Which platforms have received the highest adviser rating?; Count Financial class action trial pushed to Q1 2024

There are three standout platforms dominating the advice market, based on feedback to Adviser Ratings, as the shrinking pool of advisers become a powerful arbiter.

Earmarking some $520 million in an indemnity deed to former subsidiary Count Financial, CBA’s full-year results reveal a trial date has been fixed for March 2024.

New research from Findex has revealed that Millennials have the most to gain from ongoing financial advice and could be $664,000 ahead in net assets at 65 than their non-advised peers.

The Chinese economy may be a downside risk but investors should not expect it to impact heavily on global growth, according to Magellan Global fund manager, Arvid Streimann.

There is often an expectation gap between the ESG or sustainable funds that advisers pick and the assets that their clients want to hold, according to Perennial.

Michael Goosay has been appointed as the managing director of global fixed income and portfolio manager on select strategies at Principal Asset Management.

Risk targeted investing’s approach to changing market conditions combines realism and preparedness, taking the pressure off advisers and their clients, writes Tony Edwards.