Merry Christmas and Happy New Year from AdviserVoice

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Wishing you a safe and happy festive season. Thank you for being part of the AdviserVoice community in 2021. We look forward to bringing you the latest Australian Financial Services industry news and more CPD articles in 2022. If you need to catch-up on your CPD points over the break, please visit our CPD section... Read more continue reading

FPA appoints new CEO

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The Financial Planning Association of Australia (FPA) has appointed Sarah Abood as its new chief executive officer. Ms Abood will start the role in mid-January 2022. The appointment follows the announcement in July 2021 that Dante De Gori would step down as FPA CEO at the end of January 2022. Mr De Gori will work... Read more continue reading

Lonsec adds to its Managed Account capabilities

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Lonsec has made a number of key hires in its Portfolio Management and Research teams to further assist Advisers and their clients to access their managed portfolios. Lonsec Investment Solutions has appointed Nick Field as an Associate Portfolio Manager. Nick comes with extensive experience in equities research having previously worked within equity research and asset... Read more continue reading

IOOF successfully completes Evolve21 migration

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IOOF Holdings Ltd (IOOF) has announced it has substantially simplified its platform environment with the completion of the consolidation of its legacy platforms and products onto its proprietary superannuation and investments technology platform, Evolve, with over 55,000 clients and $17.5bn in funds under management (FUM) moving onto the platform over one weekend. According to IOOF... Read more continue reading

Over 40’s bullish on retirement outlook, expect retirement savings to last longer

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Leading research firm Investment Trends has launched its 2021 Retirement Income Report, an in-depth study of Australians’ attitudes towards retirement and post-retirement issues. The latest Investment Trends Report highlights a surging proportion of pre-retirees feel very well prepared for retirement (16%, up from 10% in 2020). Another 45% are feeling ‘somewhat prepared’ (up from 36%)... Read more continue reading

Yarra Capital management announces investment team hires and promotions

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Yarra Capital Management (Yarra), one of Australia’s largest independent active fund managers, has announced two new hires and two promotions within its investment teams. Rhys Corry will join Yarra as an Investment Manager in the Fixed Income team, and Joshua Ginges will join as an Analyst in the Yarra Australian Equities team. Rhys has over... Read more continue reading

State Street Global Advisors’ 2022 global market outlook

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Key points Global economic recovery from COVID – lowest hanging fruit already harvested Central banks to increasingly jump on the rate-hike bandwagon in 2022 China growth rate forecast downgraded to just 5%, but investment case remains intact European equities in a sweet spot & a better prospect than US share markets The transition to a... Read more continue reading

Countplus COO joins AZ NGA to drive expansion plans

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Professional services company, AZ Next Generation Advisory (AZ NGA) has bolstered its senior leadership team, recruiting Countplus Chief Operating Officer Graham McGeagh to help spearhead the group’s expansion plans. McGeagh, who also served as a Director of eleven Countplus-owned professional services firms including three as Chair, will join AZ NGA in early 2022 and report... Read more continue reading

Self licensees in growth mode endorse My Dealer Services new online acquisition facility

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Nearly 50 self licensees pursuing growth opportunities have registered their interest to acquire existing practices and books of clients on the recently launched My Dealer Services Pty Ltd (MDS) facility that has been designed to bring advice buyers and sellers together said MDS Director Alex Euvrard. “Since inception, our objective via the online resource has... Read more continue reading

Listings fall over November – Sydney and Canberra stock rise again

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Key points National residential property listings fell in November 2021 by 2.6% to 233,716 from 239,866 in October. Compared to 12 months ago, listings dropped 21.1%. Nationally, new listings (Less than 30 days) rose 2.3% over November, with 96,346 new properties added onto the market. New listings are up 20.4% over the year. Old listings... Read more continue reading