Industry Updates

MLC Life appoints COO and CPO

MLC Life Insurance has appointed Jane Murray and Kristin Miller to the roles of chief operating officer and chief people officer, respectively. 

Betashares launches currency hedged version of FTSE 100 ETF

ETF manager Betashares has launched a currency hedged version of its FTSE 100 ETF on the ASX.

Financial stress takes a heavy toll: Rest survey

The latest survey by a profit-to-member super fund Rest has revealed that financial stress and cost-of-living pressures are taking a toll on the mental health and outlook of its young members.

Requirement met for AMP Capital domestic sale met

AMP and Dexus Funds Management have confirmed the requirement needed to complete the sale of AMP Capital’s real estate and domestic infrastructure equity business Collimate Capital has been met.

General advice tipped for post-QAR evolution

While not the top priority of the reform list off the back of the Quality of Advice Review, general advice is set to redevelop in the post-QAR world.

Clients willing to vote against ‘unfavourable’ financial services policy

Almost nine out of ten clients of advisers say they are are willing to vote against unfavourable financial services policy, according to research from CoreData. But while the majority of clients are interested in discussing the impact of government policies and macro events on portfolios, less than a fifth consider advisers a valued source of political information.

Diverger receives rival acquisition offer

Diverger has confirmed in an announcement to the ASX that it has received a non-binding offer to be acquired by COG Financial Services.

FAAA names Gwen Fletcher Memorial Award winner

The Financial Advice Association has named Andrew Dickinson as the winner of the Gwen Fletcher Memorial Award for semester two of 2023. 

Schroders appoints equities analyst

Schroders Australia has appointed Elise Kennedy as equities analyst, with responsibilities encompassing technology, healthcare providers/logistics, small cap general retail, and office property trusts.

A good advice practice or a great one, it’s better by design

Recent research has confirmed that there's a sizeable gap between the best-performing advice firms and the rest. But whether a business owner's plan is to have a great business or a good one is really not the most important thing, as long as it's by design.

Time spent onboarding clients is worth the sunk cost

The phenomenon of too many clients and not enough advisers means advisers can be selective about the clients they will take on. Getting it right can take time, and time equals money, but the investment is worth it in the long run.

Rising volatility calls for swift adviser action

Financial advisers must be increasingly nimble, agile, and flexible in the current volatile economic and geopolitical environment, according to Asia Group partner and chair Arthur Sinodinos. 

Previous Next