The super trustees receiving millions in remuneration

APRA/registrable-superannuation-entity/trustees/remuneration/

Some 16 super RSEs are paying over $1 million to their board of trustees, according to latest APRA data.

Read more about:

AUTHOR

ETF market bounces back after a two-month decline

ETFs/BetaShares/fund-launch/active-ETF/

Conversions from unlisted to active ETFs have accounted for half of the monthly ETF growth in November, driving an AUM of nearly $170 billion and marking a departure from previous monthly declines.

Read more about:

AUTHOR

SMSF Association welcomes new board member

AICD/SMSFs/smsf-association/boards/

Christine Franks has been appointed to the SMSF Association’s board as its governance expert in replacement of a former board member.

Read more about:

AUTHOR

Financial advisers strengthen ties with accountants

financial-advisers/accountants/Radar-Results/merger/M&A/

With a move towards servicing high-net-worth investors who are seeking a professional network, accountants and financial planners are working closer than ever before and presenting possible merger opportunities.

Read more about:

AUTHOR

Link adds to board as focus turns to RSS division

Link-Group/boards/OneVue/

Former OneVue chair, Gail Pemberton, has been appointed to the group of Link Group as the firm turns its focus to its Retirement and Superannuation Solutions division.

Read more about:

AUTHOR

Scaled advice model leads to second FSCP prohibition order

FSCP/ASIC/adviser-ban/SMSFs/

The FSCP has issued a registration prohibition order against a financial adviser until 2025 for misleading a client through a scaled advice model that excluded an SMSF investment, its second in a week.

Read more about:

AUTHOR

Rising retiree debt underscores the need for financial advice

retirement/household-debt/amp/mortgage/

One in nine Australians aged over 50 expect to have $250,000 in unpaid debt in retirement – debt worries are leading to concerns about their ability to achieve their desired retirement lifestyle.

Read more about:

AUTHOR

Digital remains pivotal to funds’ advice offering

digital-advice/GBST/quality-of-advice-review/fintech/

Digitised financial advice solutions will continue enabling the mass-scale provision of advice from supe

Read more about:

AUTHOR

Wholesale investor eligibility spikes by 700%

AFCA/complaints/wholesale-investing/managed-investment-scheme/

The number of people eligible for the wholesale investor test has risen by more than 700 per cent since its introduction, and advisers need to ensure they are making their clients aware of the risks in losing consumer protections.

Read more about:

AUTHOR

JPMAM ‘democratises’ alternatives with platform partnership

JPMAM/fintech/JP-Morgan/

JPMAM has partnered with financial technology platform iCapital to give Australian wholesale investors access to its alternative investments suite, while also launching two active ETFs.

Read more about:

AUTHOR

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

The succession dilemma is more than just a matter of commitments.This isn’t simply about younger vs. older advisers. It’...

2 months 1 week ago

Significant ethical issues there. If a relationship is in the process of breaking down then both parties are likely to b...

3 months ago

It's not licensees not putting them on, it's small businesses (that are licensed) that cannot afford to put them on. The...

3 months 1 week ago

BlackRock Australia plans to launch a Bitcoin ETF later this month, wrapping the firm’s US-listed version which is US$85 billion in size....

2 weeks 2 days ago

ASIC has banned a Melbourne-based financial adviser who gave inappropriate advice to his clients including false and misleading Statements of Advice....

4 weeks ago

The central bank has released its decision on the official cash rate following its November monetary policy meeting. ...

2 weeks 2 days ago
moneymanagement logo