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More than 100 new entrants have joined the financial advice profession so far in FY25, according to Wealth Data analysis, while AMP’s exit from advice will create a licen...

Financial planning • 8 August 2024

Federated Hermes has expanded its Australian and APAC distribution team with a newly created role....

Funds management • 9 August 2024

Iress has appointed Insignia Financial’s former general manager of master trust and insurance products as its newest CEO of superannuation, who will take over from Paul G...

People & Products • 9 August 2024

While ETFs are growing in popularity with advisers, there is a growing divide in demand between those which are index and active, and advisers are “unconvinced” by the ac...

Funds management • 9 August 2024

As the number of new entrants to the industry passes 100 for FY25, ASIC reports that firms are finding it a positive experience and has highlighted three areas to improve...

Financial planning • 9 August 2024

With the exit of over 1,000 advisers from AMP, questions have been asked as to how this will affect assets on the North platform. ...

Financial planning • 9 August 2024

Once the AMP advice sale to Entireti is completed, the size of the combined licensees will be almost double that of the second-largest licensee Count, and the deal is bei...

Features • 9 August 2024

Northern Trust Asset Management has strengthened its investment stewardship capabilities by welcoming a new global head of stewardship who joins after 30 years at UBS Ass...

Funds management • 12 August 2024

US fund manager T. Rowe Price says it is committed to Australia despite closing its Australian equities strategy with a focus on global equity funds for the intermediary ...

Funds management • 12 August 2024

Former federal MP Julia Banks insists that all women can use their personal power to advocate for a more inclusive workplace and support other women....

Financial planning • 12 August 2024

Licensee WT Financial Group has shared its indicative results for the 2023–24 financial year, including the impact of the Millennium3 acquisition from Insignia Financial....

Financial planning • 12 August 2024

Fund manager PM Capital has expanded its intermediary distribution team in regional Australia with an appointment from State Street Global Advisors....

Funds management • 12 August 2024

Monthly net flows into ETFs have surpassed $3 billion for the first time in July, as investors utilise the new financial year as an opportunity to enhance their portfoli...

Funds management • 12 August 2024

Two financial advisers have identified the “magic number” of advisers within a practice to achieve maximum efficiency and greater work/life balance....

Financial planning • 12 August 2024

Private equity represents a vital cog in any economy and these funds can unlock considerable value in private companies and lead to strong investment returns, writes Tony...

Expert Analysis • 12 August 2024

BlackRock has promoted Tomoko Ueda as its new chief operating officer for Asia Pacific....

Funds management • 13 August 2024

The trading platform has uncovered the top 10 most traded ETF products by its users in FY24, with Vanguard unsurprisingly dominating the top three positions....

Funds management • 13 August 2024

Vanguard demystifies the key differences between ETFs and LICs, ranging from market exposure to the payment of dividends and fee deviations....

Funds management • 13 August 2024

Money Management understands there are around 90 objections to the AMP buyer of last resort class action, with a settlement hearing due to take place at the end of August...

Financial planning • 13 August 2024

Pacific Current Group has entered into an agreement to sell a portion of its stake in global private credit manager, Victory Park Capital Advisors, to US asset manager Ja...

Funds management • 13 August 2024
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MARKET INSIGHTS

So we are now underwriting criminal scams?...

2 months 2 weeks ago

Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...

2 months 3 weeks ago

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

4 months 3 weeks ago

ASIC has suspended the Australian Financial Services Licence of a Melbourne-based financial advice firm....

6 days 20 hours ago

The corporate regulator has issued infringement notices to three AFSLs whose financial advisers provided personal advice to a retail client while unregistered....

1 week 5 days ago

ASIC has released the results of its first adviser exam to be held in 2025, with 241 candidates attempting the test....

2 weeks 3 days ago