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Showing 91 - 100 of 9303 results for "Advice"

AMP reports boost in IFA flows, mulls advice unit options

KARREN VERGARA  |  WEDNESDAY, 14 FEB 2024
... Despite seeing an influx of independent financial advisers' (IFAs) business, AMP continues to seek alternatives for its advice unit as it reports another loss. In the first half of the 2024 financial year, the wealth firm recorded a 33% year on year ...

Superannuation fund returns underperformed SMSFs: Research

ANDREW MCKEAN  |  WEDNESDAY, 14 FEB 2024
... evidence of the SMSF sector's strong investment performance. He also said it indicates that SMSFs receiving financial advice tend to perform better. "It's always been our mantra that SMSF trustees should get professional advice," Burgess said ...

Former director pleads guilty to hedge fund con

JAMIE WILLIAMSON  |  WEDNESDAY, 14 FEB 2024
... Proprietary Trading, ACY Securities, AxiTrader and City Index. Despite not having a licence to provide financial product advice, Sandiford told prospective investors that they could invest it in either a 'hedge fund' or an 'income fund'. Investing in ...

Fiducian reports strong first half, flags growth plans

JAMIE WILLIAMSON  |  TUESDAY, 13 FEB 2024
... at $6.84 million. Contributing was a 10% increase in revenues, 9% increase in funds under management, administration and advice (FUMAA) to $12.9 billion, and funds under management were 18% higher at $4.8 billion. It added that FUMAA is already up to ...

Too many Aussies eligible for wholesale products: FSC

ANDREW MCKEAN  |  TUESDAY, 13 FEB 2024
... the important role of wholesale products in capital markets, and the need to maintain consumer protections in financial advice," FSC chief executive Blake Briggs said.

AustralianSuper calls for an 'account for life'

ANDREW MCKEAN  |  MONDAY, 12 FEB 2024
... lives." Meanwhile, AustralianSuper is pushing for changes that would allow super funds to provide more support, guidance, and advice, leveraging data sharing with government to smooth the complexity of retirement planning. It proposed updating advice ...

Prime to acquire boutique fund manager

KARREN VERGARA  |  MONDAY, 12 FEB 2024
... group revenue between FY22 and FY25 to $50 million, through organic and inorganic activity, enhancing our capability across Advice, capital and asset management for our business and wealth segment clients." Prime recorded 28% growth in revenue of $33.7 ...

Colonial First State launches new offering to advisers

CHLOE WALKER  |  MONDAY, 12 FEB 2024
Colonial First State (CFS) has unveiled CFS 10X, a new offering designed to help ambitious financial advice practices grow. CFS 10X aims to support the advice community by offering a calendar of dedicated events and webinars. The program is divided ...

Advice reforms can solve retirement income challenges

KARREN VERGARA  |  FRIDAY, 9 FEB 2024
Opening up superannuation funds to more comprehensive financial advice could help solve some of the retirement income challenges Australians face, according to the Actuaries Institute. In its submission to the Retirement Phase of Superannuation consultation ...

ASIC chases 757 adviser registrations

KARREN VERGARA  |  FRIDAY, 9 FEB 2024
... 'registered'," ASIC warned. "If they are not recorded as 'registered', they will need to cease providing personal advice from midnight 15 February 2024, until such time as they are registered and noted as such on the Financial Advisers ...