UniSuper names head of fixed interest
UniSuper has appointed Mathew McCrum as its head of fixed interest.
March 26, 2024
Adviser track record essential for HNW women
Half of high net worth (HNW) women listed a “range of different investment options” as a top priority when engaging with a financial adviser compared to 34 per cent of men, according to research from JBWere.
March 25, 2024
No shortcuts to bridging the advice gap
Empowering financial advisers to deliver low-touch, low-cost services and to increase the number of clients they serve is probably a good thing, Simon Hoyle writes. But we need to be careful if the same services are also made available directly to the public, potentially bypassing the regulatory or consumer protections they’d get from seeing a “real” adviser.
March 25, 2024
End double-ups on AUSTRAC reporting: FAAA
During a consultation on the usage of external providers to fulfil compliance obligations for AUSTRAC, the Financial Advice Association says there should be a distinction between whether another party in the advice chain also has AML/CTF obligations or not, otherwise it adds a layer of redundancy.
March 25, 2024
Perpetual enlists Pendal’s front office manager
Perpetual has appointed State Street’s service company Charles River to manage the front office operations for its Australian asset management business.
March 25, 2024
We need a ‘feared’ corporate regulator: Bragg
The corporate regulator needs to show more proactivity in dealing with misconduct in the financial services system, according to Senator Andrew Bragg, who believes too long it has waited for scandals to build up in the media before acting.
March 22, 2024
Wholesale investor and client test PJC inquiry launched
The Parliamentary Joint Committee on Corporations and Financial Services has commenced an inquiry into the wholesale investor test and the wholesale client test for financial products and services.
March 22, 2024
‘Don’t worry but do prepare’ on QAR implementation
The last couple of years have seen relatively light change in regulation amid anticipated changes from the Quality of Advice Review. But while those changes are still a work in progress, two compliance experts say its best to focus on the now rather than an uncertain future.
March 22, 2024
Northern Trust appoints international enterprise client solutions head
Northern Trust has appointed Gary Paulin to the newly-created role of head of international enterprise client solutions.
March 22, 2024
Advice and mortgage broker kinship unlocks unexpected synergy
While merged advice practices can reap the benefits of scale and efficiencies, Viridian Financial Group has found the benefits of uncovering new processes and systems from outside its home industry due to its acquisition of mortgage broking firm Smartmove.
March 21, 2024
‘I want to give my clients the absolute best advice possible’: The value of education
A big believer in the education standard, Stellar Wealth founder Nicole Gardner completed her qualifications “at the hardest time” to do so. Going beyond what was needed under the education standard, she didn’t want any of her clients to miss out on a strategy or opportunity because she wasn’t informed enough.
March 21, 2024
ART appoints former regulator, govt official to board
Australian Retirement Trust has appointed former APRA deputy chair Helen Rowell and chancellor of Macquarie University Martin Parkinson as independent directors to its board.
March 21, 2024
