Advisers’ expertise can benefit NFPs and charitable organisations
A fateful night in 2011 was the catalyst for Koda Capital CEO Paul Heath starting a decade-long stint as a director for type 1 diabetes charity JDRF. After his daughter was diagnosed, Heath was driven to use his skills in financial services to create better outcomes for those suffering from the disease. He says others in the sector can also help by lending their skills to the organisations that need them.
March 15, 2024
Iress sells UK mortgage business
Iress has entered a binding agreement to sell its UK mortgage sales and originations business to Bain Capital for a cash consideration of £85m ($A164.3m) before costs.
March 15, 2024
MFS appoints new CIO
MFS Investment Management has appointed Alison O’Neill as its chief investment officer, overseeing a 300-person investment team across equity, fixed income, quantitative solutions and global trading teams.
March 15, 2024
Managed accounts take-up plateaus but assets surge
The rate of growth in the use of managed accounts has plateaued in the past two years, but advisers that do use them are using them more than ever before, and inflows and assets have reached record levels.
March 15, 2024
APRA, ASIC publish FAR information pack
APRA and ASIC have published information to help banks, insurers and super funds prepare for the commencement of the Financial Accountability Regime (FAR).
March 14, 2024
First made redundant, then reinvented as Unbound
Charmaine Hall was made redundant after years in the institutional advice system. Last October she founded Unbound Financial in the belief that owning her own business is the best way to provide stability for her clients.
March 14, 2024
Super funds reduce Woodside, Santos exposure
Australia’s top 30 super funds have been reducing their investments in oil and gas producers Woodside and Santos over the past two years, relative to the Australian stock market, according to new analysis by Market Forces.
March 13, 2024
The evolution of advice and vertical integration 2.0
Advisers need products and services to help their clients implement advice. Some are developing it themselves, giving rise to Vertical Integration 2.0. But this time it may be different, with advice shaping the products offered, not vice versa, and 'crap products' not getting a look-in.
March 13, 2024
Workplace planning the key to retaining top talent
With a little effort and foresight, advice practices can mitigate the risk of two people with similarly critical roles in a firm resigning at the same time. Effective workplace planning is critical to avoiding business interruption and retaining good people.
March 13, 2024
Managed account FUM reaches $194.8 billion at December 31: IMAP
IMAP's Census of Managed Account FUM in conjunction with Milliman Australia shows that managed accounts FUM reached $194.8 billion as at 31 December 2023.
March 12, 2024
Advisers’ role crucial in optimising Australia’s aged care system
Financial advisers have a crucial supporting role in optimising aged care plans for older Australians, according to Aged Care Steps.
March 12, 2024
