What led an adviser to falsify his exam result?; Value for money: Justifying rising fees to clients

A financial adviser describes how he reached “breaking point” over the FASEA system when he falsified his financial adviser exam result, while the judge shares why he varied his permanent ban.

With the median annual advice fee up by 58 per cent from 2018, financial advisers are being encouraged to ensure clients confidently see value in the price they pay each year.

Australian Super, which has $315 billion in member assets and 3.3 million members, has shared its annual returns for the FY23–24.

Sequoia Financial Group has announced it is restructuring its business following a shareholder dispute which will see it reduce headcount by 10 per cent.

Asset manager BNY, parent company of fixed income specialist Insight Investment, has appointed a global head for BNY Investments and Wealth.

HMC Capital has completed its acquisition of private credit fund manager Payton Capital as it seeks to take advantage of the burgeoning opportunity in the asset class.

In this week’s episode of Relative Return, host Laura Dew speaks with Jordan Cvetanovski, chairman and chief investment officer at Pella Funds Management, about running his own business, ESG, and global equities.