FAAA launches Career Centre for advice profession
The Financial Advice Association has launched its Career Centre, an online resource for employees, job seekers, and career changers in the financial advice profession.
November 14, 2023
Infocus invests in Wealth Connexion
Infocus has taken an undisclosed equity position in advice business Wealth Connexion in Brisbane, which will in turn acquire several retail practices formerly held by Infocus.
November 14, 2023
Gen X, Y most optimistic about retirement lifestyle: Aware Super
Australians with over 20 years left in the workforce are twice as likely to expect a more luxurious standard of living in retirement than they have today, according to new research by Aware Super.
November 14, 2023
Gen Z more concerned about finances than other generations: ASIC
Finances are a major concern for seven in ten Gen Zs (68 per cent), more than any other age group (57 per cent of non-Gen Zs), according to new research released by ASIC’s Moneysmart program.
November 14, 2023
TAL pays $2b in claims in last six months
TAL has paid $2 billion in claims during the last six months, according to an update from the life insurer.
November 14, 2023
Fortnum and AZ NGA firm acquire Australian Unity’s advice business
Licensee Fortnum Private Wealth and AZ NGA-owned professional advisory firm Nestworth Financial Strategists have partnered to acquire Australian Unity’s financial advice business.
November 13, 2023
Over 25pc of energy generation faces high climate risk: Research
Over 25 per cent of Australia’s energy generation currently falls into the three highest climate risk categories, according to the first version of the new Climate Risk Index released by insurer Zurich and consulting firm Mandala Partners.
November 13, 2023
The ever expanding role of AI in advice
AI’s role in financial services is continuously evolving. Licensees like Diverger are working with an AI partner to automate the production of quality file notes, but concerns about data access and regulation persist.
November 10, 2023
ASIC’s HESTA fine only scratches the surface on product labelling
The corporate regulator has taken HESTA to task for alleged “misleading marketing” regarding 10-year performance figures in its ‘balanced growth’ option. But while ASIC is right to insist funds advertise transparently and accurately, Aleks Vickovich writes the adjacent issue of risk categorisation and product labelling warrants more of its attention.
November 10, 2023
