FAAA recommends sunset clause in experience pathway; ESG teams see salary bump after internalisation push

The Financial Advice Association Australia has recommended a 10-year sunset clause in the experience pathway to support older advisers, as it reveals its membership is equally divided on the pathway in its current state.

A supply/demand problem in the recruitment of ESG professionals as firms hire more in-house staff is leading salaries for the highest-paid ESG heads to reach $400,000.

The naming of ESG funds could be a hindrance to flows as growing regulatory enforcement action against greenwashing prompts investors to seek out those funds that “fly under the radar” about their credentials.

An overwhelming 99.94 per cent of shareholder votes have been cast in favour of a successful name change to Count Limited, signalling a “dynamic new phase” for the firm.

The devil is in the details with Michelle Levy’s recommendations, according to Insignia CEO Renato Mota, who sees the review as a fantastic opportunity for meaningful structural change — if implemented correctly.

Jeremy Lawson, chief economist and head of the abrdn Research Institute, will join the international department of the Reserve Bank of Australia as deputy head, effective August 2023.

A conversation between Elon Musk and Google co-founder Larry Page reveals the sociopathic nature of the Big Tech companies that dominate ESG funds.