Money Management has collated five key takeaways from the Wealth Data weekly adviser movements over the last 12 months including the biggest month for departures and stats on new entrants.

With mergers and consolidation activity at a record high for Australia’s superannuation industry, Money Management rounds up the merger talk in the first half of 2023.

Although emerging markets managed to buck the trend, riskier assets such as equities, property, and mixed asset funds have seen record outflows in the second quarter of 2023, according to Calastone.

Ignition Advice has indicated it is moving away from a regional model in light of growth it is seeing in Europe and will not be appointing a dedicated Australian head to replace Craig Keary.

Count chief financial and operating officer, Laurent Toussaint, who acted as interim chief executive after the departure of Matthew Rowe, will exit in September after five years.

State Street Corporation has appointed its executive vice-president, Jessica Donohue, to head of global investment insights, sustainability, and impact.

Challenges to wills have been unrelenting as household debt grows so it is important to establish a watertight vehicle, writes Mercia Chapman.