Pacific Current appoints acting CEO

Following the exit of Paul Greenwood to join GQG Partners, Pacific Current Group has appointed an acting chief executive.

AUTHOR

HMC Capital completes private credit acquisition

HMC Capital has completed its acquisition of private credit fund manager Payton Capital as it seeks to take advantage of the burgeoning opportunity in the asset class.

AUTHOR

ETFs continue as ‘flavour of choice’ for advisers

Demand for ETFs is only set to climb higher with over one-third of financial advisers planning to lift their ETF allocation in the next 12 months.

AUTHOR

ASIC makes first AFSL action of FY24–25

ASIC has suspended the AFSL of a Sydney advice firm, the first action it has taken in the new financial year.

AUTHOR

Iress completes investigation into cyber breach

Technology company Iress has revealed the findings of its internal investigation following a cyber incident earlier this year which affected its OneVue business.

AUTHOR

Count divests Bentleys WA business

Count has divested its Bentleys WA business for a lower purchase price than initially forecast.

AUTHOR

New practice launches under AMP Advice

An experienced financial adviser, who has been with AMP for nearly two decades, has launched his own Western Australia-based advice firm under AMP Advice’s licensee network.

AUTHOR

Onus falls on boutique AFSLs to recruit new entrants

The Financial Advice Association Australia’s Anne Palmer believes new entrants can no longer rely on large advice licensees for recruitment, leaving the obligation to smaller practices.

AUTHOR

Sequoia's Crole looks forward after Takeovers Panel verdict

Sequoia chief executive Garry Crole is looking ahead beyond business disruption as the licensee receives a verdict from the Takeovers Panel regarding whether there was unethical shareholder practice afoot.

AUTHOR

AI Boom Is Creating Opportunities for Renewables and Power Infrastructure

AUTHOR

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

GG

So shareholders lose a dividend plus have seen the erosion of value. Qantas decides to clawback remuneration from Alan ...

2 months 1 week ago
Denise Baker

This is why I left my last position. There was no interest in giving the client quality time, it was all about bumping ...

2 months 1 week ago
gonski

So the Hayne Royal Commission has left us with this. What a sad day for the financial planning industry. Clearly most ...

2 months 1 week ago

A Sydney-based financial adviser has been banned from providing financial services in the interest of consumer protection after failing to act on conduct concerns. ...

3 weeks 3 days ago

ASIC has cancelled the AFSL of a $250 million Sydney fund manager, one of two AFSL cancellations announced by the corporate regulator....

3 weeks 1 day ago

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

2 weeks 4 days ago