Industry Updates

AZ NGA acquires stake in McLean Delmo Bentleys

AZ Next Generation Advisory (AZ NGA) has acquired a strategic stake in McLean Delmo Bentleys, a mid-tier accounting and advisory firm with over 2000 clients, as the group rapidly expands its Victorian footprint.

Magellan head of marketing joins Schroders Australia

Magellan head of marketing Lucy Briggs has departed the troubled fund manager to join Schroders Australia in the same role.

FAR commences displaying tax (financial) advice status

The ASIC Financial Advisers Register now officially displays whether financial planners can provide tax (financial) advice.

Cbus Super appoints portfolio strategist and senior analyst

Cbus Super has appointed Divya Jain and Nathan Cotton as portfolio strategist and senior analyst, respectfully.

AMP completes infrastructure deal with DigitalBridge

AMP has completed the sale and transfer of the Collimate Capital international infrastructure equity business to DigitalBridge Group.

Open letter from 15 FPA and AFA leaders endorses merger

The importance of the proposed merger between the Association of Financial Advisers and Financial Planning Association has been highlighted in an open letter by 15 current or former leaders of both associations.

Sequoia appoints investment manager

Sequoia Financial Group has appointed Winston Sammut to the role of investment manager.

Future2 Foundation announces grant recipients

The Financial Planning Association’s Future2 Foundation has awarded $149,000 to 15 not-for-profit organisations in its 2022 funding round.

Class appoints BDM 

Class has appointed David Goldsmith as business development manager.

Zurich launches fourth global start-up competition

Zurich Insurance Group has launched the fourth edition of its Innovation Championship, a global open innovation contest with start-ups in the insurance sector.

SMSF Association offers pathway for FPA members to gain SSA designation

The SMSF Association has joined forces with the Financial Planning Association to launch an express pathway for the SMSF Specialist Advisor (SSA) designation.

Fee renewal reminders among Netwealth notification upgrades

Netwealth has upgraded its notification system to improve notifications for advice fee renewals, amongst over 40 feature additions.

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