A new venture backed by major Italian wealth manager Azimut and headed by former CBA and ANZ executive Paul Barrett is sizing up advice acquisition prospects.
Former Zurich senior program manager Paul Brain has been hired to take up the reins as chief operating officer of the new venture.
Superannuation is the asset class with the biggest loss to date in 2022.
Managed accounts are key to ensuring the sustainability of an advice practice, experts have said.
Insignia believes advisers should be issued a practicing certificate by a centralised body.
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