ASIC looks to reduce burden of reportable situations regime

ASIC/licensees/breach-reporting/

| By Jasmine Siljic |

The corporate regulator has proposed additional relief for AFSLs under the reportable situations regime, with the FSC welcoming the changes to an “excessively burdensome” system.

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

HUB24 enters FY25 with $9.5bn in net inflows

HUB24/platforms/Andrew-Alcock/

| By Jasmine Siljic |

Financial planning

HUB24 has seen record net inflows of $9.5 billion for the first half of FY25, driven by new advisers joining the platform and favourable market conditions.

AUTHOR

Jasmine Siljic

View articles by Jasmine

Jasmine 's social profiles:

E-mail Author

HMC Capital AUM rises 45%, thanks to real estate flows

private-markets/private-credit/financial-results/

| By Laura Dew |

Funds management

Alternative asset manager HMC Capital has reported a 45 per cent rise in assets under management in the first half of FY25, and how its private credit division is performing following the acquisition of Payton Capital.

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:

Future Generation appoints inaugural CIO

Perpetual/appointments/hires/CIO/

| By Laura Dew |

Funds management

Investment group Future Generation has appointed its first chief investment officer who joins the team from Perpetual Asset Management.

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:

Perennial boosts distribution team

Perennial-Partners/Perennial/distribution/appointments/

| By Laura Dew |

Funds management

Perennial Partners has made a series of appointments to its distribution team across Australia, including a director focused on private wealth, while an ESG specialist departs.

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:

PIMCO looks within for ETF sales head

PIMCO/Kanish-Chugh/appointment/ETFs/

| By Jasmine Siljic |

Funds management

PIMCO has named its head of ETF sales for Australia, having promoted an account manager who joined the firm in July 2024.

AUTHOR

Jasmine Siljic

View articles by Jasmine

Jasmine 's social profiles:

E-mail Author

RBA makes first 2025 rate call decision

Reserve-Bank-of-Australia/central-banks/monetary-policy/interest-rates/

| By Staff |

Funds management

The Reserve Bank of Australia has made its first rate call of 2025, with commentators questioning whether the central bank will join its global peers in softening monetary policy.

AUTHOR

Fiducian reports FUMAA growth amid M&A talks

Fiducian-Group/Fiducian/financial-advice/platforms/

| By Jasmine Siljic |

Financial planning

Fiducian Group has enjoyed double-digit growth in its FUMAA and NPAT for the first half of FY25, as it looks to boost adviser numbers to 150 through potential acquisitions.

AUTHOR

Jasmine Siljic

View articles by Jasmine

Jasmine 's social profiles:

E-mail Author

Former Count head takes up new role at Iress

Countplus/iress/wealth-management/

| By Jasmine Siljic |

Financial planning

Iress has appointed the former head of Count Financial to a newly created executive general manager position in its wealth APAC team.

AUTHOR

Jasmine Siljic

View articles by Jasmine

Jasmine 's social profiles:

E-mail Author

Inquiry recommends SIT changes to prevent AFSL abuse

wholesale-investing/inquiry/AFSL/

| By Laura Dew |

Financial planning

The parliamentary inquiry into the sophisticated investor test (SIT) has recommended making the test less subjective in order to prevent abuse by AFSLs.

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