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| | | Colonial First State (CFS) has revealed its new managed accounts offering, to be made available on the newly launched Edge platform. The Accelerate Series has been designed in response to feedback from financial advisers, helping them meet best interest ... |
| | | | Integrity Life will not take on any new retail advised business, saying the decline in risk advisers has forced a strategic pivot. Integrity Group, the parent company of Integrity Life, said it undertook a review of the business' strategy, considering ... |
| | | | Six months after the sale was announced, LGT has officially taken on abrdn's discretionary funds management business in the UK and Jersey in exchange for about $275 million. Under the deal, originally reached in February, LGT Wealth Management has absorbed ... |
| | | | Managed accounts assets jumped 19% in the year to June to reach a record high of $161.7 billion. This is according to the latest Institute of Managed Account Professionals (IMAP) and Milliman figures, which canvassed 48 firms in their survey. Separately ... |
| | | | Natixis Investment Managers has expanded its Australian Financial Services Licence (AFSL) to target retail clients, affording broader access to strategies from its collective of global investment managers. Natixis IM country head of Australia and New ... |
| | | | ... the economy, chief executive and managing director Garry Crole said. Ezzat-Daniel Nesseim, a former Libertas financial adviser, is currently serving a three-year correctional order, including home detention, for providing fabricated evidence as part ... |
| | | | ... account for personal investment decisions aligned to values and beliefs." "We encourage our members to speak to a financial adviser before considering whether to make a change to their investment decision or portfolio," Crescent Wealth said. "While we ... |
| | | | Count has seen growth in its wealth business, with aggregated revenues rising 24%, gross business earnings up 19%, and a significant jump in adviser numbers. In "a year of transformation", Count reported a very slight decline in net profit after tax ... |
| | | | More than one quarter of all Australians are turning to collectibles to make money, including Pokemon cards, handbags, and designer furniture. According to data from Finder, 28% of Australians, representing 5.6 million individuals, have invested in ... |
| | | | Dugald Mitchell, a former president of the Association of Financial Advisers (AFA), passed away on August 18 at the age of 89. Mitchell was an active member and leader of the AFA, playing key roles as a member of the National Education Committee and ... |
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