AZ NGA acquires stake in Foster Raffan iPlan
Professional services company AZ NGA has acquired a stake in financial advice firm Foster Raffan iPlan, and to help support the business in growth and expansion.
July 31, 2023
‘Very few, mate’: Ex-advisers aren’t keen to work in support roles
Advisers who have left the profession post-FASEA have not been willing to return to the industry in support roles, according to specialist recruiters. With the few newly qualified advisers leveraging their qualifications to go directly into becoming associate advisers, this has left a depleted pool of talent for support roles.
July 28, 2023
The power of values: Building a strong foundation for advice businesses
It is easy for small businesses to overlook setting strong company values, but Elixir Consulting founder Sue Viskovic writes having well configured values serve as guiding principles that direct the behaviour and decisions of everyone within the organisation.
July 28, 2023
ASIC imposes stricter AFSL conditions on Shartru
ASIC has imposed additional conditions on the AFSL of Shartru Wealth Management after targeted surveillance by the regulator found the licensee was not adequately monitoring and supervising its representatives.
July 28, 2023
Franklin Templeton nabs Future Fund senior alternatives specialist
Franklin Templeton has appointed Chenelle de Rozario Harding as a senior alternatives specialist.
July 28, 2023
Bravura makes interim CEO permanent after global hunt
Bravura Solutions has appointed Andrew Russell as group CEO and managing director following an extensive global search process.
July 28, 2023
T. Rowe Price appoints APAC ESG investment specialist
Investment management firm T. Rowe Price has appointed Caroline Ramscar as an ESG investment specialist for the APAC region.
July 28, 2023
Insignia embarks on major shake-up of licensee business
Insignia Financial will create a company to house three of its licensees – RI Advice, Consultum and TenFifty – with the aim of selling off a majority stake to aligned practices over time. It’s part of an overhaul of the company’s advice licensing arm, under which Godfrey Pembroke and Millennium3 will also be sold.
July 27, 2023
Death knell for the traditional insto dealer group model
Five years after Kenneth Hayne swung a wrecking ball through the business model of vertically integrated financial advice, Australia’s largest advice provider is tellingly abandoning the last vestiges of the institutional licensee model, writes Aleks Vickovich.
July 27, 2023
Bentham Global Income Fund added to CFS platform
The Bentham Global Income Fund has been added to the CFS First Choice platform.
July 27, 2023
