OpenInvest partners with BGL for data integration
Online investing platform OpenInvest has begun providing a data feed into software provider BGL’s Simple Fund 360 and Simple Invest 360.
August 31, 2023
Class appoints GM
SMSF software company Class has appointed Kate Anderson as general manager of operations.
August 31, 2023
AustralianSuper appoints international & private equity head
AustralianSuper has appointed Mark Hargraves as head of international and private equity.
August 31, 2023
Sequoia recruits Jonathan Trapnell from Synchron
Sequoia has appointed former Synchron head of adviser support Jonathan Trapnell to assist the group in managing its education and licensee partnership programs.
August 30, 2023
Equity or variable fees, Count succeeding both ways
Amid debate over the profitability of licensee businesses, Count has found continued financial success with practices under its variable fee model.
August 30, 2023
AMP hit with another BOLR loss in court
AMP has been ordered to pay interest on top of damages to Equity Financial Planners and WealthStone after the court again ruled against AMP in the Buyers of Last Resort class action.
August 30, 2023
Integro Wealth merges with Wealth Advantage
Private wealth firm Integro Private Wealth completed its merger with financial planning firm Wealth Advantage at the end of last week.
August 30, 2023
EQT distributes $122m in grants in FY23
Fiduciary service provider Equity Trustees gave out grants worth over $122 million in FY23, more than 32 per cent higher than the previous financial year.
August 30, 2023
Midwinter launches paraplanning program
Midwinter Financial Services has partnered with Scale Up Paraplanning, TNW Solutions, and Rocket Services to launch the Paraplanning Partners Program following a successful pilot phase.
August 30, 2023
How home ownership (or lack thereof) changes everything for retirees
With fewer people becoming homeowners and the incidence of people retiring as renters or with mortgage obligations increasing and set to rise further, retirement income targets need to be reset accordingly. Failing to take account of this fundamental societal change could see the superannuation system letting people down just when they need it most.
August 29, 2023
Purpose of super betrays ‘three pillars’: Coalition
The federal opposition says the government’s focus on legislating a purpose for the superannuation system fails to place sufficient priority on home ownership and the Age Pension, in breach of the conclusions of the 2020 Retirement Income Review. Shadow Minister for Finance and former superannuation minister Jane Hume says a “purpose of retirement” debate would better serve consumers.
August 29, 2023
