‘Never felt out of my depth’: Levy confident she was right to lead review
While the industry awaits the Government’s response to the Quality of Advice Review recommendations, review lead Michelle Levy has remained steadfast that she was the right person for the role.
February 01, 2023
Funds SA CEO to step down after 8 years
Funds SA CEO Jo Townsend will step down later this year, remaining in the role while the board undertakes a selection process for her successor.
February 01, 2023
HUB24 appoints chief people officer
Adviser investment platform HUB24 has appointed Amy Rixon as chief people officer.
February 01, 2023
APRA announces executive appointments and structure changes
APRA has announced changes to its structure, including new appointments to complement the existing member and executive director group.
February 01, 2023
Maple-Brown Abbott partners with Hyde Park Investment
Boutique investment manager Maple-Brown Abbott has partnered with Hyde Park Investment to distribute its UCITS funds in the UK and several other European countries.
February 01, 2023
Super on PPL drastically improves retirement balances: HESTA modelling
Modelling from industry fund HESTA has revealed that paying super on the Commonwealth Parental Leave Pay scheme and better targeting tax concessions could significantly improve the retirement balances of critical health and community services professionals.
January 31, 2023
Ord Minnett appoints head of institutional research
Wealth management group Ord Minnett has appointed Alastair Hunter as head of institutional research. Hunter has over 32 years of experience in equity research and financial markets. He was rated number one bank analyst while working as head of research at Goldman Sachs/JBWere.
January 31, 2023
Portfolio concentration: Time to question conventional wisdom?
The industry has often coalesced around star managers with unique stocking picking skills, but the data suggests that concentrated funds focused on a few equities don't offer improved alpha over greater diversification.
January 31, 2023
Make your vote count
The legitimacy of a merged FPA and AFA hinges on how many members of each association turn out to vote almost as much as it does on the vote itself. With the vote commencing in February, it’s critical as many members as possible have their say at this historical moment.
January 31, 2023
AMP acquires Nano home loan book
AMP Bank has acquired Nano’s residential mortgage portfolio, adding approximately $400 million in loans to its residential mortgage book.
January 31, 2023
‘Tougher nut to crack’: Foreign tech may think twice about coming down under
The backdrop of a shrinking adviser base has made business growth in Australia a challenge for advice tech providers, and wealth tech consultant Finura Group predicts foreign companies have begun to realise the local market and superannuation system presents a unique set of complexities.
January 30, 2023
