dixon Advisory would form the bulk of CSLR compensation, around three-quarters of the sum for FY26 relates to United Global Capital.
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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