AMP executive joins MLC Life

amp/MLC-Life/

The insurer has appointed Craig Dainton, former director of strategic projects and deputy chief financial officer at AMP, as general manager of customer and adviser operations.

AUTHOR

Will structural inflation be the end of property growth?

CoreLogic/housing/property-investment/

Australians like to believe property values double every 10 years. It doesn’t — and the next decade could see annual growth rates of around 3 per cent as we navigate a new era of structural inflation.

AUTHOR

Advice complaints on the decline but ‘getting more complex’: AFCA

qoa-review/AFCA/financial-advice/

Monthly complaints have fallen, but they could rise again by opening the scope of advice to other providers, according to AFCA lead ombudsman for investments and advice Shail Singh.

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Why Abood believes funds could struggle without digital strategies

FPA/digital-advice/financial-advisers/Women-in-Business/

In questioning whether financial advice is “too complex” for the average Australian, Sarah Abood has reiterated the importance of digital tools to address accessibility concerns.

AUTHOR

Former Future Fund chief technology officer joins Praemium

praemium/Future-Fund/

The investment platform has appointed Richard Large as chief technology officer, a former CTO at Australia’s $250 billion sovereign wealth fund.

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Where does relevant provider registration with ASIC now stand?

ASIC/Wealth-Data/financial-adviser-register/

ASIC’s senior executive leader, Leah Sciacca, has provided an update on the status of financial adviser registration with the regulator since it was delayed in November 2022.

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Invest Blue invests $2m in Lumiant’s digital platform

Invest-Blue/Lumiant/digital-technology/

The national financial advice firm has announced a strategic partnership with Lumiant to build a cloud-based platform that would boost advice clients’ engagement and satisfaction.

AUTHOR

How the US Federal Reserve killed regional banks

vaughan-nelson/US-banks/VanEck/

An aggressive hiking cycle, an inverted yield curve and maturing government bonds have created a major banking disaster.

AUTHOR

How is RIAA engaging with financial advisers?

RIAA/ESG/responsible-investment/

In conversation with Money Management, RIAA’s chief executive, Simon O’Connor, has shared how the organisation is creating initiatives to engage and help the advice community.

AUTHOR

JPMAM’s Craig pushes back on Fed rate cut

JPMorgan/interest-rates/US-banks/

There are unlikely to be rate cuts by central banks this year, according to JPMAM’s Kerry Craig, but investors need to prepare their portfolios for a 2024 rate reversal.

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