‘Step up or step out’, Howarth tells Jones

Stephen-Jones/Luke-Howarth/quality-of-advice-review/Parliament/Budget/

Shadow minister for financial services, Luke Howarth, has described his counterpart Stephen Jones as being “asleep at the wheel” when it comes to financial advice.

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VanEck targets adviser market with multiple hires

ETFs/VanEck/hires/financial-advisers/

ETF provider VanEck has added four new hires as it seeks to increase its market share with financial advisers.

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DASH introduces wellbeing advice solution

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Financial advice software provider DASH has partnered with HealthyMe Digital to launch a new solution for advisers and clients providing health and wellbeing content.

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AMP North adds 6 managed portfolios

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North, AMP’s wrap investment platform, has added six new managed portfolios to its investment menu and launched an interactive tool for financial advisers.

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Wealth managers look to boost revenue amid fee pressure: Capgemini

EY/capgemini/ultra-high-net-worth/high-net-worth/financial-advice/wealth-management/

Capgemini has identified how wealth management firms can boost their revenue after they report “substantial pressure” in the face of slower market growth and a challenging macroeconomic landscape.

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3 major licensees welcome adviser gains amid ‘volatile’ June

Wealth-Data/adviser-numbers/insignia-financial/Sequoia/centrepoint-alliance/Countplus/

Three of Australia’s largest licensees saw growth in their financial advice numbers over the past week, despite an overall double-digit decline across the wider industry for the second week.

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Magellan sees return to positive FUM growth

Magellan/funds-under-management/Sophia-Rahmani/Andrew-Formica/

Funds under management at Magellan have returned to growth in May after a lull in April.

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ASIC caught up in social media scam

ASIC/scams/social-media/online-trading/

The corporate regulator has issued a warning that its logo is being misused to perpetuate a social media scam promoting fake investment.

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Sydney wealth firm sees AFSL cancellation by ASIC

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ASIC has cancelled the AFS licence of a Sydney wealth firm, the fifth Sydney firm to see a cancellation since the start of the year.

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Relative Return: How advisers can use thematic ETFs in portfolios

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In the latest episode of Relative Return, host Laura Dew chats with Manny Damianakis, head of sales at Global X, about the popularity of thematic ETFs and the benefits they offer advisers.

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