Female advisers comprise less than a quarter of the profession; End of a 40-year era for RBA’s Lowe

According to Wealth Data, less than a quarter of all financial advisers on the ASIC FAR are women, with the accounting and super fund business models having the highest number of female advisers.

RBA governor Philip Lowe will mark his last day at the central bank today after more than 40 years as he hands over the reins to Michele Bullock.

Nominations and submissions have opened for the 2023 ifa Excellence Awards to be held in Sydney on 6 December.

Two national financial services businesses are set to merge this month to create a $64 billion diversified firm with more than 500 staff, striving to become ‘Australia’s trusted home for great advice’.

Perpetual has announced a shake-up of two funds as part of a strategic review, which is understood to mean two portfolio managers will depart the business.

The Financial Services Council has appointed two financial services chief executives to join its board.

Newly opened this year from its COVID-19 lockdowns, two tailwinds are in place which are making China a more appealing investment option for Australian investors.