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4 days ago | 
ifa.com.au | Shy-ann Arkinstall |Jasmine Siljic
ASIC released a statement on 3 June calling on relevant providers and their authorising Australian Financial Services (AFS) licensees to immediately check all relevant information on the Financial Advisers Register (FAR).
In the lead-up to the 1 January 2026 deadline for relevant providers to meet the qualifications standard, ASIC conducted a second spot check of the FAR to assess the accuracy of relevant provider qualifications.
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6 days ago | 
ifa.com.au | Maja Garaca Djurdjevic |Jasmine Siljic
It was first announced last November that LGT Crestone had signed an agreement to acquire Commonwealth Bank of Australia’s (CBA) personal advice business, Commonwealth Private Advice.
In a statement on Monday (2 June), LGT Crestone confirmed the deal has reached completion, seeing approximately $5 billion in assets under advice and 38 experienced professionals, including 18 investment advisers, brought across to the firm’s national advice network.
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1 week ago | 
investordaily.com.au | Jasmine Siljic
Research shows institutional investors are increasingly turning to private credit, but the APAC region’s relatively small market size remains a key constraint.
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1 week ago | 
ifa.com.au | Shy-ann Arkinstall |Jasmine Siljic
DASH’s partnership with S64 was designed to enhance private market investment accessibility for Australian financial advice practices and their clients, the firm stated.
Headquartered in the UK, S64’s modular technology platform assists private banks, advice businesses and investment managers globally to provide private market investments at scale. It also allows firms to design and distribute their own private market offerings.
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1 month ago | 
ifa.com.au | Shy-ann Arkinstall |Jasmine Siljic
Responsible Investment Association Australasia (RIAA) research in 2024 discovered that 88 per cent of Australians expect their investments to be responsible and ethical, up from 83 per cent in 2022.
As the demand for responsible and ethical investment grows, Nanuk Asset Management noted the broad umbrella term “ESG” – an environmental, social, and governance framework – has been misunderstood by some investors.
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1 month ago | 
investordaily.com.au | Jessica Penny |Jasmine Siljic
24 April 2025 04:53 PM By Jessica Penny and Jasmine Siljic 6 minute read Facebook X LinkedIn Copy link According to a CIO, alternatives are “a game for the big”, with manager know-how key for strong returns. Alternatives are increasingly becoming a compelling addition to a traditional 60–40 portfolio, according to Lonsec Investment Solutions’ chief investment officer (CIO), Nathan Lim. But success depends on manager know-how, particularly in private assets.
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1 month ago | 
ifa.com.au | Shy-ann Arkinstall |Jasmine Siljic
Rose Partners announced the acquisition of MSI Taylor, an accounting and advisory practice with offices in Brisbane and Gold Coast.
This will see Rose Partners strengthen its presence on Australia’s east coast as it looks to become a national mid-tier firm. Through its purchase of MSI Taylor, Rose Partners will expand to eight partners and 75 employees.
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1 month ago | 
ifa.com.au | Shy-ann Arkinstall |Jasmine Siljic
In an ASX announcement, the investment manager saw its funds under management (FUM) fall by $5.9 billion, or 5 per cent, to $115.2 billion.
This was due to $3.7 billion in negative market movements, $1.9 billion in net outflows, and $300 million in client distributions. Net outflows included the derecognition of $800 million in FUM from Merlon Capital Partners.
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1 month ago | 
ifa.com.au | Shy-ann Arkinstall |Jasmine Siljic
Some 21 new entrants joined the industry over the week ending 10 April, leading to a double-digit growth of 24 advisers on the Financial Advisers Register (FAR) and bringing overall numbers to 15,600.
Wealth Data attributed the strong surge in new advisers to the results of ASIC’s recent adviser exam held on 6 March. Some 241 candidates sat the exam and 73 per cent of them passed.
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1 month ago | 
ifa.com.au | Shy-ann Arkinstall |Jasmine Siljic
In the three months to 31 March 2025, the wealth management platform’s funds under administration (FUA) rose $2.5 billion – or 2.5 per cent – from $101.6 billion in the previous quarter to $104.1 billion.
This included FUA net flows of $3.5 billion, down 22 per cent from net flows of $4.5 billion in the December quarter, which were offset by negative market movements of $1 billion.
