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Sequoia Financial Group has announced it is selling off its Informed Investor subsidiary which it acquired in April 2022....

Financial planning • 20 September 2024

While hiring new staff in a financial advice practice inevitably incurs expenses, Striver’s Alisdair Barr says the greater business cost can come from losing the skills o...

Financial planning • 20 September 2024

The acquisition of Informed Investor from Sequoia by Powerhouse Ventures is the first step in the firm’s new strategic process to enter into the financial advisory and fu...

Funds management • 20 September 2024

Providence Wealth Advisory Group has appointed a new chief investment officer, a dedicated position after the role was previously held by its CEO....

Financial planning • 20 September 2024

Challenger director Matthew Michelini has stepped down from the board with immediate effect in light of Apollo reducing its stake in the business....

Funds management • 20 September 2024

A former AMP adviser told the Federal Court how they are scared to turn off their phone after a fellow adviser attempted suicide as Justice McElwaine said the 92 objectio...

Financial planning • 20 September 2024

As two global fund managers promote their chief financial officers to the top CEO role, what different skill sets do the two roles require and are these transferable?...

Funds management • 23 September 2024

Global X ETFs Australia has appointed a new chief executive to replace Evan Metcalf, who will depart the ETF provider next month....

Funds management • 23 September 2024

It is understood that Regal Partners is not the only asset manager taking an interest in a bid for Platinum Asset Management with multiple firms expected to emerge....

Funds management • 23 September 2024

The rising costs of operating a financial advice practice has been ranked as the number one challenge for advisers today, outpacing administrative and compliance burdens....

Financial planning • 23 September 2024

Financial advisers are in the running to win one of the coveted Women in Finance Awards 2024....

Financial planning • 23 September 2024

The final terms of reference for the Dixon Advisory inquiry have been released by the Senate economics references committee, and advisers have just over five weeks to mak...

Financial planning • 23 September 2024

Commentators have discussed how value for money is becoming more critical than ever as licensee fees rise and failure by an AFSL to provide this is driving them to self-l...

Financial planning • 23 September 2024

E&P Financial Group, former parent of Dixon Advisory, has formally requested to delist from the ASX, with the company noting the negative impact of regulatory proceedings...

Financial planning • 24 September 2024

State Street forecasts the strong retail demand for ETFs in Australia will continue to expand and the next step will be the launch of ETF savings plans and models....

Funds management • 24 September 2024

The cost savings of advisers opting for ETFs and index funds for their clients have been calculated by Vanguard, with estimates that Australian investors have collectivel...

Funds management • 24 September 2024

Magellan Financial Group has appointed a new co-manager on two of its global equity funds, including the flagship $8.3 billion Global Fund....

Funds management • 24 September 2024

TWC Investment Management has commenced operations, initially offering three funds to wholesale investors and is led by a former Credit Suisse managing director....

Funds management • 24 September 2024

A judge has dismissed an appeal by former Linchpin Capital Group director Peter Daly against a $150,000 penalty for breaching his duties as a director....

Financial planning • 24 September 2024

The FAAA’s Phil Anderson has said the delisting of E&P Financial Group won’t stop the company coming under scrutiny in the public inquiry....

Financial planning • 24 September 2024
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MARKET INSIGHTS

So we are now underwriting criminal scams?...

2 months 3 weeks ago

Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...

3 months ago

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

5 months ago

ASIC has suspended the Australian Financial Services Licence of a Melbourne-based financial advice firm....

2 weeks 4 days ago

The corporate regulator has issued infringement notices to three AFSLs whose financial advisers provided personal advice to a retail client while unregistered....

3 weeks 2 days ago

ASIC has released the results of its first adviser exam to be held in 2025, with 241 candidates attempting the test....

4 weeks ago