Building a high-performing advice team; Abrdn CEO exits troubled manager

This senior consultant has emphasised why “playing the long game” of cultivating a desirable work culture is vital for high-performing financial advice firms and their teams.

Abrdn chief executive Stephen Bird is to depart the troubled fund manager, which has slashed hundreds of jobs, after four years as the firm “moves to fresh leadership”.

Meet Michael and Michelle, they are keen to leave their kids a significant benefit following their passing but also want the ability to spend comfortably and confidently in retirement.

With superannuation funds and financial advisers being the top two sources of information for retirees, a TAL white paper has revealed which they turn to first.

Clime has entered into a heads of agreement to divest Madison Financial Group to a rival licensee for $2 million.

Newly launched wealth technology platform HeirWealth has appointed multiple senior industry figures to its advisory board, including former MLC CEO Geoff Lloyd as chair.

The global asset manager has appointed a Sydney-based relationship manager from Netwealth to strengthen its partnership with the financial adviser community.

Asset managers have shared how it may be time for advisers to switch clients out of cash and term deposits and back into bonds.