Former AMP advice exec steps back as FSCP panel cuts to 24

FSCP ASIC amp

Nick Hilton, newly appointed as executive general manager for advice delivery at Entireti following the AMP acquisition, is among seven individuals stepping back from the FSCP as the panel is cut down to 24 members.

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Employee development at the fore as competition heats up

employment merger and acquisition staff wealth management

As firms jostle to retain their top talent in a competitive jobs market, recruiters observe discussions around professional development and growth have become increasingly prominent alongside remuneration.

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Management fees pivotal for ETF investors

ETFs exchange traded funds management fees

A new Computershare survey reveals management fees are a key priority for ETF investors, alongside the growing performance expectations.

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Bennelong to welcome 2 board members

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Bennelong Funds Management has announced new additions to its board following the retirement of chair Lincoln McMahon at the end of this year.

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Former Pendal CEO joins DNR Capital board

DNR Capital pendal Perpetual

Former Pendal chief executive Emilio Gonzalez will be joining the board of boutique fund manager DNR Capital in February 2025.

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Settlement reached in Caddick auditor class action

Melissa Caddick SMSF federal court

A group of 31 victims of Melissa Caddick have agreed to an in-principle settlement with the auditors engaged to conduct annual audits of their SMSFs.

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‘How, not if’ for AI usage by fund managers

mercer artificial intelligence

It is a question of “how” rather than “if” asset managers will integrate artificial intelligence, according to Mercer, with 90 per cent of managers already using it or planning to use it in their investment process.

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All-female investment team to helm new fund

female investors gender diversity australian equities global equities

A dozen high-profile female portfolio managers have joined forces on a new equities fund which will invest in companies that deliver solid financial returns and progress gender equality in Australia.

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Verdict reached on Platinum/Regal acquisition

Platinum regal Regal Partners Limited acquisition

Platinum Asset Management and Regal Partners have reached an agreement regarding whether to proceed with an acquisition following a period of due diligence, as Platinum outflows double to $841 million in November.

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ASIC exam sees highest pass mark in 2 years

ASIC adviser exam exam professional year

Candidates waiting until they feel confident to sit the exam has helped the pass mark for the financial advice exam reach the highest since ASIC took over its administration.

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MARKET INSIGHTS

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

1 month 2 weeks ago

This verdict highlights something deeply wrong and rotten at the heart of the FSCP. We are witnessing a heavy-handed, op...

1 month 3 weeks ago

Interesting. Would be good to know the details of the StrategyOne deal....

1 month 3 weeks ago

SuperRatings has shared the median estimated return for balanced superannuation funds for the calendar year 2024, finding the year achieved “strong and consistent positiv...

1 week 2 days ago

Six of the seven listed financial advice licensees have reported positive share price growth in 2024, with AMP and Insignia successfully reversing earlier losses. ...

4 weeks 1 day ago

Original bidder Bain Capital, which saw its first offer rejected in December, has returned with a revised bid for Insignia Financial....

2 days 19 hours ago