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MM Newsletter
21 May 2024
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Latest News
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Financial planning
To scale or not to scale a growing advice practice?

The decision to scale up a small advice practice can be a difficult judgement call. Money Management speaks with two advisers on whether the potential gains outweigh the initial costs for their business.

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Financial planning
Will ETF usage kill advice?

The popularity of ETFs, which are approaching $200 billion in Australia, is a potential threat to the advice landscape if consumers opt to invest directly, according to this senior partner.

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Promoted Content
Annuities and high-net-worth clients: a strategy consideration

Meet Michael and Michelle, they are keen to leave their kids a significant benefit following their passing but also want the ability to spend comfortably and confidently in retirement.

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Financial planning
Former AMP adviser makes call to arms over BOLR settlement

A former AMP financial adviser has urged advisers in the BOLR class action against AMP to object to the “unfair and unreasonable” $100 million settlement sum as the objection deadline approaches on 22 May.

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Financial planning
Two Victorian advice firms complete merger

Two Victoria-based financial advice practices have merged and rebranded as Forbes Fava Saville Financial Planning, as the firm realises the benefits of added scale.

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Financial planning
FSCP issues reprimand over SOA failings

The Financial Services and Credit Panel has made its latest ruling over a case involving an incorrect Statement of Advice.

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Funds management
GQG completes M&A to form Private Capital Solutions division

GQG Partners has completed the acquisition of the minority interests held by Pacific Current Group in three affiliates which will form its new Private Capital Solutions division.

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Podcast
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Editorial
Relative Return: The appeal of global
private credit

In this episode of Relative Return, host Laura Dew speaks with Russel Pillemer, chief executive of Pengana Capital Group, to discuss the opportunities in global private credit in this market environment.

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