Two advice professionals have discussed why three-quarters of advisers looking to leave the industry in the next 12 months are under 40, and what can be done.
The 2023–24 financial year saw over 105,000 financial complaints filed to AFCA, with its chief ombudsman expressing disappointment in the 9 per cent year-on-year rise.
After a successful inaugural event last year, the Women in Finance Summit is returning in 2024 with more business insights and networking opportunities.
ASIC has suspended the Australian financial services licence of a Melbourne fund management firm.
ASIC has banned a financial services director for 10 years and cancelled the AFSL of his company for his “cavalier attitude” to financial services laws, including inappropriate advice and failing to act in clients’ best interests.
Shadow minister for financial services, Luke Howarth, has reassured the industry that the Coalition “won’t go back to the drawing board” when it comes to implementing the Delivering Better Financial Outcomes reforms if elected next year.
Concerns have been raised about “fly by night” private credit managers and why advisers should be wary when it comes to their fund selection.
Financial advisers are finding they are able to increase profits at their practices with fewer clients, according to Investment Trends, allowing them to focus their attention on a smaller client base.
The Sydney-based financial advice practice has appointed two new partners to meet rising client demand, particularly driven by the influx of intergenerational wealth transfer clients.
Following changes to a Schroders sustainable fund, JPMAM has announced it will close two of its sustainable strategies.
