AMP sells off SuperConcepts
SMSF administration service SuperConcepts is the latest part of AMP’s business to be shipped off as the wealth manager continues to streamline operations. Former Count CEO Matthew Rowe will lead the company after the transition to private equity owners is completed.
June 08, 2023
Rowell to depart APRA
APRA deputy chair Helen Rowell will step down from her role at the end of June.
June 08, 2023
ART makes 3 executive changes
Superannuation fund Australian Retirement Trust has made three executive changes including within its advice and membership divisions.
June 08, 2023
Zenith & Chant West achieve B Corp certification
Global non-profit organisation B Lab has granted B Corporation certification to Zenith Investment Partners and Chant West.
June 08, 2023
An alternative path to diversification
Time has shown the worth of many alternative strategies operated by skilled fund managers, but Michael Collins writes it can be a complex sector to navigate.
June 08, 2023
Establishing a different defensive formation
Fixed income struggled to maintain it's defensive credentials during the chaotic market period caused by the Covid-19 pandemic. With bonds losing the benefits of uncorrelated returns to stocks, alternatives have presented an opportunity to diversify portfolios in rough market conditions.
June 08, 2023
Use of advisers stagnates among SMSFs: Investment Trends
Around a quarter of SMSF trustees have a financial adviser with the advice gap doing little to prevent demand being fulfilled – only one-in-five non-advised trustees have any interest in pursuing advice.
June 07, 2023
Challenger, Ensombl boost adviser resources amid persistent inflation struggles
Amid ongoing cash rate rises from the central bank to curb inflation, Challenger and Ensombl have published a joint resource that aims to support financial advisers in mitigating the rising cost pressure placed on retirees.
June 07, 2023
Former FSC head appointed as Ignition Advice chair
Digital advice firm Ignition Advice has appointed former Financial Services Council CEO Sally Loane as chair.
June 07, 2023
FSC releases updated template for TMDs
The Financial Services Council has released an updated template Target Market Determination for fund managers.
June 07, 2023
Fourth Line acquires AI assets from TIQK
Advice regtech firm Fourth Line has purchased the core intellectual property (IP) of defunct software company TIQK, including artificial intelligence (AI) and natural language processing (NLP) technologies.
June 07, 2023
Yarra announces appoints investment manager
Yarra Capital Management has appointed Jessica Ren as investment manager of its fixed-income team.
June 07, 2023
