Rest to establish in-house global equities management capability with new hire
Industry super fund Rest has appointed Richard Mercado as its head of internal global equities, tasked with building an internal global equities management capability.
November 09, 2023
Consumers confused over ESG and sustainability: CFS research
Research from Colonial First State has found that Australian consumers are confused by sustainability claims and cannot differentiate between ESG investment options.
November 09, 2023
FAAA appoints university and student programs head
The Financial Advice Association has appointed Louise Trevaskis as head of university and student programs as part of its strategy to bring more graduates into the financial planning profession.
November 09, 2023
Complii and Praemium enter strategic partnership
Capital markets platform Complii Fintech Solutions has partnered with investment platform Praemium to actively engage in cross referrals, encouraging clients to explore the comprehensive services offered by both businesses.
November 09, 2023
Investment committees benefit all advice models
Investment committees are often viewed as a way for financial advisers to have a degree of separation from the fund allocation process to help reduce conflicts, but that benefit can extend to other business models, even investment-focused practices.
November 08, 2023
Funding cut for ‘resounding success’ women in advice mentoring program
Touting the women in advice mentoring program a “resounding success”, the FAAA has lamented its discontinuation for 2024, citing a lack of funding after the government pulled support. It’s a setback amid efforts to move the dial on a male-dominated profession.
November 08, 2023
Risk inflows increase in FY23 but sales decline: PFL data
Year-on-year risk inflows rose 2.1 per cent in FY23 compared to the previous financial year, but risk sales finished down according to data from Plan for Life.
November 08, 2023
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
