Losses at Count and Diverger, which are set to merge in March, have wiped out the double-digit adviser gains seen last week.
Adviser Ratings has revealed that over 60 per cent of financial advice practices are enjoying profit margins above 20 per cent, heralding a new era of salary growth, stability and innovation for the profession.
ASIC kicked off the year with its first licence cancellation and a contempt of court application as it states it is seeking to send a “clear compliance and deterrence message” to its regulated entities.
In this episode of Relative Return, Maja Garaca Djurdjevic speaks with Matthew Haupt, lead portfolio manager of WAM Leaders, to discuss the stage three tax cuts and their impact on Australian equities.
Former abrdn managing director Brett Jollie and F3 founder Camilla Love are among appointments to the advisory board of Melbourne recruitment firm Kaizen.
With advisers opting to leave large licensees and set up their own business, the ATO has launched a new online learning platform to help small business owners meet their superannuation and tax obligations.
The financial advisory business has made its first acquisition of the year, with one of its Victorian subsidiary firms purchasing an accounting practice.
As competition heats up between advice firms and accountancies to attract top graduates, Money Management compares the potential salaries of both professions and how they vary by state.
Total MySuper assets are approaching $1 trillion while the number of funds with more than six members has declined by 40 per cent over the last five years, according to APRA’s latest annual statistics.
In its pre-budget submission, the FAAA has expressed its concern over the “extremely disheartening” costs of the Compensation Scheme of Last Resort potentially being passed on to financial advisers.
