Grandfather existing wholesale investors says FSC

Grandfather existing wholesale investors says FSC

The Financial Services Council wants the Govt to grandfather the status of existing wholesale investors or accept a transition period.
Continuing SMSF establishments bolster advice market

Continuing SMSF establishments bolster advice market

SMSF establishments in the March quarter were the highest in six years providing a ready market for advice, according to WealthData.
Cromwell exits Europe

Cromwell exits Europe

Major property investment manager, Cromwell, has exited its European business as it cuts costs to focus on Australia and New Zealand.
Nestworth appointment chief executive Helen Blackford

Ex-Insignia chief unveiled as Nestworth CEO

Patrick Buncsi 24 May 2024

Financial Planning

No Comments

AZ NGA-owned Nestworth Financial Strategists has announced the appointment of Helen Blackford as chief executive

Man jumping paper boats

Genium’s Tim Murphy recruits former Morningstar colleague

Mike Taylor 24 May 2024

Funds Management

No Comments

Research and ratings house Genium Investment Partners has recruited former Morningstar analyst, Tim Wong, to its team.

Green bonds GSSS Amundi

Emerging markets GSSS bonds hit all-time issuance high

Patrick Buncsi 24 May 2024

Funds Management

No Comments

Green bond issuing in emerging markets increased by 34% year over year, tracking with an strong global rebound in sustainable finance debt issuance.

rest directors

Two Rest directors depart Board

Yasmine Masi 24 May 2024

Superannuation

No Comments

Australian superannuation fund, Rest, has farewelled two Board Directors, Sally Evans and Julia Fox, as they take up other career positions.

Count acquisition 4Front MD Yates & Associates

Australian Ethical acquires Altius AM

Mike Taylor 23 May 2024

Funds Management

No Comments

Australian Ethical has significantly increased its funds under management by acquiring Altius AM from Australian Unity.

Inflation

Index wholesale investor test says ASIC

Mike Taylor 23 May 2024

Financial Planning

3 Comments

ASIC says it has witnessed the harm of investors being misclassified as wholesale when they lack financial capacity and literacy.

Certified stamp

Accountants Certificate regime placing accountants at risk

Mike Taylor 23 May 2024

Accounting

3 Comments

The Accountant Certificate regime is no longer fit for purpose and places accountants at risk in the context of wholesale investor status.


INDUSTRY NEWS

Introducing Auxilium, your tailored solution for empowering your client support with confidence.

Financial Newswire Contributor 6 May 2024

Industry News

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Our proprietary platform technology, developed in-house, is the cornerstone of Auxilium’s capabilities, supported by Fiducian’s extensive 25-years

Empower your super admin offering with empathy infused tech

Financial Newswire Contributor 12 April 2024

Industry News

No Comments

Empower your super admin offering with empathy infused technology solutions for better member outcomes.

Exploring the facts behind lifetime annuity myths

Financial Newswire Contributor 1 April 2024

Industry News

No Comments

Annuities have evolved and changed over the years making them quite different to what they used to be. Whilst they still pay income for life, today’s

INVESTING IN GEN AI & GLP-1: WHY 2024 WILL BE A “SHOW ME” YEAR

Financial Newswire Contributor 1 April 2024

Industry News

No Comments

Find out how Alphinity Global continues to find exciting “show me” investment opportunities across an alphabet soup of megatrends as they continue to


Nestworth appointment chief executive Helen Blackford

Ex-Insignia chief unveiled as Nestworth CEO

Patrick Buncsi 24 May 2024

Financial Planning

No Comments

AZ NGA-owned Nestworth Financial Strategists has announced the appointment of Helen Blackford as chief executive

Inflation

Index wholesale investor test says ASIC

Mike Taylor 23 May 2024

Financial Planning

3 Comments

ASIC says it has witnessed the harm of investors being misclassified as wholesale when they lack financial capacity and literacy.

ASIC website browser image

Former financial adviser cops three year ban from ASIC

Yasmine Masi 23 May 2024

Financial Planning

One Comment

ASIC has banned a former financial adviser from providing financial services to clients for three years for legal breaches.

rest directors

Two Rest directors depart Board

Yasmine Masi 24 May 2024

Superannuation

No Comments

Australian superannuation fund, Rest, has farewelled two Board Directors, Sally Evans and Julia Fox, as they take up other career positions.

global private debt AMP fund

Equip Super selects Northern Trust as asset services provider

Yasmine Masi 22 May 2024

Superannuation

No Comments

Equip Super selected Northern Trust as its asset service provider for global custody, fund administration and portfolio analytics solutions.

Tablet and graphs

Retirement products performance test too complex, for now

Mike Taylor 21 May 2024

Superannuation

One Comment

Applying a performance test to retirement products is being viewed as too complex in the absence of education and benchmarks.

Unlisted securities specialist debuts new adviser channel

Patrick Buncsi 23 May 2024

Fintech

No Comments

PrimaryMarkets has launched a dedicated financial adviser channel, opening its alternative securities offerings directly to advisers.

ASX share price Selfwealth trade

Resources, medtech prove star ASX performers, energy stocks lead retreat

Patrick Buncsi 22 May 2024

Investment

No Comments

Investors’ retreat from energy stocks was among the biggest contributors to a nearly three percentage point drop in the S&P/ASX 200 index last month

Loomis Global Bond Fund

Loomis opens global bond fund to Aussie investors

Patrick Buncsi 21 May 2024

Investment

No Comments

US investment firm Loomis, Sayles & Company has today announced it will for the first time open its global bond fund to Australian wholesale investors