Clime Investment Management has faced shareholder backlash around “unsatisfactory” financial results as it announces corrective actions to return the firm to profitability. At its annual general ...

The Financial Services and Credit Panel (FSCP) has announced its latest verdict, suspending an adviser’s registration for failing to comply with his obligations when providing advice to three clients.

In this episode of Relative Return Unplugged, hosts Maja Garaca Djurdjevic and Keith Ford are joined by special guest Shane Oliver, chief economist at AMP, to break down what’s happening with the ...

Morningstar has made two business development appointments to drive the growth strategy of its financial advice software, AdviserLogic. The firm has welcomed Thomas Tolevski as national director and ...

Amid a growing appetite for alternative assets in client portfolios, investment executives emphasise manager selection plays a crucial role in achieving optimal returns. Investing in private assets, ...

Having sold Madison Financial Group to Infocus earlier this year, Clime has now opened a new financial advice licensee. The Australian financial services licensee (AFSL) – named Clime Advice – ...

Maria Lykouras is set to exit JBWere after more than two years as chief executive. Wealth manager JBWere manages around $49.6 billion in funds under management, with over $60 billion in assets under ...

Iress has revealed the number of clients per adviser that top advice firms serve, as well as how many client meetings they conduct each week. In November 2023, Iress and Business Health launched the ...

The growing use of drones is transforming warfare. Though their use on the battlefield dates back as far as World War I, recent conflicts, along with technological advancements and declining prices, ...

Licensees are being urged to write clear AI policies for their practices as soon as possible as the technology is mooted as the solution to closing the advice gap. Last week, Insignia stated it is ...

Insignia Financial has announced independent non-executive director John Selak will be stepping down next year after almost a decade. At the firm’s annual general meeting on 21 November, the firm ...

In an environment of M&A, CA ANZ has stated any company looking to acquire an advice firm should be prepared to bear responsibility for any compensation to aggrieved clients. In its submission to the ...