Wealth

Advice technology provider Ignition Advice has recruited a new deputy chair.

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Advice technology provider WealthO2 has continued its hiring spree with the appointment of a new chief distribution officer.

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Despite the COVID crisis, Netwealth has upped its forecast inflows for the 2021 financial year, after pulling a $4.8 billion (or 14 per cent) increase in funds under administration in the December quarter.

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Platform provider HUB24 has revealed it will instruct the listed advice group to conduct a “strategic review” with a view to restructuring the business if its bid to acquire a 40 per cent stake is successful.

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ASIC’s new design and distribution obligations will place pressure on super funds to shift their strategies and leadership structures, with the head of a regtech forecasting the rise of chief product officers.

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