‘We see Australia being the lucky country again in 2023’: VanEck
According to the latest VanEck Australian Investor Survey, Australian equities are the preferred investment destinations in 2023, with 70 per cent of investors planning to start or increase their allocation.
January 13, 2023
A rising tide of capital won’t float all boats
Investment in financial advice practices will target those businesses led by individuals who have a plan and a vision, and a clear desire to build something that lasts.
January 12, 2023
‘Most concentrated on record’: Top 2 providers dominate ETF inflows
Just two ETF providers dominated inflows last year, accounting for over 90 per cent. Investors still prefer passive strategies despite more active ETFs coming into the market.
January 12, 2023
Pendal shares to be suspended following legal approval of acquisition
Pendal shares will be suspended from the ASX after the NSW Supreme Court approved the fund managers acquisition by Perpetual.
January 12, 2023
Bennelong appoints new global CEO
Bennelong Funds Management has appointed John Burke as its new global CEO.
January 12, 2023
‘Evolution, not a revolution’: Best practice for digitising advice practices
Cybersecurity became one of the biggest issues for advice practices in 2022 due to issues in and outside the profession. Advisers have heard plenty about the negative consequences, but BT chief information officer Richard Holmes outlines three steps practices can take for best practice for digitisation.
January 11, 2023
ASIC exam cost rises to $1500
After only being $597 when it commenced in 2019 under FASEA, the cost of the ASIC exam has risen to $1500 in just under four years.
January 11, 2023
ETFs see positive flows in 2022 while managed funds struggle
The Australian ETF industry received $13.5 billion of net inflows, outdoing the Australian managed funds industry, according to data from ETF provider BetaShares.
January 11, 2023
TAL launches 2022 SpotChecker program, reiterating value of preventative skin safety
Life insurer TAL has launched the seventh annual iteration of its SpotChecker program to promote the importance of skin safety, preventative health screening, and early detection for overall health and well-being.
January 11, 2023
AAT upholds cancellation of Olive’s AFSL
Olive Financial Markets’ AFSL cancellation for misleading conduct involving prohibited hawking by cold-calling clients to rollover super funds into managed discretionary accounts has been upheld by the Administrative Appeals Tribunal, according to ASIC.
January 11, 2023
Justice Derrington to depart ALRC
Justice Sarah Derrington is leaving the Australian Law Reform Commission (ALRC) as its president and will be replaced by Justice Mark Moshinsky in the interim until a permanent replacement is confirmed.
January 11, 2023
‘That trumped everything’: Helping others the key motivator to becoming an adviser
Advisers are primarily motivated to join the profession to help people rather than for personal gain, despite public perception often suggesting otherwise. However, a key catalyst for this motivation is personal hardship.
January 10, 2023
