Best opportunity in a decade for municipal bonds

Nuveen/bonds/fixed-income/

Asset manager Nuveen is seeing opportunity in municipal bonds which are at their highest yields in over a decade.

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Former Diverger head takes up new leadership role

Diverger-Limited/Diverger/Countplus/hires/

In his first move since the acquisition by Count, former Diverger managing director Nathan Jacobsen has taken up a new leadership role in the financial advice space.

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Victorian AFSL sentenced over non-compliance

ASIC/Victoria/court/sentence/

Medical grounds are no excuse for compliance failures as a Victorian AFSL is sentenced for failing to lodge annual financial reports.

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Pinnacle to launch second UK affiliate

Pinnacle-Investment-Management/Ian-Macoun/Pinnacle/

Pinnacle Investment Management has announced it plans to launch a new affiliate from a global equities team departing Royal London Asset Management.

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ASIC looks to enact more criminal enforcement

ASIC/enforcement/regulation/criminal-proceedings/civil-proceedings/senate/

The balance of ASIC enforcement activity is skewed towards civil rather than criminal cases, but the corporate regulator says it is seeking to redress this matter.

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How to successfully change careers into financial advice

financial-advice/education/Shadforth/Shadforth-Financial-Group/

From gym owner to working with private wealth advisers, Shadforth’s Joel Perryman shares his top recommendations for career changers looking to transition into the financial advice profession.

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RIAA launches toolkit to understand AI risks

ASIC/RIAA/artificial-intelligence/financial-advice/ESG/

The Responsible Investment Association of Australasia has launched a toolkit to help advisers address the risks presented by artificial intelligence.

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Advice licensee CEO to depart after six years

Link-Group/Link-Advice/AFSL/ceo/

Link Advice chief executive, Duncan McPherson, is to depart after six years as the business restructures.

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How a global initiative is helping with net zero transition

FTSE-Russell/lseg/decarbonisation/ESG/resources/

With energy transition remaining a significant challenge, a global index provider executive has argued that engagement could trump divestment.

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AMP Advice launches tailored managed portfolio range

amp/amp-north/AMP-advice/managed-accounts/blackrock/lonsec/

AMP Advice has partnered with BlackRock and Lonsec to expand its suite of managed portfolio solutions, further democratising advisers’ access to these products.

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