How much were CSLR’s first payouts?

The Compensation Scheme of Last Resort has made its first payouts to victims since launching in April, with three claimants having been the victims of poor financial advice.

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BDMs feel the heat amid alternatives popularity

BDMs specialising in equities and fixed income report their bonuses are coming under pressure as investors opt for alternatives, but salaries can still reach as high as $450,000, according to Kaizen Recruitment.

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‘Man is not an island’: Should you scale up a micro-AFSL?

Two industry professionals have shared lessons for self-licensed firms amid the debate over scaling up a financial advice business.

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Count seeks to grow market share with brand hire

Count has appointed Leah Hitchings in a newly created role of group head of brand and experiences as the licensee looks to grow market share.

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Negative screening debunked: What advisers should know

As more investors seek to exclude poor ESG performers from their portfolios, Zenith’s Dugald Higgins demystifies the complexities around negative screening and the purposes it serves.

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BlackRock’s latest ETF to provide advisers with global diversification

BlackRock Australia has announced it intends to launch an emerging markets ex-China ETF this month to give greater diversification to Australian investors.

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Inflation uncertainty makes retirement planning harder

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‘Step up or step out’, Howarth tells Jones

Shadow minister for financial services, Luke Howarth, has described his counterpart Stephen Jones as being “asleep at the wheel” when it comes to financial advice.

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VanEck targets adviser market with multiple hires

ETF provider VanEck has added four new hires as it seeks to increase its market share with financial advisers.

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DASH introduces wellbeing advice solution

Financial advice software provider DASH has partnered with HealthyMe Digital to launch a new solution for advisers and clients providing health and wellbeing content.

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