Insignia reorganisation aims to simplify complex beast
A raft of acquisitions of wealth brands in a post-Hayne royal commission world created an unprofitable and complex mess for Insignia, Simon Hoyle writes. But new CEO Scott Hartley’s restructure separates the business lines in a way it can better identify and challenge its competition.
July 11, 2024
FNF partners with Morningstar on indigenous financial education
First Nations Foundation has joined up with Morningstar to launch the first investment education and training course created specifically for Aboriginal and Torres Strait Islander people.
July 11, 2024
Adviser salaries eclipsed by rising inflation
Financial adviser salaries have not kept pace with inflation since the turn of the millennium, according to research from recruitment firm Recruit 2 Advice. In 2000, the average adviser salary was $110,000 which has risen to $165,000, but based on inflation it should be much higher.
July 10, 2024
Can advisers trust their software providers with data security?
In an era where security breaches and cyber incidents are a question of ‘when’ rather than ‘if’, advisers need to be particularly selective when choosing their technology providers.
July 10, 2024
Fintech Padua appoints key accounts director
Financial technology firm Padua has appointed Katie Cirjak as key accounts director.
July 10, 2024
MetLife announces product updates
MetLife Australia has announced updates to MetLife Protect and MetLife Protect Super, effective from 30 June 2024.
July 10, 2024
Financial future of next gen front-of-mind for clients
Amid a cost of living and housing crisis, clients are becoming more worried about their children’s financial affairs more than their own. This presents an opportunity for advisers to assess how much help those clients can offer without impacting their own retirement goals.
July 09, 2024
REST increases investment in real estate debt
REST has upped its investment in Australian asset manager Metrics Credit Partners’ Real Estate Debt Fund (REDF), which will be deployed into Australian commercial real estate loans across sectors including residential, industrial and specialised real estate assets.
July 09, 2024
Bombora appoints growth manager to bolster risk network
Bombora Advice has appointed David Mounsey as business growth and development manager, a newly created role to strengthen Bombora’s risk specialist marketplace.
July 09, 2024
Business is increasingly risky, giving good advice is not
The biggest risks facing advice businesses are not what advisers think they are, Entireti Group’s Neil Younger writes. However, this doesn’t preclude practices from taking a proactive approach to mitigating risk.
July 08, 2024
Advisers cop another multi-thousand-dollar ASIC levy
FY24 ASIC levy figures released by the regulator show the high cost will stay for another year. The figures come just a week after a Senate committee led Liberal Senator Andrew Bragg recommended shifting the funding model to being reliant on the proceeds of regulatory fines and penalties.
July 08, 2024
