Magellan reaches highest FUM in 15 months

Magellan funds under management fund launch Sophia Rahmani

Magellan has seen its funds under management surpass $39 billion to the highest volume since August 2023, helped by three fund launches in association with Vinva Investment Management.

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Super funds, insurers welcome ‘significant step’ to expand advice arena

legislation Stephen Jones quality of advice review ASFA MLC Life Insurance

The second tranche of DBFO reforms has received strong support from superannuation funds and insurers, with a new class of advisers aimed to support Australians with their retirement planning.

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Winners unveiled for ifa Excellence Awards 2024

IFA financial advice financial planners awards

Money Management’s sister title ifa has announced 36 winners for the 11th annual ifa Excellence Awards 2024 at a ceremony in Sydney.

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Relative Return Unplugged: Guillotine cuts RBA in 2

Podcast Relative Return

In this episode of Relative Return Unplugged, co-hosts Maja Garaca Djurdjevic and Keith Ford break down some of

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‘Positive direction’: Industry cautiously optimistic on DBFO Tranche 2 reforms

financial adviser treasury quality of advice review

The advice industry has broadly welcomed the legislative groundwork surrounding the latest set of financial advice reforms, although they note “the devil’s in the details”.

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Centrepoint taps into $1.1tn platform market with IconiQ launch

Centrepoint centrepoint alliance

Centrepoint Alliance has formally launched its investment and superannuation platform IconiQ, in association with technology firm FNZ, as it looks to tap into the $1.1 trillion platform market.

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ASIC identifies poor reportable situations compliance by AFSLs

ASIC enforcement compliance AFSL

ASIC has warned licensees are demonstrating an “acceptance for internal non-compliance” when it comes to the reportable situations regime as a review finds a licensee took 12 years to commence an investigation into a breach.

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Qld advice firm rolls out estate planning solution

estate planning financial advice queensland

Queensland financial advice firm MiQ Private Wealth has become the latest practice to utilise Yodal’s software for a digital estate planning solution as it expands its client offering.

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Tyndall AM bids farewell to longstanding equities exec

tyndall Yarra capital management fund management exit appointments

Brad Potter, who has helmed Australian equities at Tyndall Asset Management for the last decade, has announced his retirement from the business.

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AMP adds consolidated reporting to North platform

amp amp north North platforms technology

AMP has launched household consolidated reporting across multiple clients to North Interactive in response to adviser feedback.

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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 18 hours ago