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Will adviser numbers see greater stability in 2024?

amp/Wealth-Data/Colin-Williams/financial-advisers/

| By Jasmine Siljic |
Financial planning

As YTD financial adviser growth approaches parity with 2023, Wealth Data’s Colin Williams is optimistic that adviser losses will be less severe in 2024 due to increasing steadiness in the profession.

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amp
Wealth Data
Colin Williams
financial advisers

AUTHOR

Work/life balance a key attraction in employee retention

recruitment/Robert-Half/remuneration/hiring/employment/

| By Laura Dew |
Financial planning

Employers should not panic if remuneration budgets are too stretched to offer salary bumps, according to two recruiters, as staff say they are also attracted to a greater work/life balance when accepting a promotion.

Read more about:
recruitment
Robert Half
remuneration
hiring
employment

AUTHOR

Directors risking unintentional greenwashing by avoiding ESG obligations

PwC/ESG/Joe-Longo/ASIC/climate-change/climate-change-disclosure/

| By Laura Dew |
Funds management

Failure to meet ESG compliance obligations can leave financial services directors walking a tightrope of risk, according to PwC, as ASIC urges firms to prepare for climate reporting.

Read more about:
PwC
ESG
Joe Longo
ASIC
climate change
climate change disclosure

AUTHOR

Relative Return: The role of real estate in a portfolio

Podcast/Relative-Return/Premium-Content/

| By Laura Dew |
Editorial

In this episode of Relative Return, host Laura Dew speaks with Andrew Lockhart, managing partner at Metr

Read more about:
Podcast
Relative Return
Premium Content

AUTHOR

Cromwell doubles down on Australia with European platform sale

Cromwell/Cromwell-property-group/Europe/

| By Jasmine Siljic |
Funds management

The property group has announced the sale of its European funds management platform for $457 million as it looks to Australia and New Zealand for future growth.

Read more about:
Cromwell
Cromwell property group
Europe

AUTHOR

Australian Ethical makes $5.5m acquisition of fixed income manager

Australian-Ethical/Altius-asset-Management/fixed-income/bonds/M&A/

| By Laura Dew |
Funds management

Australian Ethical has announced it has entered into a binding agreement to acquire a sustainable fixed income manager, increasing its FUM by around $2 billion.

Read more about:
Australian Ethical
Altius asset Management
fixed income
bonds
M&A

AUTHOR

CFS passes $1bn on Edge platform

CFS/colonial-first-state/Kelly-Power/bryce-quirk/platforms/fnz/

| By Laura Dew |
Financial planning

Colonial First State has reached $1 billion in funds under administration on its Edge platform, having launched last August.

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CFS
colonial first state
Kelly Power
bryce quirk
platforms
fnz

AUTHOR

Former adviser banned for multiple breaches

financial-advisers/financial-advice/banning/ASIC/

| By Staff |
Financial planning

A former financial adviser has been banned by ASIC from providing financial services for inappropriate advice, among multiple breaches.

Read more about:
financial advisers
financial advice
banning
ASIC

AUTHOR

Russell Investments appoints APAC head

Russell-Investments/APAC/Jodie-Hampshire/

| By Laura Dew |
Funds management

Russell Investments has appointed a new head of Asia-Pacific, six months after appointing Pete Gunning to the role.

Read more about:
Russell Investments
APAC
Jodie Hampshire

AUTHOR

RI Advice flagged as cautionary cyber security tale

RI-Advice/cybersecurity/ASIC/Joe-Longo/cyber-attack/

| By Laura Dew |
Financial planning

ASIC has flagged the 2022 case of RI Advice as an example of the need for cyber security measures within a financial services firm as chair Joe Longo warns a cyber attack “is almost inevitable”.

Read more about:
RI Advice
cybersecurity
ASIC
Joe Longo
cyber attack

AUTHOR

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