How many advisers exited in FY22–23?; Court rules AMP ‘went too far’ with disproportionate BOLR change

Wealth Data has shared how many advisers left the industry in the last financial year and how they compare to the previous financial year.

A failure to provide a valid ‘legislation, economic, or products’ reason to make disproportionate changes to the BOLR policy forms the crux of AMP Financial Planning’s defeat in Federal Court this week.

Winner of Global Property Securities Fund of the Year at the Fund Manager of the Year awards, Quay Global Investors has discussed where the property tailwinds lie and the benefits of being singularly focused on an asset class.

Nominations and submissions have opened for the Super Fund of the Year awards, which is celebrating its 10th year anniversary.

Magellan’s funds under management have fallen below $40 billion as at the end of the 2022–23 financial year after institutional outflows returned after a lull in May.

Enda Mahoney, former chief technology officer at Mason Stevens, has taken up a similar role at Ignition Advice with the remit of leading its platform and product division.

In this episode of Relative Return, host Phil Tarrant chats to Simon Aboud, chief product and marketing officer at Allianz Retire+, to discuss innovation in the retirement space.