Wealth management is facing a “fundamental transformation” as 81 per cent of next-gen inheritors have said they will likely switch away from their parents’ wealth manager, while one in four advisers are looking to switch jobs.
Reacting to ASIC’s public and private markets discussion paper, research houses BondAdviser and SQM Research have detailed how they believe investors can be better protected from the risks of these funds.
Stockspot data has uncovered the top Australian suburbs boasting the greatest percentage of sustainable investors for financial advisers targeting these clients.
Netwealth’s chair Tim Antonie is set to depart after a decade spent on the board, with the firm naming his successor who will take up the position this September.
Schroders has listed an active ETF version of the Global Core Fund while making fee and distribution changes to its existing Real Return Active ETF in response to investor feedback.
Acadian Asset Management has launched an emerging markets equity fund for wholesale investors and intends to add it to platforms in due course.
With more than 4,600 advisers yet to meet the qualifications standards, the corporate regulator has once again urged relevant providers to check their Financial Advisers Register status.
The days of financial advisers being “all things to all people” are behind us, according to this founder, as the cost to serve passes $4,000.
ESG professionals are reporting salaries as high as $500,000, with the ESG hiring space welcoming greater stability following a transformative period.
Advised individuals are exhibiting higher optimism and confidence regarding their retirement, SSGA has found, with Australia ranking second for retirement preparedness.
