Close to half of CFA Level III candidates pass the exam
CFA Institute has announced that of 16,035 candidates worldwide who sat for the Level III Program exam in August 2023, 47 per cent passed.
October 27, 2023
Succession planning and a focus on advice drive practice performance
Successful financial advisory firms allow advisers to focus on delivering more advice to more clients, support their advisers with more staff and have a clearer focus on succession planning than firms that perform less well, according to Macquarie’s 2023 Financial Advice Benchmarking Report.
October 26, 2023
AFCA tells funds to review death benefit payout processes
Superannuation funds continue to struggle with limited resources to pay out claims in a timely manner, prompting a spike in complaints. Ombudsman Heather Gray has urged funds to review their processes and procedures.
October 26, 2023
WT Financial Group appoints NED
ASX-listed advice group WT Financial Group has appointed Chelsea Pottenger as a non-executive director, replacing Michael Harrison, who is retiring from WTL to focus on external commercial interests.
October 26, 2023
TelstraSuper introduces new retirement income offering
TelstraSuper has launched a new retirement income product, RetireAccess Lifetime Pension, designed to give retirees more confidence to spend money without fear of their savings running out or being eroded.
October 26, 2023
Magellan CEO David George steps down
Magellan Financial Group CEO and managing director David George has departed the business. The group has appointed a new executive chairman, Andrew Formica, while it searches for a replacement.
October 26, 2023
Challenge identifies Australia’s best financial planning students
Three Deakin University students have won the 2023 AMP University Challenge. The competition put participants through a series of tests, including a mock interview with an unexpected twist. It proved challenging, but the students embraced the opportunity to test their skills beyond academia.
October 25, 2023
Minchin Moore appoints former Morningstar MD
Independent private wealth firm Minchin Moore has appointed former Morningstar Australia and New Zealand managing director Jamie Wickham to its team.
October 25, 2023
Betashares launches new investing platform
ETF manager Betashares has launched Betashares Direct, a platform with zero brokerage fees for self-directed retail investors looking to invest in any ETF on the ASX.
October 25, 2023
Fidelity launches global long-short fund in Australia
Fidelity International has launched the Fidelity Global Long Short Fund in Australia.
October 25, 2023
The advice entrepreneurs harnessing technology to serve more clients
A growing number of financial advisers are deviating from the traditional path of back-to-back client meetings and instead harnessing technology to serve clients and to make advice more affordable and accessible.
October 24, 2023
