Count equity firm makes Qld acquisition

Countplus/mergers-and-acquisitions/M&A/Hugh-Humphrey/

An equity partner firm of Count has purchased a Brisbane-based accounting business for nearly $1 million, as Count drives forward its inorganic growth momentum.

AUTHOR

Sequoia calls in Takeovers Panel over shareholder dispute

Sequoia/Sequoia-financial-group/takeovers-panel/

Sequoia has applied to the Takeovers Panel regarding alleged unethical practice by a group of
shareholders seeking to oust its chief executive.

AUTHOR

Jones commits to passing QAR within a year

Stephen-Jones/quality-of-advice-review/financial-advice/Blake-Briggs/

Minister for Financial Services, Stephen Jones, has said he did not expect backlash to changes around advice fee deduction and believes the second tranche will have greater impact, committing to enact it by May 2025.

AUTHOR

Are accountants and teachers a solution for advice shortage?

financial-advice/siaa/smsf-association/Sarah-Abood/education/

Career changers, such as accountants and teachers, are a valuable demographic for potential advisers as industry commentators say adviser numbers are “not touching the sides” of consumer demand.

AUTHOR

AFSL cancellations hit double digits with Qld advice firm

AFSL/queensland/ASIC/

ASIC has cancelled the AFSL of a Gold Coast advice firm, its 10th AFSL cancellation since the start of the year with the majority being advice firms.

AUTHOR

Vanguard appoints CEO from rival passive player

vanguard/ishares/blackrock/ceo/

Global investment giant Vanguard has appointed a new global CEO to replace Tim Buckley who steps down after more than 30 years with the business.

AUTHOR

Are financial advisers ‘at risk’ from AI disruption?

artificial-intelligence/Adviser-Ratings/MLC-Asset-Management/insignia-financial/insignia/

Financial adviser has been identified as a job that is at “high risk from AI disruption”, but industry commentators say such technologies will enhance their role, rather than replace them.

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Government flags $10m provision for ASIC greenwashing enforcement

ASIC/APRA/greenwashing/sustainability/responsible-investment/

The latest budget papers have outlined a $10 million provision for ASIC greenwashing enforcement activity as well as funds for a sustainable labelling regime to be partially met by industry levies.

AUTHOR

Iress investigation finds breach affected OneVue

OneVue/platforms/iress/cyber-security/

Iress’ investigation of a cyber breach that occurred last weekend has found it affected its OneVue production environment which contains client data.

AUTHOR

Taking an active approach to credit investment

equity-trustees/credit/active-management/

Rather than taking a set-and-forget approach to credit investing, this investment specialist sheds light on why it is time for active management in the asset class.

AUTHOR

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