Will HNW firms re-enter retail advice?BY KARREN VERGARA | WEDNESDAY, 1 NOV 2023 12:26PMTwo major high-net-worth financial advice firms laud the Quality of Advice Review's promises of drastically reduced scrutiny and red tape but have stopped short of saying that they will re-enter the retail client space. Related News |
Editor's Choice
Future Fund makes leadership appointments
Future Fund has appointed a chief financial officer and chief risk officer, as well as a chief people, culture and inclusion officer.
HESTA sells out of MinRes after failed engagement
HESTA no longer holds any MinRes shares, after the mining company failed to respond to its concerns around poor governance.
Former Qualitas duo launch funds management shop
Former Qualitas duo Manuel Paraskevos and Ethan Dixon have opened Poinsettia Capital, a Brisbane-based advisory and funds management firm that provides tailored debt and equity finance for mid-market residential projects in South-East Queensland.
NZ Super appoints inaugural chief operating officer
The Guardians of New Zealand Superannuation has promoted Paula Steed to the newly created position of chief operating officer.
Products
Expert Feed
The gatekeeper fallacy: A critical analysis of financial advice regulation in Australia
The current regulatory framework for financial advice in Australia rests on a fundamental misconception that threatens both consumer protection and industry ...
How family shapes our financial futures
It doesn't take our 100+ years of collective wealth management experience to know that intergenerational wealth is a hard problem.
A tale of two conflicting PBRs
What happens if a spouse survives the death of the member but dies before payment has been made?
From red tape to results? DBFO's potential
With only around 15,480 financial advisers in the country at last count, and 800 Australians retiring every day, the profession is facing a severe shortage ...
Featured Profile
Philip Miall
HEAD OF MULTI-SECTOR PRIVATE DEBT
QIC LIMITED
QIC LIMITED
QIC head of private debt Australia Phil Miall's nearly 30 years' experience covers every corner of the credit market. He shares why active management is critical in the asset class and what he's learned during periods of tumult. Karren Vergara writes.
