Why don’t licensees fall under FSCP’s spotlight?

FSCP/ASIC/compliance/financial-advisers/

While the Financial Services and Credit Panel can take action on individual advisers’ misconduct, a compliance professional unpacks why the panel does not always subject licensees to further action.

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The need for high barriers to entry in fund management

fund-management/fund-launch/fund-managers/equities/quality-investments/

High entry requirements are vital to ensure fund management remains competitive, according to Blackwattle’s managing director Michael Skinner, as the firm approaches its first anniversary.

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Forager outlines fund delisting rationale

Forager/ASX/delisting/australian-equities/ETFs/

Forager Funds Management has shared its rationale behind delisting its Australian Shares Fund from the ASX in favour of structuring it as an open-ended unit trust.

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Former Vanguard Super head lands asset manager CEO role

Bell-Asset-Management/vanguard/

Michael Lovett, who left the investment giant just three months after launching its Vanguard Super offering, has taken up a CEO role at an Australian asset manager.

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Apostle appoints head of wholesale director

Apostle-Funds-Management/wholesale-investing/appointments/

Apostle Funds Management has appointed the newly created position of director, head of wholesale as the firm expands its Australian footprint in the wholesale sector.

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HUB24 breaks through $100bn FUA

HUB24/platforms/Andrew-Alcock/

Platform HUB24 has reported $100 billion funds under administration in its latest quarterly results, helped by a 90 per cent rise in platform net inflows.

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InvestSMART platform’s ETFs to ‘empower advisers’

investSMART/Robo-advice/digital-advice/investment-platform/

The Rask Group, in partnership with InvestSMART’s new investment platform, has announced three ETF strategies, aimed at empowering financial advisers to create and manage their own ETF portfolios.

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How can investment firms successfully reduce business costs?

abrdn/recruitment/employment/Kaizen-Recruitment/

As fund managers look to enhance efficiencies and reduce operating expenses amid active underperformance, former abrdn managing director Brett Jollie shares how to successfully do so.

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ASIC announces senior executive leadership exits

ASIC/ceo/warren-day/regulation/enforcement/recruitment/

ASIC chief executive, Warren Day, is among senior executives to depart the corporate regulator amid changes to its leadership team.

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Relative Return: Supporting the financial services ecosystem

Podcast/Relative-Return/

In this special episode of Relative Return, Momentum Media’s Phil Tarrant and Jordan Coleman discuss the publishing house’s expansion into greater coverage of the wealth management space.

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