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MM Newsletter
24 May 2024
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Latest News
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Financial planning
Will adviser numbers see greater stability
in 2024?

As YTD financial adviser growth approaches parity with 2023, Wealth Data’s Colin Williams is optimistic that adviser losses will be less severe in 2024 due to increasing steadiness in the profession.

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Financial planning
Work/life balance a key attraction in employee retention

Employers should not panic if remuneration budgets are too stretched to offer salary bumps, according to two recruiters, as staff say they are also attracted to a greater work/life balance when accepting a promotion.

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Financial planning
Former Millennium3 CEO to lead AZ NGA subsidiary

AZ NGA subsidiary Nestworth, which recently acquired the financial advice business of Australian Unity, has appointed a former senior Insignia executive as CEO.

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Funds management
Directors risking unintentional greenwashing by avoiding ESG obligations

Failure to meet ESG compliance obligations can leave financial services directors walking a tightrope of risk, according to PwC, as ASIC urges firms to prepare for climate reporting.

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Funds management
Australian Ethical makes $5.5m acquisition of fixed income manager

Australian Ethical has announced it has entered into a binding agreement to acquire a sustainable fixed income manager, increasing its FUM by around $2 billion.

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Funds management
Cromwell doubles down on Australia with European platform sale

The property group has announced the sale of its European funds management platform for $457 million as it looks to Australia and New Zealand for future growth.

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Podcast
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Editorial
Relative Return: The role of real estate in
a portfolio

In this episode of Relative Return, host Laura Dew speaks with Andrew Lockhart, managing partner at Metrics Credit Partners, about commercial property and real estate equity.

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