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Global regulators chart ESG path for companies to follow in 2024

In 2023 governments came to a general awareness that to achieve net-zero, robust and consistent ESG policy frameworks must be put in place. In 2024, we should...

Remuneration and regulation: The biggest advice and investment stories of 2023

Adviser remuneration was a clear thematic this year, with the top two stories focusing on salary levels. Practice management and regulation, once again, played...

Integration and ‘platform approach’ will guide compliance into new age: MIntegrity

While technology’s role in compliance is becoming more prominent, advisers and brokers are still looking for clarity on what vehicles will carry that...

Innovation in practice: Thematic investing and managed accounts

To provide a value proposition that stands apart, wealth management practices must be adaptive and consider the range of investment products available. Two...

'Their mood will change': Lawyer warns against licensees signing sophisticated investor test

Cowell Clarke lawyer Richard Hopkin said there are reasonable grounds for licensees to certify clients as wholesale, but the practice invites a much higher...

Instos to re-enter advice, SOAs scrapped in landmark reform package

The government will now follow through on Levy's proposal to bring licensed financial institutions back into the advice fold, while also agreeing to...

Morningstar invested in nuclear weapons components against ESG claims: ASIC

The five holdings were only for about two weeks each, and then divested as soon as Morningstar became aware of them. But ASIC takes a seriously dim view of ESG...

'Really concerned': Jones admits worry over QAR draft, stands by advice reform schedule

"I was really worried people would say ‘Is that all?'" the minister said, before explaining that he didn't want to submit key compliance reforms until they...

Code of Ethics important, but it won't supplant the Safe Harbour Steps

The government's position on what to do with the Safe Harbour Steps is no longer clear, but the chances of seeing it supplanted by the existing Code of Ethics...

The advice business that thrives will align towards its true niche

To make advice work, advisers need to home in on the centre of their business proposition, sometimes at the expense of their better intentions.

Start counting the ways AI can help an advice business grow

The potential for artificial intelligence to aid the delivery of financial advice is being recognised globally, and should lead to a "redefinition" of the...

Advisers want one thing above all else from their fund managers: Report

Advisers still place a lot of emphasis on historical performance and fees when they sum up the value of a fund manager, but it's the thinking behind their...

Advice reform stalls as Jones dithers on SOA, safe harbour changes

Even with a lightened agenda, the government failed to finish its homework and instead delivered only a portion of the first tranche of advice reforms. It's a...

Shareholder groups ASA and AIA merge to create 'powerful entity'

The Australian Shareholders' Association and the Australian Investors Association have agreed to amalgamate in the new year, seeking to grow their membership...