Boutique Australian-owned fund manager, Prime Value Asset Management, has appointed a new director of distribution.
What has happened in the financial advice space over the 100 days since Minister for Financial Services, Stephen Jones, announced the government’s final response to the Quality of Advice Review?
The development of a broad array of innovative products should not be first priority for the industry when it comes to retirement and could drive up the cost of financial advice, according to Deloitte.
Over three-quarters of consumers say they would be more likely to invest in products that were verified by an independent source as being responsible, with greenwashing fears on the rise.
MFS Investment Management has appointed Alison O’Neill as its next chief investment officer.
Traditional active asset managers will have to “perform and adapt, or lose”, according to Morningstar, naming 10 firms that have seen the largest inflows and outflows in the past year.
ASIC has issued its first update since the completion of the internal dispute resolution reporting, sharing the percentage of first-time reports that were submitted on time.
ASIC now has a 1:1 ratio when it comes to court success in the enforcement of crypto activities and more action is expected as Treasury seeks to introduce a regulatory framework.
Up to three-quarters of financial advisers could be using managed accounts in the coming years, according to the latest Investment Trends/SPDR research.
Following the sale of its platform business to Praemium earlier this year, Iress has made a second disposal as it moves to streamline operations.
