Ernst & Young

Funds management

Alts managers paying lip service to retail market

Alternative asset managers may view the retail and intermediary market as a “frontier for growth”, but figures from EY show 40 per cent say they plan to invest “nothing” ...

Funds management

Scale and consolidation to be at the ‘forefront’ in 2025

Expanded product ranges fuelled by M&A will be critical for wealth and asset managers to compete in 2025, according to EY’s wealth and asset management leader Rita Da Sil...

People & Products

Mercer appoints head of super

Tim Barber has been appointed as head of Mercer Super and will lead the Mercer Super Trust, when his position commences in May....

Financial planning

Responsibility lies with management: EY

Kenneth Hayne’s emphasis on culture signals clearly that responsibility for misconduct lies with the senior management and boards of the entities involved, an executive a...

Financial planning

CFPL gets qualified mark on EU undertakings

Commonwealth Financial Planning has sought an extension of time from the independent expert appointed to oversee the outcome of its enforceable undertaking (EU) over fees...

Life/Risk

Insurance incumbents not embracing innovation, report says

Australian insurtechs don’t believe industry incumbents are embracing start-up innovation fast enough, according to a new report....

Financial planning

Do planners need to become financial therapists?

New research has revealed changing client attitudes towards wealth management, with advisers needing to become financial therapists rather than asset allocators....