EXIT

Financial planning

The Commonwealth Bank has cleared the way for exiting its self-employed adviser ‘Pathways’ franchise following issues initially notified to the Australian Competition and...

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Funds management

Meme Capital Management has announced that its only publicly-available offering, The Dual Momentum Fund, was wound up in June....

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Superannuation

Sunsuper’s chief executive, Scott Hartley, has announced he will depart the super fund following the appointment of a successor, as he was looking for a new challenge....

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Financial planning

Westpac’s advice business was a loss-maker and the big banking group is already estimating the dollar benefits of divestment....

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Financial planning

National Australia Bank may have confirmed the exit of its chief executive and chairman but it has acknowledged it still does not know how much client remediation will co...

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People & Products

Key AMP Limited self-managed superannuation fund business, SuperConcepts has taken a hit with the exit of its chief executive, Natasha Fenech....

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People & Products

Brian Benari will retire as chief executive of Challenger and be replaced by Richard Howes....

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Financial planning

The financial planning landscape is facing a tectonic shift as the major banks look to exit their wealth management business, something underlined in Money Management’s l...

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People & Products

Pauline Vamos has left her chief executive role at Regnan....

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Financial planning

National Australia Bank has confirmed its intention to exit its wealth businesses including MLC but excluding JB Were and nabtrade....

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People & Products

Incoming Commonwealth Bank chief executive, Matt Comyn has moved to place his own stamp on the bank, announcing three senior executive departures....

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Financial planning

ANZ has announced the exit of its Asian retail and wealth businesses in a sale to Singapore’s DBS Bank....

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Financial planning

Synchron’s Don Trapnell said he intended to appoint a general manager within two years to enable him to begin his exit strategy process, while the firm also hired a compl...

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Financial planning

Adelaide-based Goldsborough Financial Services has returned to 100 per cent partner control with the exit of a 49 per cent private equity stakeholder....

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JOHN GILLIES

Amazing ! Between the beginning of licencing Feb 2002 and 2008 this was a very good stable industry.Then the do-gooders...

12 hours ago
So happy to hear this

It couldn't happen to a more worthy organisation - good luck to the heroes coming to clean the place up!...

13 hours ago
Toni Watson

Yes used the money that should have been invested as if it was his own. Thought he was invincible but the house of cards...

13 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