The latest issue of Financial Standard now available as an e-newspaper
FASEA chief unaware of dwindling adviser numbersBY JAMIE WILLIAMSON | FRIDAY, 1 NOV 2019 4:23PM
FASEA chief executive Stephen Glenfield refused to acknowledge the impact increased education requirements has had on financial adviser numbers during a recent Senate Estimates hearing.
Read more: FASEA, Stephen Glenfield, Amanda Stoker, James Forde, Paul Franklin, Amelia Constantinidis, ASIC Financial Adviser Register, Association of Financial Advisers, Peter Whish-Wilson, Group Financial Advising, Paramount Financial Solutions, Wayne Leggett
|Sponsored by Insight Investment|
Towards a perfect currency solution
A former financial adviser and licensee director has been sentenced to six years' imprisonment for misappropriating close to $2 million for his own use.
Pinnacle Investment Management's 16 affiliates tallied up only $3 billion in net inflows in FY20 as institutional allocators deferred mandate decisions in COVID-19 but the firm managed to grow NPAT by 5.6% to $32.2 million.
ASX-listed trading platform SelfWealth has renewed its clearing, settlement and execution (CS&E) mandate with retail broker OpenMarkets, in a move that it says demonstrates the two fintech's shared objective of disrupting the status quo.
The self-managed super fund administration and software provider has appointed two new technology leads, set to help Class continue to grow and innovate.
|Brought to you by|
|Keep up to date, don't be the last to know! Get the Financial Standard Daily Newsletter.|