ASIC releases updated guidance for licensees on reportable situations

From

ASIC has released updated guidance for industry on making notifications to ASIC under the reportable situations regime (formerly breach reporting). The updates to Regulatory Guide 78 Breach reporting by AFS licensees and... Read more continue reading

MLC Asset Management, Managed Account Strategies reach $1 billion milestone

From

MLC Asset Management’s (MLC[1]) Managed Account Strategies have surpassed $1 billion in funds under management (FUM) in less than three years since inception. Designed to suit a range of needs,... Read more continue reading

Lumiant acquires Genivity to guide clients on lifestyle, longevity, and legacy choices

From

Lumiant, an advice and client engagement platform that empowers advisors to connect with clients and families around their lives, values, and finances, has announced the acquisition of Genivity, a longevity... Read more continue reading

Contracting markets bring SMSF returns to the fore

From

Self-managed super funds (SMSFs) outperformed APRA funds when markets were contracting in the 2019/20 financial year and underperformed APRA funds in the bull market conditions of the 2020/21 financial year.... Read more continue reading

Australians want more ways to generate income in retirement

From

Australians are increasingly relying on income from super and other investments to fund their retirement. While many may turn to the familiarity of shares and term deposits, a new report... Read more continue reading

Janus Henderson secures new talent to Australian Fixed Interest team

From

Janus Henderson has bolstered its highly regarded Australian Fixed Interest team with the appointment of Emma Lawson as Fixed Interest Strategist – Macroeconomics. Emma joins a fully resourced team led... Read more continue reading

North managed portfolios pass $9 billion in AUM, increasing by 420 per cent in two years

From

North, one of Australia’s leading wrap investment platforms, has seen assets under management (AUM) in its managed portfolio range grow by 420 per cent in the past two years, passing... Read more continue reading

Minimising greenwashing and maximising impact to take centre stage at Responsible Investment Australia 2023

From

With increasing attention on greenwashing in finance, the largest and most comprehensive responsible investment conference in the Southern Hemisphere, RI Australia 2023, will take place in Melbourne and online on... Read more continue reading

JAWG letter to Minister Jones re: implementation of Quality of Advice review recommendations

From

Delivering affordable and accessible advice The Joint Associations Working Group (JAWG)[1] supports the implementation of the Quality of Advice Review’s recommendations to make financial advice more accessible and affordable to millions... Read more continue reading

Chester Asset Management appoints investment analyst Malhar Ravalia 

From

Australian equities fund manager Chester Asset Management (Chester) welcomes the appointment of Malhar Ravalia as an analyst to its Melbourne investment team. Mr Ravalia has a decade of experience working... Read more continue reading