FAAA calls for sole purpose test update to reflect QAR; Swanson resigns from Centrepoint Alliance board

The FAAA has called for APRA to update the sole purpose test to reflect changes under the Quality of Advice Review for super funds to provide advice.

Simon Swanson has resigned from the board of Centrepoint Alliance, just four months after being appointed as chair.

Money Management’s Portfolio Construction Guide 2024 aims to serve as a valuable resource for investors and financial advisers looking to build and preserve wealth in a rapidly evolving landscape.

The asset manager is bolstering its capabilities in the retirement space with the formation of a new team that will look into new retirement products and services.

The Australian fund manager has appointed Robert Hogg as group chief investment officer after an extensive market search, taking over the reins from Stephen Hiscock.

The private global asset manager has named a new head of intermediary distribution for the APAC and EMEA regions.

In this episode of Relative Return, hosts Charbel Kadib and Laura Dew reflect on the year that was, unpacking major developments across financial markets and the financial services industry over the course of 2023.