TAL’s Clark to depart group CEO role

TAL/insurance/life-insurance/

TAL group chief executive Brett Clark is to step down from the role after almost a decade with a new replacement appointed.

AUTHOR

What are the greatest compliance risks for AFSLs?

ASIC/compliance/licensees/AFSL/Holley-Nethercote/

From cyber security threats to external reviews, financial services law firm Holley Nethercote has uncovered the most notable compliance concerns for AFSLs.

AUTHOR

CFS approves first FSI replacement manager

First-Sentier-Investors/Pinnacle/CFS/colonial-first-state/

Colonial First State has confirmed the first alternative manager for its funds, following the closure of four First Sentier Investors teams.

AUTHOR

What women want: Changing the advice space for female clients

JBWere/female/women's-wealth/women-in-financial-services/financial-advisers/

JBWere Australia CEO, Maria Lykouras, and a female financial adviser have underscored how advice practices can better service female clients from communication and trust to investment selection.

AUTHOR

Betashares receives $300m investment to fuel growth trajectory

BetaShares/ETFs/Funds-management/

ETF provider Betashares has secured $300 million in investment from Singapore-based Temasek which will acquire a stake in the business.

AUTHOR

Cost remains persistent barrier against retirement advice

vanguard/advice-fees/retirement/

The high cost of receiving financial advice continues to be a barrier preventing half of retirees from seeking an adviser’s support, Vanguard’s latest data shows.

AUTHOR

Small caps, big opportunities

Premium-Content/

AUTHOR

How advice salaries will look in FY24–25

Hays/salary/remuneration/financial-advisers/

The latest edition of the Hays annual salary report has broken down the expected average salary for a variety of senior and junior financial planning roles for the upcoming FY24–25.

AUTHOR

Ceasing advice licensees outweigh new players

Wealth-Data/financial-advisers/adviser-numbers/licensees/self-licensed/

Just two financial advice licensees have commenced operations and seven ceased over the past two weeks, while total adviser numbers slip below 15,600 yet again.

AUTHOR

Will the QAR super requirement be as stringent as industry fears?

ASIC/Alan-Kirkland/quality-of-advice-review/statements-of-advice/superannuation-trustees/

ASIC has told the Senate economics committee that it expects the requirement for superannuation trustees to check Statements of Advice won’t be “highly prescriptive” and is only one possible form of evidence.

AUTHOR

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

So we are now underwriting criminal scams?...

2 months 2 weeks ago

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

2 months 3 weeks ago

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

4 months 3 weeks ago

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

1 week 1 day ago

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

1 week 6 days ago

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

2 weeks 4 days ago