Less than 1% of Dixon Advisory complaints have progressed

Hundreds of consumers with Dixon Advisory complaints are still waiting for updates months later as AFCA awaits the introduction of the Compensation Scheme of Last Resort before assessing them.

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Why investing in funds in net outflows could be more cost-efficient

Research from Rainmaker Information has found investors could potentially make more money by investing in managed investment products experiencing net outflows over chasing returns in popular funds.

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Pengana announces joint venture with WHSP

Pengana has announced a joint venture with investment manager Washington H Soul Pattinson in the hope of democratising access to private credit for non-institutional investors.

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Viridian Financial Group acquires Qld advice firm

The financial group has announced the acquisition of Enlightened Financial Solutions, a leader in the use of video SOAs that would be leveraged across the group.

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ANZ exec appointed DASH COO

Michelle Russo, former head of wealth customer resolution at ANZ, has joined DASH as a chief operating officer, along with nine other hires.

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Platform inflows more than halve at AMP

AMP has reported first quarter results for its Australian wealth management division, reporting a substantial 62 per cent drop in platform inflows.

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Former ACCC deputy chair joins Ecstra Foundation board

Delia Rickard, who spent over a decade at the ACCC and had previously been a senior executive at ASIC, has joined the board of the financial wellbeing organisation.

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HUB24 reports 30% drop in net inflows

The funds platform has described performance over the March quarter as “solid”, despite a $740 million drop in net inflows.

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How can advisers utilise proposed experience pathway?

The Treasury has outlined how advisers and their AFSLs can utilise the proposed experience pathway if they meet the requirements, as it opens a consultation period for feedback.

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Experience pathway proposals open for consultation

The Treasury has opened consultation on the proposed experience pathway, outlining what would deem an adviser to meet the education requirements.

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