Praemium H1 inflows drop 53pc
Praemium has seen inflows cut in half during the first half of the new financial year with half-yearly net inflows dropping 53 per cent from $2.19 billion to $1.02 billion.
January 20, 2023
‘We want to see it limited’: FPA eyes damage limitation for experience pathway
Financial services minister Stephen Jones will push on with the experience pathway, but the Financial Planning Association is working to prevent the impact a carve out of the education standard will have on the professional standing of the advice industry.
January 19, 2023
Semi-retirees worry about money the most
41 per cent of semi-retirees worry about money every week because they are not in the ‘groove’ of retirement, a study from Fidelity and MYMAVINS has found.
January 19, 2023
Govt consulting on policy to use super funds of child abusers for compensation claims
Treasury has released a consultation paper outlining two complementary proposals that would provide for the release of a child sex abuser’s superannuation for the purpose of satisfying unpaid compensation claims.
January 19, 2023
Netwealth sees 10pc FUA boost and enhanced offerings to end 2022
Netwealth has seen a 10 per cent boost in funds under administration despite negative market movements.
January 19, 2023
Matthew Rowe joins Kofkin Bond & Co as advisory board chair
Former CountPlus CEO Matthew Rowe has joined financial advisory group Kofkin Bond & Co as chair of the advisory board.
January 19, 2023
AZ NGA appoints Dan Heckendorf as CFO
AZ Next Generation Advisory (AZ NGA) has appointed former Pepper Money executive Dan Heckendorf as chief financial officer.
January 18, 2023
Experience won’t stack up without rigorous CPD
Neither experience nor academic qualifications alone make a fully rounded financial adviser. So, if experience is to stand in place of formal qualifications, we need to ensure ongoing education and training is up to the job of keeping advisers current.
January 18, 2023
LGT Crestone appoints two senior advisers
Wealth management firm LGT Crestone has appointed Amanda Hing and Ashlea Somerset into senior advice roles.
January 18, 2023
Finding the right time: Indexation creates retirement income conundrum
Cost of living issues faced by retirees due to inflation has dominated adviser enquiries to BT’s technical team which has suggested planners may need to factor in indexation when commencing a new retirement stream for clients.
January 17, 2023
Super fund: product provider or benevolent fiduciary?
Retirees require a central retirement coordinator, and the two lead candidates are Government and super funds. For super funds to perform this role requires them to be acknowledged as more than simply product providers.
January 17, 2023
