Lights, camera, action: Video SOA appeal leads to EFS acquisition
Praising its application of video SOAs, Viridian Financial Group acquired boutique wealth advisory firm Enlightened Financial Solutions.
April 19, 2023
Stropro sees strong inflows, citing access to alternatives
Investment platform Stropro has reported inflows of $100 million in the last three years citing “rapid growth” in alternatives from high-net-worth investors (HNWIs).
April 19, 2023
Future Fund appoints ex Carlyle MD to head up PE team
The Future Fund has appointed David Bluff from US private equity giant Carlyle Group to head up its private equity team, reporting to deputy chief investment officer Alicia Gregory.
April 19, 2023
DASH hires 10 staff following capital raise
Financial advice platform DASH Technology Group has hired 10 staff across several teams after the fintech company completed a capital raise in March.
April 19, 2023
The sun won’t set on the experience pathway
Treasury has released the draft bill for the experience pathway which will retain the original 10-year, clean record proposed by Minister of Financial Services Stephen Jones at the end of 2021. The government has recognised flaws in the FASEA degree approval process and new entrants can seek confirmation of their qualifications from the Minister.
April 18, 2023
What is the purpose of super?
Compulsory superannuation in Australia is a true success story. However, the absence of an objective for the system has brought challenges – especially as it was initially developed in an era when the Australian superannuation industry was very different from what it is today.
April 18, 2023
SG Hiscock & Company commences abrdn wholesale distribution partnership
Effective officially from today, SG Hiscock & Company has become the wholesale distribution partner of abrdn in the Australian market.
April 18, 2023
Ecstra appoints former ACCC deputy chair to its board
The not-for-profit Ecstra Foundation, which works to build up people’s financial capability and wellbeing, has appointed Delia Rickard to its board.
April 18, 2023
SMSF Association appoints membership development head
The SMSF Association has appointed Neil Sparks as head of membership and corporate development.
April 18, 2023
Brighter Super & SPSL to complete $29b merger
Brighter Super will merge with SPSL Master Trust (SPSL) on 31 May 2023 to create a $29 billion super fund with over a quarter of a million members, the first between a not-for-profit and retail super fund.
April 18, 2023
Indexation and contributions opportunities now and from 1 July
There several implications of the general transfer balance cap being indexed from 1 July this year. In this technical article, Insignia Financial head of technical services Jenneke Mills writes while new contribution opportunities may become available to high balance clients from 1 July, there are also opportunities to enable greater contributions.
April 17, 2023
