Editor's Choice
ALEX BURKE
ASX-listed financial planning group Fiducian has acquired a practice with $35 million in funds under advice.
JAMIE WILLIAMSON
Myprosperity is partnering with a specialist estate planning law firm to provide free, automated wills.
ALEX BURKE
FinTech Australia is welcoming a new chief executive.
BENJAMIN ONG
While financial market volatility has come down - the VIX index closed at a reading of 13.42 last week (down from this year's high to date of 37.32) - there remains lingering geopolitical uncertainty.
JAMIE WILLIAMSON   There is growing concern that a lack of clear and consistent templates for Statement of Advice documents is potentially causing financial advice clients to sign off on advice they don't actually understand.
JAMIE WILLIAMSON   Myprosperity is partnering with a specialist estate planning law firm to provide free, automated wills.
KANIKA SOOD   Australia's $2.8 trillion private debt market could offer stable income opportunities for superannuation funds and high-net-worth individuals alongside capital preservation, according to fixed income veteran Bob Sahota.
KANIKA SOOD   One of the men behind the US hedge fund which successfully shorted Blue Sky Alternative Investments is starting an activist investment fund of his own.
HARRISON WORLEY   The life insurer will extend its Best Doctors offering to allow customers access to a mental health service designed to provide a second medical opinion for diagnosis and treatment plans.
KARREN VERGARA   ANZ Wealth is making inroads with its newly launched mental health initiatives, including innovative and preventative programs aiming for the life insurer to play a more active role in the space.
HARRISON WORLEY   Independent investment and SMSF platform owner Integrated Portfolio Solutions tripled its funds under administration over the past three years as it experiences inflows courtesy of advisers and family offices.
KARREN VERGARA   Latest ATO figures show self-managed super funds' interest in limited recourse borrowing arrangements (LRBA) and residential property assets have skyrocketed in the last five years.
BENJAMIN ONG   While financial market volatility has come down - the VIX index closed at a reading of 13.42 last week (down from this year's high to date of 37.32) - there remains lingering geopolitical uncertainty.
BENJAMIN ONG   The slowing trend in employment growth explains the continued sluggishness in wage growth as well as indicating continued tepid wage growth in the coming months.
KANIKA SOOD   There is division over whether or not private life insurers should be able to fund medical treatments for rehabilitating customers - the subject of a current Parliamentary Joint Committee - with giants like MLC Insurance and AustralianSuper batting for it while the private health insurance industry raises its concerns.
HARRISON WORLEY   The prudential regulator is asking superannuation fund licensees to reconsider whether board members contain the requisite mix of skills and capabilities to fulfil their role.
ALEX BURKE   FinTech Australia is welcoming a new chief executive.
HARRISON WORLEY   IOOF subsidiary Australian Executor Trustees has promoted internally, appointing a senior manager to head up its corporate trust division.
KANIKA SOOD   Treasury has laid out principles for its proposed retirement income covenant and is inviting stakeholders to submit consultation for the next four weeks.
JAMIE WILLIAMSON   Two of Australia's largest industry superannuation funds believe the likelihood of a comfortable, self-sufficient retirement will diminish over the next decade for about 3.1 million Australians.
DARREN SNYDER   About 60% of Northern Trust's Australian-based institutional investment clients believe meaningful adoption of artificial intelligence will occur within the respective businesses over the next two years.
HARRISON WORLEY   Latest HSBC research highlights insurance is an industry ready for disruption, and envisages significant benefits related to technology-enabled solutions to financial inclusion and affordability issues.
KANIKA SOOD   Macquarie Group is consolidating its private bank and private wealth businesses to concentrate its growth strategy on high net-worth (HNW) clients, a move it expects to affect advisers.
ALEX BURKE   High-net-worth investors, particularly the growing Asian cohort, have boosted the global art market by 12% after two years of decline.
Link to something dUnzsQfQ