Class Ltd successfully closes IPO offer
Class Limited successfully closed its IPO offer on Friday 4 December, with a total of approximately $25 million allocated to new investors under the CTC (Customers) and General offers. Barry Lambert, Chairman of Class, comments: “After 10 years spent building a strong and profitable company, it’s gratifying to announce a successful IPO. “On behalf of
December 07, 2015
Atrium achieves $1 billion FUM milestone, pegging solid investor returns with lower volatility
An investment approach that ignores market noise and avoids investment herds has helped Atrium Investment Management (Atrium) reach its rst billion dollars in funds under management, while delivering solid investment gains coupled with minimal volatility. Atrium Chief Executive Of cer, Alex Hone said the $1 billion milestone was a pleasing rst step in a long-term
December 07, 2015
Australia’s leading financial planner calls for abolition of vertical integration
The 2015 Financial Planning Association (FPA) Certified Financial Planner (CFP) Professional of the Year says vertical integration must be abolished so the financial planning industry can truly put its clients’ best interests first. VISIS Private Wealth founding partner Christopher Smith says a higher minimum requirement for education must make it more difficult for individuals to become
December 06, 2015
Will robo advice spell an end to your job as you know it?
In their quest to find clients, we see robo-advisers as being as disruptive to the financial services sector as Uber is being to public transport. Uber is a great example of something that was made possible by the internet. Without the net, Uber simply could not be. And yet, the internet alone did not change
December 06, 2015
Beyond FoFA: The Ripoll Effect will be felt in financial planning for decades to come
When Bernie Ripoll set sail on an inquiry into financial products and services in Australia back in 2009, he had no idea where it would eventually take him. Looking back, he likens the experience to being an explorer: setting off into the wild blue yonder, and discovering what’s there. As chair of the Parliamentary Joint
December 06, 2015
Fund manager receives seventh consecutive national awards
Fund Manager, La Trobe Financial receives its Seventh consecutive award for Best Mortgage Fund in Australia. La Trobe Financial’s Pooled Mortgages Option (“the Fund”) has been judged the Best Mortgage Fund in Australia by the renowned finance journal, Money magazine. As quoted by Pam Walkley, Chief Editor of Money magazine “No other managed Fund has
December 04, 2015
Praemium and OpenMarkets data feeds integrated with AdviserLogic
AdviserLogic continues to act on its promise to provide users with greater integration, adding both Praemium and OpenMarkets data feeds to its software. AdviserLogic’s Head of Product Development Daniel Gara said, “AdviserLogic rates highest in software market for integration with platforms and we’re very pleased to have now integrated Praemium and OpenMarkets. It’s another demonstration
December 04, 2015
FIIG Securities launches adviser services division
Fixed income broker FIIG Securities has expanded its business to exclusively service financial advisers, offering dedicated products, services, research, and consultation to help them review the role of Fixed Income in their practices. Head of Intermediary Sales Grant McCorquodale said FIIG Adviser Services would take a new approach that would encourage advisers to reconsider how
December 04, 2015
Suncorp advisers face April deadline for ‘big decisions’ on new licensing options
Around 170 advisers will spend Christmas mulling their future after Suncorp Life’s shock decision to launch a six-month transition out of its self-employed, aligned adviser networks, Guardian Advice and Suncorp Financial Planning. The advisers are believed to be surprised at the decision which gives them until mid-next year to find an alternative future. The company
December 03, 2015
SMSFA aims to translate technical skills into better businesses, and bridge the auditor training gap
Translating technical expertise into better businesses and more content aimed at addressing a gap in continuing professional development (CPD) for self-managed super fund (SMSF) auditors are two key themes of the 2016 SMSF Association National Conference, to be held in Adelaide in February. “We’ve really amped up the auditor content; and … we’ve got more
December 03, 2015
How to find a sense of balance that will benefit you – and your clients
I am sure that many readers are looking forward to holidays at the end of the year, and I understand the appeal of holidays and the feeling of being refreshed and re-energised as a result. But my aim here is to challenge you to think about how you can obtain that sense of rejuvenation after
December 03, 2015
2015 Professional Planner Dealer Group Research Forum – Photo Gallery
December 02, 2015
