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MM Newsletter
20 Nov 2023
Latest News
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Financial Planning
Bridging the adviser shortage one entrant at a time

Two industry professionals have shared the vital role of graduate programs in attracting new entrants into the financial advice profession before they leave university.

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Financial Planning
COG makes $13m stake in advice licensee as ClearView exits

Following its withdrawal from the Diverger deal just days ago, COG Financial Services has announced a $13 million stake in a financial services licensee.

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Financial Planning
Count ups Diverger bid after shareholder pushback

Count has raised its offer to acquire 100 per cent of Diverger, with Diverger’s board “unanimously” recommending the deal is in its best interests.

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Funds Management
‘Higher for longer’ prompts flight to fixed income by advisers

The interest rate environment of “higher for longer” is prompting financial advisers to increase their weightings to fixed income and cash.

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Funds Management
CFS Edge expands with $3bn in SMAs

Colonial First State has added $3 billion in more than a dozen separately managed accounts from Infinity Asset Management to its Edge platform.

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People Products
Aware Super launches digital advice tool to improve retirement confidence

Aware Super has released a tool called My Retirement Planner, which is expected to be launched widely in 2024, to provide insights into retirement confidence.

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People Products
DASH makes two senior appointments

DASH has made two senior appointments to position the technology company for future growth.

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Feature
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Features
Investors seeking safety in ‘cash cow’ ETFs

Cash ETFs are attracting high inflows as investors flock towards liquidity and defensive strategies in their investment portfolios, driven by structurally high inflation and market uncertainty.

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