ASIC releases pass mark for June sitting

ASIC exam financial advice adviser exam

ASIC has released the exam results for its June sitting of the financial adviser exam.

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2024 adviser gains in doubt after heavy June losses

Wealth Data adviser numbers Colin Williams financial advisers

The 2024 calendar year is now expected to report bigger losses than 2023, despite a strong start, as the last two weeks of June have seen heavy triple-digit adviser losses.

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Magellan reports 72% performance fee rise

Magellan fund management Andrew Formica Sophia Rahmani

Funds under management at Magellan were largely flat in June as the asset manager reports a 72 per cent rise in performance fees for FY23–24.

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Ausbil wholesale distribution head exits

Ausbil distribution hires appointments australian equities

Ausbil Investment Management has announced its head of wholesale distribution is to depart after 17 years with the fund manager.

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Regal Partners reflects on M&A impact on results

regal Regal Partners Limited financial results

The specialist alternatives investment manager has provided an FUM update for the June quarter as its M&A activity drives net inflows higher.

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First Delivering Better Financial Outcomes bill passed

quality of advice review Stephen Jones Parliament

The first Delivering Better Financial Outcomes bill has now passed both the Senate and the House of Representatives.

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DBFO bill passes Senate

senate Stephen Jones quality of advice review

The Delivering Better Financial Outcomes bill has been passed in the Senate following amendments.

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What does Bragg’s final ASIC inquiry report recommend?

andrew bragg senate Senate Economics Committee ASIC regulation

Senator Andrew Bragg has released the final report of the ASIC inquiry, making 11 recommendations as to how the corporate regulator can be improved.

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Relative Return: Advisers’ role in supporting the retirement transition

Podcast Relative Return Sponsored by

In this latest episode of Relative Return, host Maja Garaca Djurdjevic speaks with Justine Marquet, head of technical services at Allianz Retire+, to discuss the financial and emotional challenges that consumers face as they approach retirement.

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