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Showing 1111 - 1120 of 13235 results for "adviser"

Sequoia chief reappointed, hunt for successor kicks off

ANDREW MCKEAN  |  WEDNESDAY, 24 JUL 2024
... 2026 allowing him to fulfil the next chapter of our group's mission and strengthening our already successful Licensee and Adviser Services business, as well as overseeing the growth opportunity in the Legal and Administration Services Division under ...

JANA wins investment consulting mandate

ANDREW MCKEAN  |  WEDNESDAY, 24 JUL 2024
JANA Investment Advisers has been awarded a mandate to provide investment consulting services for separately managed accounts (SMA) aggregator Wealthtrac. The mandate, effective from August 15, will initially cover 10 of Wealthtrac's existing SMAs ...

Advisers shun major institutions, 500 exit: Rainmaker

KARREN VERGARA  |  WEDNESDAY, 24 JUL 2024
... of aligned advisers. Bank and insurer-owned AFSLs represent 26% of aligned financial advisers. They lost 6.1% of their adviser workforce during the period. In all, 1197 financial advisers registered with a new AFSL in FY24. The five AFSLs attracting ...

Generation Development Group corrals complete ownership of Lonsec

ANDREW MCKEAN  |  TUESDAY, 23 JUL 2024
Generation Development Group, the parent company of Generation Life, which recently acquired the remaining stake in Lonsec, has reported a $673 million increase in funds under management (FUM) over the last financial year. Generation Life received over ...

ASIC hits Melbourne adviser with travel ban

ELIZA BAVIN  |  TUESDAY, 23 JUL 2024
... The Australian Securities and Investments Commission (ASIC) has secured a travel restraint order against Melbourne-based adviser Barry King. The orders prevent King from leaving or attempting to leave Australia until 1 April 2025. They were made by the ...

Insignia Financial flags more remediation ahead

JAMIE WILLIAMSON  |  MONDAY, 22 JUL 2024
... Quality of Advice detriment experience." It comes as Insignia Financial celebrates the separation of its self-employed adviser channel, with the official commencement of Rhombus Advisory this month. It retains a 37% stake in the business. Meantime, a ...

Consultation opens on tax practitioners' registration

KARREN VERGARA  |  MONDAY, 22 JUL 2024
Treasury has opened consultation on reforming the registration framework for tax practitioners, reviewing the key areas of education, qualification, and experience requirements. The consultation is part of the government's response to the PwC tax ...

Cbus strategy chief exits

KARREN VERGARA  |  MONDAY, 22 JUL 2024
... the fund in 2016 as the investment manager of innovation and strategy. Before that, she was working as an independent adviser to superannuation funds, asset managers, and asset consultants for nearly 10 years. She was previously the director of strategy ...

AustralianSuper manager research head departs

ELIZABETH FRY  |  FRIDAY, 19 JUL 2024
After 24 years, AustralianSuper's head of manager research has left the fund to join a US global equities boutique. Joseph Wahba joins Sustainable Growth Advisers (SGA) in the newly created role of client portfolio manager and investment committee ...

ASIC permanently bans Queensland adviser

ELIZA BAVIN  |  THURSDAY, 18 JUL 2024
The Australian Securities and Investments Commission (ASIC) has banned Queensland-based financial adviser Anass Abdalla. ASIC said Abdalla has been banned from providing any financial services, performing any function involved in the carrying on of ...