Two-thirds pass November adviser exam
Some 66 per cent of candidates have passed the 23rd adviser exam, which was held in November, according to an update from ASIC.
December 15, 2023
AustralianSuper brings death claims management in-house
AustralianSuper has changed its membership service model to internalise the death claims and complaints processes, while announcing that it’s signed a memorandum of understanding to negotiate an extension for Link Group to provide core administration services until at least 2028.
December 15, 2023
AMP updates self-licensed adviser service offering
AMP has updated its offering for self-licensed financial advisers, Jigsaw Advice Solutions, with the aim of helping improve service efficiency.
December 14, 2023
Govt releases draft legislation for adviser exam changes
The government has introduced draft legislation to modify the financial adviser exam by adding more multiple choice questions and opening up who can sit the exam.
December 14, 2023
ART grabs Mercer executive to succeed Reilly as CEO
Australian Retirement Trust has appointed Mercer executive David Anderson as chief executive, replacing Bernard Reilly who resigned earlier this year.
December 14, 2023
Super fund advice expenses near $2b a year
Expenses reported by superannuation funds to provide financial advice to members have continued to climb, and that’s even before funds properly fulfill their Retirement Income Covenant obligations and react to the government’s Quality of Advice Review proposals.
December 13, 2023
FAAA welcomes revised ATO guidance on advice fee tax deductibility
The Financial Advice Association has welcomed the Australian Taxation Office’s revised guidance on tax deductibility of financial advice fees, suggesting that it’s a positive development in clarifying relevant rules.
December 13, 2023
Sequoia acquires its legal service provider
Sequoia Financial Group has acquired its legal service provider Australian Business Structures (ABS) for a cash consideration of $2 million.
December 13, 2023
AusSuper expands Churchill Asset Management partnership to US$1.5b
AustralianSuper has upped its partnership with Nuveen affiliate Churchill Asset Management to US$1.5 billion ($2.3 billion).
December 13, 2023
