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Showing 71 - 80 of 2572 results for %22Advice firm%22

Young investors fall prey to bad social media advice

KARREN VERGARA  |  WEDNESDAY, 13 DEC 2023
... reveals. According to US insurance and financial services firm Nationwide, investors aged 15 to 54 years old tend to trust advice generated by social media, particularly from finfluencers and generative artificial intelligence (AI). Older investors ...

UK to overhaul advice affordability, access

KARREN VERGARA  |  TUESDAY, 12 DEC 2023
The UK government is proposing major changes to make financial advice more accessible and affordable to everyday people as only 8% of consumers call upon the services of financial advisers. The Financial Conduct Authority (FCA) is looking to rollout ...

Insignia, WT Financial complete Millennium3 transfer

JAMIE WILLIAMSON  |  MONDAY, 11 DEC 2023
... million in gross profit, and more than $500,000 in net profit before tax. It also grows WT Financial Group's funds under advice by $5 billion, while adding about $150 million of in-force risk premiums. Millennium3 chief executive Helen Blackford has ...

IFM Investors appoints global head of strategy

ANDREW MCKEAN  |  THURSDAY, 7 DEC 2023
... was responsible for the global operating platform of the investments business, supporting over $US3 trillion assets under advice and US$175 billion assets under management. Before joining WTW, Misra was the global chief operating officer at Holland Capital ...

Private markets make concrete inroads with advisers

KARREN VERGARA  |  WEDNESDAY, 6 DEC 2023
... create an open-ended structure with liquidity to meet the needs of private wealth management," he said. Financial advice firm Mackay Private has a 20% allocation to private markets - in the form of private debt, private equity, and some venture capital ...

Advice firms must scale up to meet demand: AZ NGA

CASSANDRA BALDINI  |  WEDNESDAY, 6 DEC 2023
Financial advice businesses must supercharge their capabilities, expand their capacity, and scale up to reach and serve more Australians. According to AZ NGA's paper, titled Ready or Not? A guide to building a super firm, the industry's current ...

Coastal Advice Group expands reach

CHLOE WALKER  |  WEDNESDAY, 6 DEC 2023
... acquired RI Brighton and Wealth for Life Financial Planning as part of its strategy to become one of the leading financial advice providers in the country. The acquisition of the firms, both based out of Adelaide, will see veteran advisers Steven Hampel ...

E&P chief exits early

KARREN VERGARA  |  MONDAY, 4 DEC 2023
... 14 November 2023," E&P said. E&P settled the Shine-led class action, which related to representatives giving conflicted advice for its in-house product, the Masters Residential Property Fund (URF), for $16 million. Shine alleged that E&P's financial ...

FCA mulls capital requirements for firms giving bad advice

ANDREW MCKEAN  |  THURSDAY, 30 NOV 2023
... FCA executive director of markets and international Sarah Pritchard said the regulator wants to see a "thriving financial advice market," ensuring consumers have access to support from financially resilient advice firms. "Diligent advisers are having ...

Frontier restructures, promotes

ELIZABETH FRY  |  FRIDAY, 24 NOV 2023
... patience will be key. "We're a people business," he said "The quality of our team and the integrity of our unconflicted advice model is what our clients really value. So, we must be very selective in finding the right people to join our team. That ...