AZ NGA-backed firms merge to create multi-disciplinary practice
AZ NGA-backed advice firms Priority Advisory Group and Wise Planners will merge to form a large multi-disciplinary professional services firm specialising in wealth management, retirement planning, aged care, life risk insurance, and workplace financial advice.
September 13, 2023
The chosen paths: Directing members into retirement solutions
There are five possible pathways to retirement solutions, but only two are in place with the missing pathways all involving some form of trustee direction. The Conexus Institute’s Geoff Warren and David Bell write trustees will be pivotal in helping provide straightforward solutions to members who are disengaged or unprepared to pay for financial advice, leaving independent advisers to deal with those who want a comprehensive and highly personalised solution.
September 12, 2023
Hunters become hunted as super funds face greenwashing pressure
Australian super funds have been active in pressuring companies about their green credentials, but the shoe is now firmly on the other foot as funds themselves come under increasing scrutiny and pressure from regulators over claims made to market funds to current and prospective members. And they're not likely to be treated leniently.
September 12, 2023
HESTA appoints portfolio design head
Industry fund HESTA has appointed Dianne Sandoval as its head of portfolio design, responsible for the research and asset allocation processes to reach investment objectives.
September 12, 2023
New Quantum Holdings concludes Morrison Securities acquisition
Technology company New Quantum Holdings has recently concluded the last tranche of its $40.5 million acquisition of 80 per cent of equities clearing business Morrison Securities, from Sequoia Financial Group.
September 12, 2023
AustralianSuper invests $2.5b Vantage EMEA
Industry super fund AustralianSuper has invested $2.5 billion in Vantage Data Centers EMEA through a partnership with digital infrastructure firm DigitalBridge Group, making them key shareholders in the company.
September 12, 2023
The power of perpetual giving
Philanthropy is often front of mind for clients, but Independent Wealth Partners principal Shane Nicholas writes there are complexities to consider to maximise the benefit of giving.
September 11, 2023
Funds SA appoints CEO
South Australian government-owned investment corporation Funds SA has appointed its chief operating officer John Piteo as CEO following an extensive search process.
September 11, 2023
SuperConcepts appoints GM of quality & tech services
SuperConcepts has appointed Craig Stone as general manager of quality and technical services.
September 11, 2023
Making your advice practice more attractive to investors
With potential investors ranging from local licensees looking for a larger share of the pie or overseas investors enticed by Australia’s $3.4 trillion retirement pool, it’s never been a better time for advice businesses to make sure their practices are as attractive as possible to buyers.
September 08, 2023
