Fortnum and AZ NGA firm acquire Australian Unity’s advice business
Licensee Fortnum Private Wealth and AZ NGA-owned professional advisory firm Nestworth Financial Strategists have partnered to acquire Australian Unity’s financial advice business.
November 13, 2023
Over 25pc of energy generation faces high climate risk: Research
Over 25 per cent of Australia’s energy generation currently falls into the three highest climate risk categories, according to the first version of the new Climate Risk Index released by insurer Zurich and consulting firm Mandala Partners.
November 13, 2023
Allianz Retire+ hires joint heads of group retirement solutions
Allianz Retire+ has appointed Catherine van der Veen and Lucy Foster as joint heads of group retirement solutions client delivery, a newly created position.
November 10, 2023
OTC derivative issuers pay $17m compensation
ASIC has overseen $17.4 million in compensation payments to over 2000 retail clients due to financial services law breaches by eight retail over the counter (OTC) derivative issuers.
November 09, 2023
Rest to establish in-house global equities management capability with new hire
Industry super fund Rest has appointed Richard Mercado as its head of internal global equities, tasked with building an internal global equities management capability.
November 09, 2023
Consumers confused over ESG and sustainability: CFS research
Research from Colonial First State has found that Australian consumers are confused by sustainability claims and cannot differentiate between ESG investment options.
November 09, 2023
FAAA appoints university and student programs head
The Financial Advice Association has appointed Louise Trevaskis as head of university and student programs as part of its strategy to bring more graduates into the financial planning profession.
November 09, 2023
Complii and Praemium enter strategic partnership
Capital markets platform Complii Fintech Solutions has partnered with investment platform Praemium to actively engage in cross referrals, encouraging clients to explore the comprehensive services offered by both businesses.
November 09, 2023
Risk inflows increase in FY23 but sales decline: PFL data
Year-on-year risk inflows rose 2.1 per cent in FY23 compared to the previous financial year, but risk sales finished down according to data from Plan for Life.
November 08, 2023
ASIC updates investor alert list
ASIC has released the new “investor alert list” so that consumers can check if an entity they are considering investing in is unlicensed, fraudulent, or a scam.
November 08, 2023
Australians anxious about money for retirement: MLC research
While most Australians are taking steps to strengthen their financial situation, many need additional support to achieve their financial goals and get ready for retirement, according to research from MLC.
November 08, 2023
