BT Financial Group head of wrap Dean Thomas has defected to Sealcorp after only six weeks in the role following the latter poaching him to join as its director of product...
Risk insurance group PrefSure Life will cut its ties with up to 1500 financial planners choosing instead to focus on a core group of 45 advisers, saving $3 million in exp...
Citigroup Asset Management (CAM) is set to expand its retail presence in the Australian market with plans to launch a range of new products with the aim of building on it...
Asteron, the financial services arm of listed insurer Promina, has restructured its Australasian senior ranks, resulting in a number of new appointments across the group....
Virtual wrap provider Praemium Portfolio Services is set to add to its recent list of deals with the pending announcement that the system will be linked to Skandia’s inve...
Mercer Investment Consulting head of research for retail products Chris Durack has been snared by Perpetual Investments to take on a new role covering research relationsh...
Equity Trustees (EQT) has struck a deal with Aberdeen Asset Management to provide responsible entity (RE) services for a range of the latter’s Asian equities funds....
The Federal Government has backed down on plans to remove complying pensions from self managed superannuation funds (SMSF) with the addition of a transition allowing use ...
After seven years of political hand-balling, choice of fund legislation was passed by the Senate last night to become Australian law with the Federal Government set to sp...
The Australian Prudential Regulation Authority is ramping up efforts to ensure superannuation trustees comply with the new superannuation licensing regime due to come int...
Commonwealth Bank has formally dropped to zero advisers following LGT Crestone’s acquisition of its advice arm – some six years on from the Hayne royal commission. ...
ASIC has cancelled the AFSL of an advice firm associated with Shield and First Guardian collapses, and permanently banned its responsible manager. ...
ASIC has banned a former NSW adviser from providing advice for 10 years for investing at least $14.8 million into a cryptocurrency-based scam. ...
So we are now underwriting criminal scams?...
Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...
Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...