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Showing 1081 - 1090 of 13238 results for "adviser"

Super performance test needs personal rate of return: Adviser

KARREN VERGARA  |  THURSDAY, 15 AUG 2024
... outcomes, according to a financial advice expert advocating for better metrics. Mark Bastiaans, the principal financial adviser of AdviceSA, said the current time-weighted cash-flow methodology for the annual test calculates the performance of the superannuation ...

New mandate boosts JANA's wealth division

MATTHEW WAI  |  WEDNESDAY, 14 AUG 2024
JANA Investment Advisers has been mandated by a Melbourne advice firm to provide managed account consulting services. JANA announced a new agreement with Investor Wealth, providing consultancy and support services related to managed accounts, including ...

How many advisers will Australia have in 2044?

KARREN VERGARA  |  TUESDAY, 13 AUG 2024
... 5500 in 20 years' time, Rainmaker Information predicts. These are some of the scenarios forecasted in the Rainmaker Adviser report. A more optimistic possibility projects the advice sector to have just over 12,00 advisers. An extreme case would see ...

Acquisitions boost WT Financial Group results

KARREN VERGARA  |  TUESDAY, 13 AUG 2024
... insurance advice continues to grow as millions more Australians plan for and reach their retirement - at the same time, adviser supply has been reduced and barriers-to-entry remain high," he said. In 2022, WTL acquired Synchron for $8 million, creating ...

AFCA urges super trustees to improve processes

ELIZA BAVIN  |  TUESDAY, 13 AUG 2024
... other cases a third party had acquired their identification details in another way. "Sometimes fraud was committed by an adviser engaged by the fund member in good faith," Gray said. Gray said AFCA was seeing instances of more sophisticated scam activity ...

Expand bolsters SMA menu

MATTHEW WAI  |  TUESDAY, 13 AUG 2024
BlackRock, DNR Capital, Elston, Lonsec and Zenith have been added to the Expand Extra menu, doubling the wrap platform's separately managed account (SMA) offerings. The additional investment managers complement the current fleet of MLC Asset Management ...

Netwealth FUA nears $90bn

KARREN VERGARA  |  TUESDAY, 13 AUG 2024
... up 18.9%, while statutory net profit after tax rose 24.1% to $83.4 million. "We have expanded and strengthened our new adviser and licensee relationships, plus our new business pipeline including conversion rates, remains very strong across all segments," ...

Vanguard, Betashares, iShares neck and neck in battle for inflows

ANDREW MCKEAN  |  MONDAY, 12 AUG 2024
Vanguard, Betashares, iShares, and VanEck have attracted most of the ETF inflows in Australia for 2024, with competition among these issuers fierce. Vanguard led with $4.07 billion in inflows, followed by local player Betashares with $3.98 billion ...

ASIC intends to extend legislative instruments

MATTHEW WAI  |  FRIDAY, 9 AUG 2024
ASIC is set to extend three legislative instruments for five years, one of which relates to record keeping for financial advisers. The instruments are: Class Order [CO 14/923] Record-keeping obligations for Australian financial services licensees when ...

FAAA calls on advisers: 'We ask for your support'

ELIZA BAVIN  |  FRIDAY, 9 AUG 2024
Financial Advice Association Australia (FAAA) general manager policy, advocacy and standards Phil Anderson has outlined the industry's biggest gripes with the collapse of Dixon Advisory and how it has been handled. Anderson said he is angry about the ...