With Insignia Financial chief executive Renato Mota announcing he will depart in February 2024, Money Management takes a look at his five years in the leading role.
Advice licensees are opening faster than they are closing, and licensees with less than 20 advisers have grown by over 200 since the start of the year, new figures from Wealth Data show.
The corporate regulator has taken “ASX Wolf” Tyson Scholz to the Federal Court with a creditor’s petition after he failed to pay more than $450,000 owed to ASIC.
A former super executive has set up a retirement coaching program, warning Australia’s ageing population might be overlooking important considerations as they step into their next phase of life.
A former tax partner at PricewaterhouseCoopers (PwC) has been formally banned from providing financial services by ASIC for disclosing confidential information.
Helped by the increase in Superannuation Guarantee contributions, Australian Ethical has seen positive inflows of $114 million but suffered $124 million in investment losses.
The number of profitable practices channelling their time, capital and resources into self-licensed ventures is on the rise, a trend which larger licensees are observing closely.
