Wealth perceptions evolving beyond ‘great Australian dream’: AMP

amp/Financial-planning/wealth-management/

Homeownership is no longer the predominant metric of wealth in Australia, according to new research from financial services giant AMP.

Read more about:

AUTHOR

‘Hard work starts now’: FPA/AFA merger to move forward

merger/FPA/AFA/Financial-planning/

With over 95% of both FPA and AFA votes in favour, the proposed merger of the entities into the Financial Advice Association of Australia (FAA) has been confirmed.

Read more about:

AUTHOR

New practice profile: Unite Wealth

new-practice-profile/financial-advice/charity/

Creating a charitable arm to your firm expands the ways you can support everyday Australians, shares this adviser.

Read more about:

AUTHOR

Is China an ESG champion?

ESG/China/macro-economics/

The “green superpower” has benefited from a surge in demand from ESG investors, despite continued concerns over the country’s social and governance practices.

Read more about:

AUTHOR

Former AMP advice MD joins Pengana distribution team

Pengana/AMP-advice/distribution/

Fraser Herd, former managing director of employed advice at AMP, has been appointed distribution manager at Pengana for the NSW region.

Read more about:

AUTHOR

Wealth segment bolsters CountPlus’ strong performance in 1H23

financial-advice/Countplus/ASX/

CountPlus has noted an 8% rise in reported revenue along with welcoming 31 net new advisers in the first

Read more about:

AUTHOR

APRA locks in rate buffer amid stability risks

regulation/Policy-&-Regulation/interest-rates/markets/

The prudential regulator has opted to maintain its macroprudential settings, citing a “high degree of uncertainty” in the economic outlook.

Read more about:

AUTHOR

ETFs record ‘tepid’ growth in 2022: Morningstar

morningstar/ETFs/retail-investors/vanguard/

Despite exchange traded funds’ (ETFs) increasing popularity amongst retail investors, assets witnessed slower growth compared to 2021, growing 4.9% in 2022.

Read more about:

AUTHOR

Westpac joins peers in revising cash rate outlook

westpac/interest-rates/RBA/inflation/

The major bank has revised its monetary policy expectations off the back of the Reserve Bank's hawkish rhetoric.

Read more about:

AUTHOR

Praemium earnings up, fund flows down

investment-platform/Funds-management/financial-reporting/strategy/

The investment platform has issued its first financial results update following the sale of its international business.

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 3 weeks ago

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

3 months 3 weeks 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 4 weeks ago

Advice firms are increasing their base salaries by as much as $50k to attract talent, particularly seeking advisers with a portable book of clients, but equity offerings ...

2 weeks 1 day ago

Ahead of the 1 January 2026 education deadline for advisers, ASIC has issued its ‘final warning’ to the industry, reporting that more than 2,300 relevant providers could ...

4 days 9 hours ago

The Financial Advice Association Australia has implored advisers to reevaluate their exposure to AML/CTF obligations ahead of new reforms that will expand their complianc...

3 weeks 4 days ago
moneymanagement logo