Could the QAR spark more M&A in financial advice?

Hall & Wilcox mergers and acquisitions advice firms

If banks and super funds were to begin providing advice, this advice director expects it would “absolutely spark another round” of mergers and acquisitions.

AUTHOR

Rate tracking 'tricking' investors into financial loss

market volatility

Interest rate forecasts are a "distraction",  according to one asset manager, which has described the market as a “demonic beast”, working to “trick” investors into making poor financial decisions. 

AUTHOR

Finalists revealed for 35th Fund Manager of the Year Awards

Fund Manager of the Year fund management

Five finalists will battle it out to win the coveted 2023 Fund Manager of the Year award at this year’s ceremony

AUTHOR

The time for Asian equities is now, says abrdn

abrdn Asian equities China

China’s reopening is leading the attractive path forward for Asian equities, but investors should remain selective, according to abrdn’s Asian equities investment director.

AUTHOR

VanEck slams ETF distortion ‘myths’ as active voices grow louder

ETFs VanEck active investment

EXCLUSIVE: The major product provider has rejected “hysteria” surrounding passive strategies and argues that ETFs do not distort markets.

AUTHOR

AMP issued $24m penalty for billing deceased clients

AMP Life amp financial planning ASIC

AMP Life and AMP Financial Planning have been issued a $24 million penalty by the Federal Court in relation to charging deceased clients for insurance and financial advice.

AUTHOR

MLC Life fined $10m for misleading customers

ASIC MLC Life

The Federal Court has ordered MLC Limited pay a $10 million penalty for misleading customers and failing to pay promised benefits.

AUTHOR

Vanguard bolsters retail team amid restucture

vanguard financial advice Superannuation

The investment manager has announced the creation of two new divisions and outlined a new structure bringing together its superannuation and non-superannuation businesses.

AUTHOR

Tax deductible advice ‘a step in the right direction’

FPA tax deductable advice ATO

With an ATO review underway to make financial advice tax deductible, Tangelo Advice Consulting’s Conrad Travers has reiterated why this would be a positive step forward for the industry.

AUTHOR

Younger investors lean into buy-and-hold strategies

OpenMarkets online trading ETFs young investors

Despite market volatility, Gen Y and Z investors are resisting selling pressures and opting for buy-and-hold strategies to build wealth, according to new data.

AUTHOR

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

3 weeks 5 days 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 ago

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

1 week 4 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. ...

6 days 20 hours 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...

6 days ago