"FINANCIAL PLANNING"

Financial planning

IOOF managing director, Christopher Kelaher has pointed to a reshaping of the business with an emphasis on its wealth capabilities through strategic acquisitions....

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News

The Commonwealth Bank has reported another solid six month result but its wealth management division continues to labour under the burden of a difficult insurance busines...

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People & Products

GPS Wealth’s cloud-based MoneyBowl software is gaining further traction as new modules are rolled out....

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Policy & Regulation

A Parliamentary Committee has been warned that if Government policy encouraged heavy drawdown on home equity the residential aged care funding regime would be placed at r...

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News

Challenger has announced another strong half amid further key distribution deals including via BT’s Panorama platform later this year....

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Funds management

Challenger and Standard Life Investments have entered into a new partnership to deliver a global bond product within Challenger’s annuities offerings....

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Financial planning

Financal planners have been accused of sewing the seeds of doubt about the long-term future of the Age Pension....

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Financial planning

AMP Limited has confirmed a deliberate run-down of adviser numbers at the same time as announcing a full-year net loss of $344 million driven by problems in its insurance...

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Financial planning

OneVue’s Platform Services offering has broken new ground with a “profit-for-member” client coming aboard....

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Policy & Regulation

The Financial Services Council has countered ASIC calls for more legislative power by arguing that self-regulation via the code of conduct is a better option....

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Policy & Regulation

The Parliamentary Committee review into the life insurance industry has received new calls to demand appropriate data properly defining what is and is not ‘churn’....

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News

Churn may well be occurring in the client’s best interests, according to the Australian Securities and Investments Commission....

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Policy & Regulation

The Australian Bankers Association claims its members will need around a year to accommodate changes to competition laws, particularly the “effects test”....

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Funds management

Industry funds-backed IFM Investors has taken a cornerstone stake in Decimal Software giving it a stake in the roll-out of digital advice....

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Financial planning

Enhancements to the Financial Advice Register may see planners required to hold a unique identifier....

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Never miss the latest news and developments in wealth management industry

Squeaky'21

My view is that after 2026 there will be quite a bit less than 10,000 'advisers' (investment advisers) and less than 100...

4 days 10 hours ago
Jason Warlond

Dugald makes a great point that not everyone's definition of green is the same and gives a good example. Funds have bee...

4 days 11 hours ago
Jasmin Jakupovic

How did they get the AFSL in the first place? Given the green light by ASIC. This is terrible example of ASIC's incompet...

5 days 10 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....

9 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. ...

8 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....

9 months 1 week ago