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| | | ... critical to what we're building," he said. "As we scale Investco and continue to help drive consolidation in the advice profession, execution discipline becomes everything, and Michael materially strengthens that capability." Peters will receive fixed ... |
| | | | Merchant Australia, a subsidiary of Merchant Investment Management (MIM), has welcomed two executives to focus on its growth domestically, with both joining chief operating officer and principal Rebecca Wells. Jamie Melville has joined as managing director ... |
| | | | Industry bodies have raised concerns over the drafted Division 296 regulations, warning the current design could create unnecessary complexity, higher compliance costs and unfair outcomes. The bill passed the Parliament last month, and was followed ... |
| | | | ASIC wants the Federal Court to appoint a receiver to investigate the fire sale of Interprac Financial Planning to Conquest Investment Partners, saying it has concerns over what it may mean for the advice group's creditors. The regulator has applied ... |
| | | | Edney Ryan Wealth Management, the advice arm of Edney Ryan Group, will merge with Minchin Moore Private Wealth, operating under the latter's Australian financial services licence. Both firms are headquartered in Mosman, NSW, and will maintain a ... |
| | | | ... Sarah Abood said there is "substantial evidence" of the skills shortage in financial advice, which has "plagued our profession since 2019". In the submission, Abood said the number of financial advisers and paraplanners continues to fall well short of ... |
| | | | Members of Commonwealth Super Corporation's Public Sector Superannuation Accumulation Plan (PSSap) are about to be hit with insurance premium increases of more than 40%. A recent review of the PSSap lifePLUS offering, underwritten by AIA Australia ... |
| | | | ... practice. "AZ NGA stood out because we like their people and philosophy and share their views on where the financial advice profession is going," Back said. "We're setting the business up for its next phase of growth and creating an opportunity for future ... |
| | | | Muzinich & Co. and AGP Investment Management debuted an actively managed private credit ETF on the ASX today. The Muzinich BDC Income Fund - Active ETF (BDCI) offers exposure to US-listed business development companies (BDCs) operating in the middle-market ... |
| | | | ... so," the draft guidance read. TPB chair Peter de Cure said the TPB is committed to supporting innovation in the tax profession. "We recognise the significant opportunities AI can bring to improving productivity, efficiency and client service across the ... |
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