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Search ResultsShowing 1 - 10 of 100+ results for "Advice 2.0"
Perpetual AUM climbs, hires in UK
ANNABELLE DICKSON  |  FRIDAY, 23 APR 2021
Perpetual has recorded a $6 billion increase in total assets under management, reaching $95.3 billion and has made a raft of appointments to its ESG investment manager Trillium Asset Management. International AUM grew 8% over the March quarter, inclusive ...
Adviser numbers at five-year low
KARREN VERGARA  |  FRIDAY, 23 APR 2021
The financial adviser population has reverted to the pre-financial services Royal Commission days, ending at 20,667 in the first quarter of 2021. Rainmaker analysis of ASIC's Financial Adviser Register found that the total number of financial advisers ...
Commissions likely to stay: Hume
KARREN VERGARA  |  THURSDAY, 22 APR 2021
The coalition has hinted that it will not eradicate commissions paid on life insurance products, acknowledging that financial advisers' bottom line has struggled since the introduction of the Life Insurance Framework reforms. While the government's ...
Former adviser pleads guilty over million-dollar super theft
ANNABELLE DICKSON  |  THURSDAY, 22 APR 2021
Victorian-based Ahmed Saad has pleaded guilty after previously being charged with dishonestly obtaining financial advantage by deception for his role in an illegal retail superannuation scheme. ASIC alleges that Saad, while working as an authorised ...
Guild Super chooses new administrator
ELIZABETH MCARTHUR  |  THURSDAY, 22 APR 2021
Guild Super, the $1.8 billion retail fund catering to childcare workers, has chosen a new administrator which it says will enhance member experiences. Guild Super, which also trades as Child Care Super and offers Guild Pension for retirees, will switch ...
Government merges advice reviews
KARREN VERGARA  |  WEDNESDAY, 21 APR 2021
The federal government will fold the 2022 Life Insurance Framework Review into the Quality of Advice Review, taking over the responsibilities from ASIC. The Quality of Advice Review will consider the LIF Review as part of its wider mandate, Minister ...
Vanguard UK upends cost of advice
KARREN VERGARA  |  TUESDAY, 20 APR 2021
Vanguard has launched a financial advice offering in the UK that will charge a flat rate of 0.79%, a whopping three times less than what the industry charges on average. Vanguard Personal Financial Planning promises to provide high-quality, low cost ...
Perks names investment chair
ANNABELLE DICKSON  |  TUESDAY, 20 APR 2021
Perks Private Wealth has appointed Ellerston Capital's chief investment officer as the chair of its investment committee. Christo Hall has been at Ellerston for over two years and was previously managing director - senior portfolio manager in the Asian ...
MLC GM joins dealer group
ELIZABETH MCARTHUR  |  TUESDAY, 20 APR 2021
The former general manager of MLC Financial Planning and the MLC advice network has jumped to a dealer group aligned with a real estate agent. Wealth Market, which is associated with Ray White and Loan Market, has appointed Jasia Fabig as national practice ...
Government opens consultation on key advice reforms
JAMIE WILLIAMSON  |  MONDAY, 19 APR 2021
The federal government has released draft legislation outlining the function of ASIC's Financial Services and Credit Panel as the single disciplinary body for financial advisers. The government is proposing the ASIC FSCP exercise the functions of ...
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