Unadvised Australians held back by cost and trust

Generation Life trust financial advice costs

Advised Australians are twice as likely to be happy with their financial situations than unadvised consumers, according to Generation Life, but cost and trust are holding unadvised ones back.

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Are fund managers abandoning sustainability?

ESG JPMAM Schroders Zenith blackrock sustainable investing

As ESG and sustainable funds continue to suffer outflows and the regulator cracks down on greenwashing, there has been a notable downturn in the number of launches and staff hires in this area.

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HUB24 reports ‘strong start’ to FY25 inflows

HUB24 platforms FUA financial results

HUB24 has seen a 44 per cent rise in quarterly platform net inflows during the first three months of FY25, while adviser numbers rose 17 per cent.

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GSFM welcomes new retail business head

GSFM munro hires

The fund manager has appointed a new head to lead its retail business, replacing Stephen Fletcher who has moved into a newly created role at Munro Partners.

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Zenith appoints group head of research

Zenith Investment partners Zenith lonsec morningstar

Zenith Investment Partners has appointed an experienced research executive as its new group head of research following the departure of Bronwen Moncrieff.

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Is ASIC in a ‘cold war’ against self-licensing?

ASIC self-licensed self-licensing financial advisers

With a quarter of AFSLs being held by single authorised representatives, is the rise of self-licensing and market fragmentation making it harder for ASIC to monitor the steadily growing number of licensees?

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Finalists revealed for ifa Excellence Awards 2024

IFA awards financial advisers

Over 300 finalists will compete for awards as ifa celebrates success at the ifa Excellence Awards, to be held on Thursday, 5 December.

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AMP restructures 4 departments amid cost simplification program

amp AFSL restructure fsu unions Finance Sector Union

Having divested its advice business in August, AMP is undergoing restructuring in at least four other departments amid a cost simplification program.

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Blackwattle to launch Women in Finance Mentorship Program

fund management future im/pact gender diversity

Blackwattle Investment Partners has revealed it will be launching a mentorship program to empower experienced female professionals into the funds management industry.

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Pengana unveils private credit SMA fund on AMP North

Pengana Pengana Capital Group private credit managed accounts

Pengana Capital Group has announced the launch of a diversified global private credit separately managed account fund, with initial platform access on AMP’s North platform.

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