Australian Foundation Investment Company has seen profits rise by 45 per cent in 2019 to more than $400 million, as a result of ‘several one-off factors’. ...
Cooper Investors has opened its Global Endowment Fund to external investors, its first wholesale unit trust launch in five years. ...
National Australia Bank has appointed Ross McEwan as its group chief executive officer and managing director....
Sydney-based financial planning firm Jade Private Wealth has entered into receivership....
Adviser Ratings has launched a range of direct to consumer digital financial planning solutions on its Smart Tools register. ...
There was a sharp lift in business confidence in the second quarter of 2019, according to the quarterly NAB survey, as investors adjusted to the victory of the business-f...
Fidelity has moved underweight to equities in the near term, down from a neutral position, with focus on technology and financial stocks. ...
The Consumer Action Law Centre and the Financial Rights Legal Centre have reacted to the Treasury Law Amendment (Putting Members’ Interests First) Bill 2019 by stating th...
Xplore Wealth has announced the sale of its 50 per cent stake in Queensland financial planning business McGregor Wealth Management....
The potential appointment of Boris Johnson as UK Prime Minister has done little to reassure investors wary of the UK due to Brexit. ...
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. ...
The FSCP has issued a written direction to an adviser who charged clients “extraordinary fees” for inappropriate and conflicted advice, as well as encouraged them to swit...
ASIC has cancelled the AFSL of an advice firm associated with Shield and First Guardian collapses, and permanently banned its responsible manager. ...
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...