Link adds to board as focus turns to RSS division

Link-Group/boards/OneVue/

Former OneVue chair, Gail Pemberton, has been appointed to the group of Link Group as the firm turns its focus to its Retirement and Superannuation Solutions division.

AUTHOR

Scaled advice model leads to second FSCP prohibition order

FSCP/ASIC/adviser-ban/SMSFs/

The FSCP has issued a registration prohibition order against a financial adviser until 2025 for misleading a client through a scaled advice model that excluded an SMSF investment, its second in a week.

AUTHOR

Rising retiree debt underscores the need for financial advice

retirement/household-debt/amp/mortgage/

One in nine Australians aged over 50 expect to have $250,000 in unpaid debt in retirement – debt worries are leading to concerns about their ability to achieve their desired retirement lifestyle.

AUTHOR

Digital remains pivotal to funds’ advice offering

digital-advice/GBST/quality-of-advice-review/fintech/

Digitised financial advice solutions will continue enabling the mass-scale provision of advice from supe

AUTHOR

Wholesale investor eligibility spikes by 700%

AFCA/complaints/wholesale-investing/managed-investment-scheme/

The number of people eligible for the wholesale investor test has risen by more than 700 per cent since its introduction, and advisers need to ensure they are making their clients aware of the risks in losing consumer protections.

AUTHOR

JPMAM ‘democratises’ alternatives with platform partnership

JPMAM/fintech/JP-Morgan/

JPMAM has partnered with financial technology platform iCapital to give Australian wholesale investors access to its alternative investments suite, while also launching two active ETFs.

AUTHOR

Centrepoint Alliance expands board with two appointments

centrepoint-alliance/Simon-Swanson/boards/

Centrepoint Alliance has appointed two non-executive directors, including one from COG Financial Services which took a 20 per cent stake in the business last month.

AUTHOR

The advice licensees seeing strong share price growth

insignia-financial/amp/share-price/ASX-200/licensees/Diverger/Wealth-Data/centrepoint-alliance/

Two advice licensees have lost more than 26 per cent in their share price since the start of 2023, while another has seen gains of 35 per cent.

AUTHOR

Why 2024 is the year of digital advice traction

advice-technology/fintech/digital-advice/CFS/

The promise of digital advice tools to address the supply/demand inequity is no longer a dream but a very present reality, writes Shaun Green.

AUTHOR

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