The carrot-and-stick of adviser retention
If a licensee can’t achieve growth by attracting new advisers and practices then the next best thing it can do is to avoid shrinking by preventing those parties from leaving. Simon Hoyle writes that unfortunately PI insurance can be weaponised as part of the licensee switching process.
August 09, 2023
Hejaz Group launches direct Islamic pension product
Islamic Finance provider Hejaz Group has launched the Hejaz Islamic Super and Pension, the first account-based Islamic pension product to be directly offered to consumers in Australia.
August 09, 2023
Ignition Advice appoints Asia Pacific BDM
Advice technology company Ignition Advice has appointed Darren Speirs as business development director for the Asia Pacific region.
August 09, 2023
LifeBid launches equity crowdfunding campaign
Insurance company LifeBid has launched an equity raising campaign with crowdfunding platform Stride Equity.
August 09, 2023
Wealth Today growing practices, not ‘chasing advisers’
WT Financial Group has seen a 57 per cent boost in revenue largely due to scale, but group founder Keith Cullen has identified the next round of revenue increases will be achieved by growing the practices within the network rather than “chasing new advisers”.
August 08, 2023
Prime Value appoints heads of distribution & marketing
Boutique investment house Prime Value Asset Management has appointed Nathan Wares and Kate Mulham as head of distribution and head of marketing and communications, respectively.
August 08, 2023
Sequoia announces three senior hires
Sequoia Financial Group has picked up new hires from ASIC, WT Financial Group and Praemium across its operations, legal, and compliance divisions.
August 08, 2023
Surge in online superannuation searches: ART data
Online searches relating to superannuation have doubled over the last four years, according to data from Australian Retirement Trust.
August 08, 2023
Principal Asset Management appoints MD
Investment company Principal Asset Management has appointed Michael Goosay as the managing director of global fixed income and portfolio manager on select strategies.
August 08, 2023
Northern Trust appoints head of global fund services
Financial institution Northern Trust has appointed Caroline Higgins as head of global fund services in the Asia Pacific.
August 08, 2023
TAL named AFLW insurance partner
TAL will become the official life insurance partner of AFLW, the highest level competition for women’s Australian rules football, for three years.
August 08, 2023
