AFCA aims to refine complaints process with consultation
The complaints authority has opened a public consultation on recommendations from the Treasury-led review in 2021. Changes around improving complaint handling efficiency and timeliness are among the key proposals.
March 29, 2023
Cboe Australia launches first local offering
Cboe has launched the first phase of its first Australian offering, Cboe BIDS Australia.
March 29, 2023
Reducing data intake is not a viable risk mitigation strategy
The advice profession requires gathering as much data to fully utilise the skills of a planner to give informed advice. Paul Moran writes gaining consent for data collection comes with ethical responsibilities for usage and security.
March 28, 2023
Managed accounts hit new high amid slowing growth
Managed account growth slowed in 2022 despite years of double-digit expansion. IMAP chair Toby Potter attributes the lull to the challenged regulatory environment for advice but remains optimistic for the future.
March 28, 2023
Advisers increase usage of capital notes: AUSIEX data
Data from AUSIEX shows hybrid securities recorded the highest traded value in December 2022 since at least 2018, more than double that of the value in the previous December.
March 28, 2023
Antipodes appoints Magellan research head as portfolio manager
Investment manager Antipodes has appointed Magellan Asset Management head of research Vihari Ross as a portfolio manager.
March 28, 2023
Money talks but other incentives are louder
It takes more than money for advice firms to stand out in the employee marketplace and with two-thirds of practices looking to hire this year, businesses will need to be loud and clear on the incentives they offer according to a report.
March 27, 2023
Member comms go up as returns slide
Super funds are boosting their communications and experiencing heightened demand for advice as volatile investment markets unnerve members.
March 27, 2023
Broad consensus for Australia’s sustainable finance taxonomy
The Australian Sustainable Finance Institute’s final taxonomy recommendations report has found that there is broad consensus across the finance sector, industry, civil society, and real economy actors on the key design elements of an Australian sustainable finance taxonomy and its rapid development.
March 27, 2023
Apostle launches global carbon credit fund
Apostle Funds Management has launched its Global Carbon Credit Fund, which offers exposure to global carbon markets for sophisticated and institutional investors.
March 27, 2023
