Higher salaries ahead in a ‘watershed moment’ for advice

Adviser Ratings salary employment financial advice

| By Jasmine Siljic |

Adviser Ratings has revealed that over 60 per cent of financial advice practices are enjoying profit margins above 20 per cent, heralding a new era of salary growth, stability and innovation for the profession.

AUTHOR

Jasmine Siljic

Jasmine Siljic is a journalist at Money Management. Prior to joining MM, she also worked across other Momentum Media brands as an intern and cadet journalist. She recently completed a Bachelor of Media and Communications at Macquarie University.

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ASIC’s January activity hints at increased enforcement action

ASIC AFSL enforcement regulation

| By Laura Dew |

Financial planning

ASIC kicked off the year with its first licence cancellation and a contempt of court application as it states it is seeking to send a “clear compliance and deterrence message” to its regulated entities.

AUTHOR

Laura Dew

Laura Dew is editor at Money Management. Prior to joining MM, she spent five years working at Investment Week in the UK, covering asset and wealth management.

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Relative Return: Will it be a boom year for Aussie equities?

Podcast Relative Return Wilson Asset Managment WAM

| By Laura Dew |

Editorial

In this episode of Relative Return, Maja Garaca Djurdjevic speaks with Matthew Haupt, lead portfolio manager of WAM Leaders, to discuss the stage three tax cuts and their impact on Australian equities.

AUTHOR

Laura Dew

Laura Dew is editor at Money Management. Prior to joining MM, she spent five years working at Investment Week in the UK, covering asset and wealth management.

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Former abrdn MD and F3 founder join recruitment advisory board

recruitment advisory services employment

| By Laura Dew |

People & Products

Former abrdn managing director Brett Jollie and F3 founder Camilla Love are among appointments to the advisory board of Melbourne recruitment firm Kaizen.

AUTHOR

Laura Dew

Laura Dew is editor at Money Management. Prior to joining MM, she spent five years working at Investment Week in the UK, covering asset and wealth management.

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ATO launches learning platform to help run a small business

ATO taxation Superannuation small businesses self-employed

| By Laura Dew |

People & Products

With advisers opting to leave large licensees and set up their own business, the ATO has launched a new online learning platform to help small business owners meet their superannuation and tax obligations.

AUTHOR

Laura Dew

Laura Dew is editor at Money Management. Prior to joining MM, she spent five years working at Investment Week in the UK, covering asset and wealth management.

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Count announces its first acquisition of 2024

Countplus Hugh Humphrey Affinia AFSL

| By Jasmine Siljic |

Financial planning

The financial advisory business has made its first acquisition of the year, with one of its Victorian subsidiary firms purchasing an accounting practice.

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Jasmine Siljic

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Accountants v advisers: Which profession is higher paid?

financial advisers accountants remuneration salary recruitment

| By Jasmine Siljic |

Financial planning

As competition heats up between advice firms and accountancies to attract top graduates, Money Management compares the potential salaries of both professions and how they vary by state.

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Jasmine Siljic

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MySuper assets approach $1tn as funds consolidate

APRA Superannuation mysuper SMSFs

| By Laura Dew |

Superannuation

Total MySuper assets are approaching $1 trillion while the number of funds with more than six members has declined by 40 per cent over the last five years, according to APRA’s latest annual statistics.

AUTHOR

Laura Dew

Laura Dew is editor at Money Management. Prior to joining MM, she spent five years working at Investment Week in the UK, covering asset and wealth management.

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FAAA concerned over CSLR’s escalating costs

CSLR FPA compensation scheme of last resort ASIC levy

| By Jasmine Siljic |

Financial planning

In its pre-budget submission, the FAAA has expressed its concern over the “extremely disheartening” costs of the Compensation Scheme of Last Resort potentially being passed on to financial advisers.

AUTHOR

Jasmine Siljic

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Active ETFs report ‘stark’ $1bn outflows during 2023

global x Global X ETFs ETFs BetaShares vanguard exchange traded funds

| By Jasmine Siljic |

Funds management

Despite accounting for over 50 per cent of fund launches in 2023, active ETFs recorded approximately $1 billion in outflows last year, confirming investors’ preference for passive strategies.

AUTHOR

MARKET INSIGHTS

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

Adviser sees registration suspended over ROA usage

1 month 1 week ago

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

Adviser sees registration suspended over ROA usage

1 month 2 weeks ago

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

AZ NGA makes first acquisition post-Oaktree deal

1 month 2 weeks ago

Higher salaries ahead in a ‘watershed moment’ for advice

AUTHOR

Jasmine Siljic

Jasmine 's social profiles:

ASIC’s January activity hints at increased enforcement action

AUTHOR

Laura Dew

Laura 's social profiles:

Relative Return: Will it be a boom year for Aussie equities?

AUTHOR

Laura Dew

Laura 's social profiles:

Former abrdn MD and F3 founder join recruitment advisory board

AUTHOR

Laura Dew

Laura 's social profiles:

ATO launches learning platform to help run a small business

AUTHOR

Laura Dew

Laura 's social profiles:

Count announces its first acquisition of 2024

AUTHOR

Jasmine Siljic

Jasmine 's social profiles:

Accountants v advisers: Which profession is higher paid?

AUTHOR

Jasmine Siljic

Jasmine 's social profiles:

MySuper assets approach $1tn as funds consolidate

AUTHOR

Laura Dew

Laura 's social profiles:

FAAA concerned over CSLR’s escalating costs

AUTHOR

Jasmine Siljic

Jasmine 's social profiles:

Active ETFs report ‘stark’ $1bn outflows during 2023

AUTHOR

Jasmine Siljic

Jasmine 's social profiles:

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