The latest issue of Financial Standard now available as an e-newspaper
Wage subsidy to rescue advice industryBY ELIZABETH MCARTHUR | FRIDAY, 12 FEB 2021 2:31PM
With just 65 new names appearing on the ASIC Financial Adviser Register in 2020, the rapid decline in adviser numbers has industry experts calling for a wage subsidy to incentivise advice practices to take hire graduates.
Read more: ASIC Financial Adviser Register, AFA, FASEA, Chris Gordon, Scott Bunny, Association of Financial Advisers, Profusion Group, Simon Gvalda, Kaizen
|Sponsored by Eaton Vance|
Responsible Fixed-Income Investing with Calvert
Macquarie Securities Australia (MSA) has copped a $126,000 fine for breaching market integrity rules, making this its fifth infringement in the last six years.
IOOF has handed a $23 billion index investing mandate to a global investment manager following Vanguard's decision to stop managing passive strategies for other institutions.
Addressing the annual Conference of Major Superannuation Funds, the Prince of Wales has asked Australia's super funds to get involved in his Sustainable Markets Initiative.
Nearly seven in 10 Australians who dipped into their superannuation during COVID-19 are concerned the decision has made them less financially secure, according to a poll from the Australian Institute of Superannuation Trustees.
|Brought to you by|
|Keep up to date, don't be the last to know! Get the Financial Standard Daily Newsletter.|