Monthly outflows persist at Platinum

Platinum Asset Management has shared its latest monthly update amid its turnaround strategy, with outflows continuing to impact its FUM.

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The Principals’ Community joins forces with SuperConcepts

The Principals’ Community has enhanced its value proposition by partnering with SuperConcepts, enabling its self-licensed advice practices to utilise the SMSF software.

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Expand platform doubles SMAs

Wrap platform Expand has announced it has doubled the number of separately managed accounts available for advisers, with five new investment managers added.

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AMP’s George details historic decision to exit advice

AMP chief executive Alexis George has detailed to Money Management how its exit from advice will change the industry, allow greater scale for advisers and a new role for advice executive Matt Lawler.

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Relative Return: Debunking index investing

In this episode of Relative Return, host Laura Dew speaks with Michael Hunstad, deputy chief investment officer and chief investment officer of global equities at Northern Trust Asset Management, to debunk myths around index investing.

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AMP to sell off advice licensees for $10.2m

AMP has announced it has concluded a 12-month process assessing alternative advice models and will be selling its advice licensees and self-licensed offering.

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Is self-licensing worth the cost?

Two financial advice professionals examine the cost-effectiveness of running your own AFSL, and whether the upfront and ongoing expenses are worth the benefits it provides.

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Half of employees considering career change

With advice firms reporting challenges around staff retention and hiring, half of employees say they are willing to change careers in the next 12 months and pay isn’t always their primary driver.

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Closing the gender gap in wealth advice teams

New research has uncovered that wealth investment teams are seeing greater female representation than wealth advice teams, as well as what can be done to achieve gender parity.

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Former adviser launches AI service

An artificial intelligence service designed to optimise the financial planning documentation process has been launched by a former financial adviser.

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