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MM Newsletter
02 Sep 2024
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Latest News
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Financial planning
How can advice firms boost PY retention?

Providing well developed professional year programs and offering flexible working arrangements are two key drivers leading to higher retention of new advice entrants, two experts say.

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Superannuation
APRA’s latest test reveals positive trends
in super

While all MySuper products successfully passed the latest performance test, trustee-directed products encountered difficulties.

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Promoted Content
Why Mutuality Powers Successful Adviser-Insurer Relationships

PPS Mutual rated Best Retail Insurer of the Year & highest Net Promoter Score (NPS) in the industry. Reflecting the benefits of the mutual model, its adviser support, service standards and product offering.

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Financial planning
Count sees 104% FUA growth in ‘transformative’ FY24

The licensee has become the second-largest wealth management advice firm in Australia, with its funds under advice hitting $34.2 billion in FY24.

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Funds management
Centrepoint Alliance stake brings in $1.1m
for COG

COG Financial Services has detailed the impact that the acquisition of a 20 per cent stake in Centrepoint Alliance has made on its performance and future business strategy.

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Promoted Content
3 reasons founder-led companies can outperform

Learn three reasons why founder-led companies can help unlock investment success.

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Funds management
Clime suffers $3.8m loss post-Madison divestment

Clime Investment Management has reported a statutory loss of $3.8 million for FY24 following a “challenging period” for the firm, however is on a “clear path to recovery” following the Madison sale.

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Financial planning
International advice firm rebrands with
wealth focus

Hoxton Capital Management has rebranded its business to have a greater focus on wealth management and technology.

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Feature
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Features
‘Never too early, often too late’: Thinking about succession planning

With business owners very rarely planning their exit from the advice practice in advance, three experts underscore why succession planning is critical for long-term success.

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