5 takeaways from a year of adviser movements

Wealth-Data/adviser-exits/Colin-Williams/new-entrants/

Money Management has collated five key takeaways from the Wealth Data weekly adviser movements over the last 12 months including the biggest month for departures and stats on new entrants.

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Asset manager M&A on the rise: PwC

PwC/asset-managers/M&A/Mergers/

Driven by the desire to access new segments, build market share, and diversify product offerings, there is a resurgence in M&A and partnerships among asset managers, according to a global survey.

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Financial advice noted as ‘ripest fruit’ for regulatory reform

ALRC/corporations-act/legislation/law/

The regulation of financial advice is one of the highest priorities for the Australian Law Reform Commission as it looks to revamp financial services legislation.

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How Select director ‘turned blind eye’ to rogue sales practices

insurance/sales/federal-court/

Select AFSL sales agents, which was penalised by the Federal Court last week, undertook a ‘Refer a Friend’ program without the consent of referred persons that caused an insurance sales spike in Indigenous communities.

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