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Adviser exits continue, industry recruits 50BY KARREN VERGARA | TUESDAY, 2 NOV 2021 12:10PM
Only 50 financial advisers joined the financial advice industry in the year to September, as Rainmaker analysis shows that the total population has dwindled to 19,238.Read more: Rainmaker, Morgans Financial, AMP Financial Planning, Aware Financial Services, Charter Financial Planning, Consultum Financial Advisers, Ord Minnett, SMSF Advisers Network, Synchronised Business Services
The $67 billion super fund for the building and construction industries will launch new investment options as it remains focussed on growing to $150 billion.
PineBridge Investments appointed a head of wealth management for the Asia region in a newly created role.
Asset managers and superannuation funds will ramp up their digital advice offerings in 2022 as the reality of financial advisers exiting sets in.
Pendal Group has endured a disappointing quarter, with $5 billion in outflows from UK institutional clients.
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