Jan 23, 2025 · The FAAA has secured CSLR-related documents under the FOI process, after an extended four-month wait, which show little analysis was done on how the scheme’s cost would a...

The Australian financial advice industry has risen by more than 20 advisers this week, with nearly half joining WT Financial and Sequoia....

Target audience Aimed primarily at financial planners and dealer group principals, Money Management is also widely read by fund managers, accountants, bankers, insurers and government. Editorial coverage Money Management provides accurate, informative and insightful editorial coverage of the Australian financial services market, with topics including taxation, managed funds, property ...

Dec 19, 2024 · Adviser Ratings shares five ways that financial advice changed in 2024 with an optimistic outlook for 2025, thanks to the Delivering Better Financial Outcomes legislation.

6 days ago · Two financial advice professionals have shared their tips for success when building an effective Professional Year (PY) program as more advisers look to bring on junior staff. The latest financial advice exam in November saw the highest pass mark since ASIC took over its administration, with 77 per ...

Sep 9, 2024 · After a financial year full of turnaround steps, the firm announced its statutory NPAT was $238 million, up from $182 million in FY23. FUM was $36.6 billion, comprising $17.1 billion in retail assets and $19.4 billion in institutional ones, and …

Dec 9, 2024 · “However, management fees are very important to those who save for the medium term (52 per cent). This may indicate that medium term investors pay more attention to management fees, although fees affect long-term investors more due …

Dec 17, 2024 · Locally, the number of billionaires increased from 41 in 2023 to 43 in 2024, marking a rise of 4.9 per cent. There was a 16.3 per cent rise in Australian billionaire wealth from US$173.5 billion last year to $201.8 billion this year.

Nov 20, 2024 · Responsible investment in Australia has hit a new record in assets under management (AUM), despite greenwashing concerns also intensifying. The Responsible Investment Association Australasia’s (RIAA) annual 23rd Benchmark Report found the responsible investment market increased by 24 per cent to $1.6 trillion in AUM in 2023. In comparison, Australia’s total managed funds industry reached ...

Feb 27, 2024 · “Decision making is constantly shifting, with advisers, platforms and investment consultants playing far bigger roles than from years past. Advisers are not just keeping pace with industry shifts; they are leading the charge towards a more customised, efficient and responsive financial advice sector.”