ADVICE INDUSTRY

Policy & Regulation

Eight industry associations say the compensation scheme of last resort will become a “go to” rather than a last resort and excludes product providers from accountability....

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Financial planning

Challenger has reported a lower statutory net profit after tax which fell by $15 million to $308 million in FY19 due to the significant disruption in the advice industry....

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Financial planning

In a bid to help those advisers facing mental health issues generated by the significant changes confronting the industry, Money Management will use its upcoming Future o...

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People & Products

Stanford Brown has hired a senior business development manager as demand for managed accounts grows. ...

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MARKET INSIGHTS

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Never miss the latest news and developments in wealth management industry

Time to Go

I really can't see how getting rid of the safeguards with no other changes achieves anything at all. We're still the ea...

1 day 9 hours ago
Rob

Nowhere else in the world do innocent bystanders have to pay for the losses incurred to investors due to failed business...

1 day 12 hours ago
Time to Go

Yet everything states profitability is much higher in a larger practice. As a smaller planning practice it is a hard sl...

3 days 5 hours ago

AustralianSuper and Australian Retirement Trust have posted the financial results for the 2022–23 financial year for their combined 5.3 million members....

10 months 1 week ago

A $34 billion fund has come out on top with a 13.3 per cent return in the last 12 months, beating out mega funds like Australian Retirement Trust and Aware Super. ...

9 months 4 weeks ago

The verdict in the class action case against AMP Financial Planning has been delivered in the Federal Court by Justice Moshinsky....

10 months 1 week ago