Sequoia makes $2m acquisition

Sequoia acquisition M&A

Sequoia has made a $2 million acquisition as it expands its product offering to deliver professional services to advisers.

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The super trustees receiving millions in remuneration

APRA registrable superannuation entity trustees remuneration

Some 16 super RSEs are paying over $1 million to their board of trustees, according to latest APRA data.

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ETF market bounces back after a two-month decline

ETFs BetaShares fund launch active ETF

Conversions from unlisted to active ETFs have accounted for half of the monthly ETF growth in November, driving an AUM of nearly $170 billion and marking a departure from previous monthly declines.

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SMSF Association welcomes new board member

AICD SMSFs smsf association boards

Christine Franks has been appointed to the SMSF Association’s board as its governance expert in replacement of a former board member.

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Financial advisers strengthen ties with accountants

financial advisers accountants Radar Results merger M&A

With a move towards servicing high-net-worth investors who are seeking a professional network, accountants and financial planners are working closer than ever before and presenting possible merger opportunities.

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Link adds to board as focus turns to RSS division

Link Group boards OneVue

Former OneVue chair, Gail Pemberton, has been appointed to the group of Link Group as the firm turns its focus to its Retirement and Superannuation Solutions division.

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Scaled advice model leads to second FSCP prohibition order

FSCP ASIC adviser ban SMSFs

The FSCP has issued a registration prohibition order against a financial adviser until 2025 for misleading a client through a scaled advice model that excluded an SMSF investment, its second in a week.

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Rising retiree debt underscores the need for financial advice

retirement household debt amp mortgage

One in nine Australians aged over 50 expect to have $250,000 in unpaid debt in retirement – debt worries are leading to concerns about their ability to achieve their desired retirement lifestyle.

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Digital remains pivotal to funds’ advice offering

digital advice GBST quality of advice review fintech

Digitised financial advice solutions will continue enabling the mass-scale provision of advice from supe

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Wholesale investor eligibility spikes by 700%

AFCA complaints wholesale investing managed investment scheme

The number of people eligible for the wholesale investor test has risen by more than 700 per cent since its introduction, and advisers need to ensure they are making their clients aware of the risks in losing consumer protections.

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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 ago

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

1 month ago

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

1 month 1 week ago

Insignia Financial has confirmed it is considering a preliminary non-binding proposal received from a US private equity giant to acquire the firm. ...

2 weeks 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. ...

1 week 4 days ago

Specialist wealth platform provider Mason Stevens has become the latest target of an acquisition as it enters a binding agreement with a leading Sydney-based private equi...

1 week 4 days ago