We put together some wealth management industry news that may interest professionals in superannuation, life insurance, banking & credit, or investments!

According to Wealth Data, Insignia loses 24 advisers in the last week, bringing its total losses for the year to a notable 112, almost three times the losses at AMP. https://www.moneymanagement.com.au/news/financial-planning/insignia-outpaces-amp-over-100-adviser-losses#:~:text=Insignia%20has%20seen%2024%20adviser,40%20for%20the%20calendar%20year.   

According to Natixis Investment Managers, Australia ranks third in the world for finances in retirement, but the nation’s ranking has fallen in the overall global retirement index. https://www.im.natixis.com/us/resources/2023-global-retirement-index-full-report

AIST, ISA complete merger with a new collective body emergingfrom the merger, named the Super Members Council of Australia. https://www.investmentmagazine.com.au/2023/09/isa-aist-merged-association-announces-name-change/

Global X and VanEck both unveil their latest ETFs, focused on cyber security and government bonds. https://www.moneymanagement.com.au/news/funds-management/global-x-and-vaneck-announce-latest-etf-launches

More than 240 women in the finance industry qualify as finalists at this year’s Women in Finance Awards. https://www.accountantsdaily.com.au/business/19076-finalists-unveiled-for-women-in-finance-awards-2023

Prime Super acquires a utilities provider, Active Utilities, to provide electricity, gas, and water, as well as end-to-end billing and customer support services. https://www.primesuper.com.au/assets/Documents/Media-releases/Media-Release-Prime-Super-acquires-Active-Utilities-19.09.23.pdf

Risk Hub and LGF Financial Services (Loyalty) are collaborating on a pilot project aimed at addressing the scarcity of risk advisers in the country. https://www.financialstandard.com.au/news/project-to-tackle-dwindling-number-of-risk-advisers-179801350?utm_medium=email&utm_source=WildebeestNewsletter

TAL launches new look Accelerated Protection range redesigning its products and increasing upfront affordability. https://www.tal.com.au/about-us/media-centre/TAL-helps-advisers-assist-more-clients-with-release-of-redesigned-Accelerated-Protection-products

We are an Australian-based wealth management recruitment firm. We specialise in recruitment for superannuation, life insurance, general insurance and investment professionals. If you are interested in learning more about how we are involved and what types of roles we have available or are looking for new talent, please email us at future@bkcon.com.au or call us at 02 9888 7888 for more information. Visit our job listings for current opportunities.