Industry Updates

North managed portfolios pass $9b in AUM

The managed portfolio range inside wrap investment platform North has grown by 420 per cent in the past two years, passing $9 billion.

ETFs under-utilised in portfolios despite explosion of options

ETF funds under management fell slightly in Australia last year, but as the range of ETF options grows in the marketplace, financial planners are cautiously increasing their usage.

Choosing the right active ETF for clients

Active ETFs only make up a fraction of the over 200 ETFs listed on the ASX, but advisers still need to take their due diligence to find the right product that suit client needs.

TAL Risk Academy unveils adviser Code of Ethics series

TAL Risk Academy is launching ‘Ethics Month’ in May which will broadcast four CPD webinars focused on the financial adviser Code of Ethics.

Janus Henderson appoints fixed interest strategist

Janus Henderson has appointed Emma Lawson as fixed interest strategist in macroeconomics.

The role equity income ETFs can play when navigating market volatility

An uncertain market outlook is prompting some investors to be creative and to be outcome-oriented, employing strategies that allow them to stay invested through various market conditions while hedging against down-market volatility. Among these strategies are exchange-traded funds that aim to generate income through equity options-based solutions.

Betashares bolsters adviser services team

Fund manager Betashares has appointed John Bezich as state manager for Western Australia.

‘No doubt’ advocacy is number one priority: FAAA

The newly-combined Financial Advice Association will use next week’s roadshow to encourage existing members to renew membership. The FAAA will make stronger advocacy its top priority after listening to feedback from members.

JAWG wants quick wins but still backs ‘good advice’

In an open letter to the Minister, the Joint Association Working Group has sought to maintain consensus support of the Quality of Advice Review proposals but has accepted the Minister’s view that changes are best made in stages.

Life insurance critical to objective of super: MLC Life

MLC Life Insurance has made the case for group insurance in a submission to the federal government’s consultation paper on legislating the objective of superannuation.

Climate Council appoints philanthropist and RBA board member as chair

Prominent business and community leader Carol Schwartz has been appointed as the chair of the Climate Council.

Balancing stakeholders’ interests – Why it doesn’t work in a profession

Reducing the cost of financial advice is a worthy cause, but should not be pursued until the industry understands and embraces the true meaning and practical consequences of being a profession, writes Robert M C Brown.

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