ASIC updates investor alert list
ASIC has released the new “investor alert list” so that consumers can check if an entity they are considering investing in is unlicensed, fraudulent, or a scam.
November 08, 2023
Australians anxious about money for retirement: MLC research
While most Australians are taking steps to strengthen their financial situation, many need additional support to achieve their financial goals and get ready for retirement, according to research from MLC.
November 08, 2023
Invesco appoints multi-asset strategy leader
Fund manager Invesco Australia has appointed Scott Bennett as its director of factor investing and multi-asset strategies, based in Melbourne.
November 08, 2023
Elixir Consulting and VBP join forces ahead of AI disruption
High-profile business coach to advisers, Sue Viskovic, will this month sell her consulting firm to Philippines-based outsourced paraplanner firm Virtual Business Partners. Over the 16 years she has advised the profession, Viskovic says the market has matured and is now better at articulating its true value. But both parties are preparing for major changes from artificial intelligence technology.
November 08, 2023
ART appoints head of investment resilience and planning
Australian Retirement Trust has appointed Jody Fitzgerald as head of investment resilience and planning, in a newly created role.
November 07, 2023
‘We’ll be ready in 3 days’ if QAR goes into effect
Preparing for the Quality of Advice Review reforms is a litmus test for practice adaptability, writes Plutosoft's Vincent Holland. Practices can begin to start preparing now because the law reform itself won't automatically make businesses more efficient.
November 07, 2023
Change to ‘qualified tax relevant provider’ definition
Advisers who are a relevant provider and a registered tax agent now satisfy the definition of a ‘qualified tax relevant provider’ without having to meet the requirements of Division 3 of Part 3 of the Relevant Providers Determination, according to an update from ASIC.
November 07, 2023
Impartiality or sales pitch: Asset-based fees under scrutiny
Advisers have been encouraged to review their fee structures as clients retire, with concerns about potential conflicts of interest from asset-based fees. PIFA president Daniel Brammall stresses the need for impartiality in financial advice, promoting alternative fee models like fixed fees and retainers. The goal is to build long-term client relationships and ethical business success.
November 06, 2023
BT stalwart Viridian gives CFS another edge
Viridian Advisory, a longstanding partner of Westpac/BT and a beneficiary of the big banks’ Wexit, has signed on as a “cornerstone client” of Colonial First State’s new platform, Edge. Still one of the largest users of Panorama, the relationship with former BT executives made for an easy connection at CFS.
November 06, 2023
Quinbrook launches carbon footprint reporting platform
Asset manager Quinbrook Infrastructure Partners has launched a digital platform, Quintrace, to help customers trace, audit and report their hourly carbon footprint.
November 06, 2023
BT’s PPM transition to Mercer successful
Mercer has announced that the transition of BT’s Private Portfolio Management business from Westpac Group to Mercer has been successful.
November 06, 2023
Diversity Council Australia reconfirms MetLife Australia as inclusive employer
Diversity Council Australia has recognised life insurer MetLife Australia as an inclusive employer for the second time.
November 06, 2023
