Less than 1% of Dixon Advisory complaints have progressed

ASIC/AFCA/complaints/Dixon-Advisory/dass/

| By Rhea Nath |

Hundreds of consumers with Dixon Advisory complaints are still waiting for updates months later as AFCA awaits the introduction of the Compensation Scheme of Last Resort before assessing them.

AUTHOR

Rhea Nath

Rhea L Nath is a journalist at Money Management. She has previously worked as a business reporter with Dynamic Business and journalist in the multicultural media with Indian Link Media Group. In 2022, she was named Young Journalist of the Year at the NSW Premier’s Multicultural Communications Awards.

View articles by Rhea

Rhea 's social profiles:

E-mail Author

Why investing in funds in net outflows could be more cost-efficient

rainmaker/managed-funds/outflows/fund-flows/

| By Rhea Nath |

Funds management

Research from Rainmaker Information has found investors could potentially make more money by investing in managed investment products experiencing net outflows over chasing returns in popular funds.

AUTHOR

Rhea Nath

View articles by Rhea

Rhea 's social profiles:

E-mail Author

Pengana announces joint venture with WHSP

WHSP/private-credit/Pengana/joint-venture/

| By Laura Dew |

People & Products

Pengana has announced a joint venture with investment manager Washington H Soul Pattinson in the hope of democratising access to private credit for non-institutional investors.

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:

Viridian Financial Group acquires Qld advice firm

acquisition/viridian/statements-of-advice/

| By Rhea Nath |

People & Products

The financial group has announced the acquisition of Enlightened Financial Solutions, a leader in the use of video SOAs that would be leveraged across the group.

AUTHOR

Rhea Nath

View articles by Rhea

Rhea 's social profiles:

E-mail Author

ANZ exec appointed DASH COO

dash/ANZ/StatePlus/

| By Rhea Nath |

People & Products

Michelle Russo, former head of wealth customer resolution at ANZ, has joined DASH as a chief operating officer, along with nine other hires.

AUTHOR

Rhea Nath

View articles by Rhea

Rhea 's social profiles:

E-mail Author

Platform inflows more than halve at AMP

platforms/amp/North/Alexis-George/

| By Laura Dew |

Financial planning

AMP has reported first quarter results for its Australian wealth management division, reporting a substantial 62 per cent drop in platform inflows.

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:

Former ACCC deputy chair joins Ecstra Foundation board

ACCC/ASIC/AFCA/financial-literacy/

| By Rhea Nath |

People & Products

Delia Rickard, who spent over a decade at the ACCC and had previously been a senior executive at ASIC, has joined the board of the financial wellbeing organisation.

AUTHOR

Rhea Nath

View articles by Rhea

Rhea 's social profiles:

E-mail Author

HUB24 reports 30% drop in net inflows

HUB24/net-inflows/technology-platform/Funds-management/

| By Charbel Kadib |

Funds management

The funds platform has described performance over the March quarter as “solid”, despite a $740 million drop in net inflows.

AUTHOR

Charbel Kadib

Charbel is an experienced financial services journalist, previously serving as news editor of The Adviser and Mortgage Business. Prior to joining Money Management, he also covered defence and national security developments as news editor of Defence Connect, Cyber Security Connect, and Space Connect. Charbel graduated from the University of Notre Dame with a double major in politics and journalism.

View articles by Charbel

Charbel 's social profiles:

How can advisers utilise proposed experience pathway?

experience-pathway/treasury/Stephen-Jones/

| By Laura Dew |

Financial planning

The Treasury has outlined how advisers and their AFSLs can utilise the proposed experience pathway if they meet the requirements, as it opens a consultation period for feedback.

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:

Experience pathway proposals open for consultation

experience-pathway/treasury/

| By Laura Dew |

Financial planning

The Treasury has opened consultation on the proposed experience pathway, outlining what would deem an adviser to meet the education requirements.

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