Centrepoint Alliance eyes growth ‘in its own backyard’

licensees/centrepoint-alliance/acquisition/M&A/

| By Jasmine Siljic |

Centrepoint Alliance has reported a 63 per cent NPAT growth for 1H24 and is looking into its existing licensee network to enact their own acquisitions as they look for succession plans.

AUTHOR

Jasmine Siljic

Jasmine Siljic is a journalist at Money Management. Prior to joining MM, she also worked across other Momentum Media brands as an intern and cadet journalist. She recently completed a Bachelor of Media and Communications at Macquarie University.

View articles by Jasmine

Jasmine 's social profiles:

E-mail Author

Praemium targets 50% FUA growth on OneVue

iress/OneVue/praemium/anthony-wamsteker/platforms/

| By Laura Dew |

People & Products

Technology platform Praemium expects to be able to grow FUA on the OneVue platform by 50 per cent to $6 billion within 18 months of its acquisition.

AUTHOR

Laura Dew

Laura Dew is editor at Money Management. Prior to joining MM, she spent five years working at Investment Week in the UK, covering asset and wealth management.

View articles by Laura

Laura 's social profiles:

Fund managers pivoting to wholesale over retail investors

wholesale-investing/retail-investors/Funds-management/

| By Jasmine Siljic |

Funds management

Australian investment managers are pivoting away from retail investors and towards the allure of private clients, according to Sentient Group, while the sophisticated investor test remains under fire.

AUTHOR

Jasmine Siljic

View articles by Jasmine

Jasmine 's social profiles:

E-mail Author

Bragg calls for ‘heads on spikes’ over wrongdoing

Dixon-Advisory/andrew-bragg/AFCA/ASIC/

| By Laura Dew |

Financial planning

Dixon Advisory is a prime example of ASIC’s lack of enforcement action and wrongdoing will continue unless there are “heads on spikes”, according to Senator Andrew Bragg.

AUTHOR

Laura Dew

Laura Dew is editor at Money Management. Prior to joining MM, she spent five years working at Investment Week in the UK, covering asset and wealth management.

View articles by Laura

Laura 's social profiles:

Iress divests OneVue platform business

iress/OneVue/praemium/platforms/

| By Laura Dew |

People & Products

Iress has found a buyer for its OneVue platform business as it moves to streamline the business to three core segments of wealth management, trading and superannuation.

AUTHOR

Laura Dew

Laura Dew is editor at Money Management. Prior to joining MM, she spent five years working at Investment Week in the UK, covering asset and wealth management.

View articles by Laura

Laura 's social profiles:

Super offsets managed fund outflows at Australian Ethical

Australian-Ethical/superannuation-funds/christian-super/managed-funds/John-McMurdo/

| By Laura Dew |

Funds management

Australian Ethical has reported a 15 per cent FUM rise as it scales up the business to benefit from a mega trend of responsible investing.

AUTHOR

Laura Dew

Laura Dew is editor at Money Management. Prior to joining MM, she spent five years working at Investment Week in the UK, covering asset and wealth management.

View articles by Laura

Laura 's social profiles:

ASIC flags licensees’ role in super underperformance oversight

licensees/AFSL/research-houses/ASIC/superannuation-funds/

| By Laura Dew |

Financial planning

ASIC has shared findings on the role of advice licensees in the oversight of superannuation fund performance, highlighting their approved product lists and use of research houses as well as actions going forward.

AUTHOR

Laura Dew

Laura Dew is editor at Money Management. Prior to joining MM, she spent five years working at Investment Week in the UK, covering asset and wealth management.

View articles by Laura

Laura 's social profiles:

Competition heats up for compliance talent amid regulatory change

risk-management/compliance/recruitment/Kaizen-Recruitment/regulation/

| By Jasmine Siljic |

Financial planning

As persistent regulatory changes drive demand for risk and compliance teams, competition is heating up in the shallow talent pool, with firms taking up to six months to fill positions.

AUTHOR

Jasmine Siljic

View articles by Jasmine

Jasmine 's social profiles:

E-mail Author

ClearView pivots to simplified business with wealth exit

ClearView/ClearView-Wealth/insurance/

| By Laura Dew |

Financial planning

ClearView Wealth has shared progress on its exit from financial advice and wealth management following a strategic review as it seeks to become a simplified insurance business.

AUTHOR

Laura Dew

Laura Dew is editor at Money Management. Prior to joining MM, she spent five years working at Investment Week in the UK, covering asset and wealth management.

View articles by Laura

Laura 's social profiles:

What has Bragg concluded from ASIC inquiry?

andrew-bragg/senate/Senate-Economic-References-Committee/ASIC/

| By Laura Dew |

Financial planning

Senator Andrew Bragg has shared his biggest takeaway from chairing the Senate’s ASIC inquiry ahead of the publication of its final report, while calling for a wider financial system inquiry.

AUTHOR

Laura Dew

Laura Dew is editor at Money Management. Prior to joining MM, she spent five years working at Investment Week in the UK, covering asset and wealth management.

View articles by Laura