RBA makes pre-election rate call

RBA/central-banks/interest-rates/monetary-policy/

The Reserve Bank of Australia has delivered its first rate decision since the introduction of a new board structure last month.

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Diversify to defend wealth amidst rising volatility

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Corporate regulator gets down to business in 1Q25

ASIC/FSCP/adviser-ban/court/

ASIC was active in the first quarter of 2025 with several financial adviser bannings and court action, while the FSCP also handed down outcomes to advisers.

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Merchant director’s 35-year history in Australian advice

WT-Financial/M&A/Shadforth/

With a joint venture announced between WT Financial and Merchant Wealth Partners, the firm may have a US background, but partner David Haintz has a long history with Australian financial advice.

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Anthony Doyle bounces back to Pinnacle

firetrail/Pinnacle/appointments/Schroders/hires/

Investment strategist Anthony Doyle has returned to Pinnacle in a senior role, less than two months after leaving to join Schroders as an investment director.

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AMP grows North’s managed account menu

amp/amp-north/BetaShares/

AMP North has added three new managers to its range of managed accounts for financial advisers and also extended its existing partnership with Betashares.

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Westpac forecasts $40m pa savings from Asgard migration

westpac/BT/BT-Panorama/

The big four bank is set to see $40 million per annum in cost savings as it continues to migrate customers from its Asgard wealth platform to BT Panorama by FY26.

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The biggest fund manager moves of 1Q25

funds-management/asset-management/appointments/

With Q1 of the 2025 calendar year coming to a close, the Australian funds management industry has seen a range of major appointments and departures.

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Pella Funds offers direct access to NZ investors

New-Zealand/funds-management/boutique/

Boutique fund manager and responsible investment specialist Pella Funds Management has expanded its offering by allowing direct access to investors in New Zealand for the first time.

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Private markets a ‘critical factor’ to wealth managers’ success

Natixis-Investment-Managers/private-markets/evergreen/wealth-management/

Nearly half of wealth managers across the globe say offering access to private market funds is integral to their growth plans, Natixis Investment Managers has uncovered.

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