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?

AUTHOR

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.

AUTHOR

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.

AUTHOR

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.

AUTHOR

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.

AUTHOR

Relative Return: Staying engaged with super

Podcast Relative Return Sponsored by

AUTHOR

Insignia Financial trials four-day week pilot

insignia financial

Insignia Financial staff are to trial a four-day work week among multiple benefits agreed through a new enterprise agreement.

AUTHOR

Asset managers fear talent shortage

KPMG asset managers asset management recruitment hiring

Almost three-quarters of asset management chief executives globally are worried a lack of talent will negatively impact their growth, according to KPMG.

AUTHOR

FAAA urges literacy test to determine wholesale investors

phil anderson Parliament inquiry

The FAAA has told a parliamentary joint committee that instituting a financial literacy test could help ensure clients avoid being misclassified as wholesale investors.

AUTHOR

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

1 month 2 weeks ago

This verdict highlights something deeply wrong and rotten at the heart of the FSCP. We are witnessing a heavy-handed, op...

1 month 3 weeks ago

Interesting. Would be good to know the details of the StrategyOne deal....

1 month 3 weeks ago

SuperRatings has shared the median estimated return for balanced superannuation funds for the calendar year 2024, finding the year achieved “strong and consistent positiv...

1 week ago

Six of the seven listed financial advice licensees have reported positive share price growth in 2024, with AMP and Insignia successfully reversing earlier losses. ...

3 weeks 6 days ago

Original bidder Bain Capital, which saw its first offer rejected in December, has returned with a revised bid for Insignia Financial....

16 hours ago