Money Management understands there are around 90 objections to the AMP buyer of last resort class action, with a settlement hearing due to take place at the end of August...
BlackRock has promoted Tomoko Ueda as its new chief operating officer for Asia Pacific....
Fund manager PM Capital has expanded its intermediary distribution team in regional Australia with an appointment from State Street Global Advisors....
US fund manager T. Rowe Price says it is committed to Australia despite closing its Australian equities strategy with a focus on global equity funds for the intermediary ...
With the exit of over 1,000 advisers from AMP, questions have been asked as to how this will affect assets on the North platform. ...
As the number of new entrants to the industry passes 100 for FY25, ASIC reports that firms are finding it a positive experience and has highlighted three areas to improve...
While ETFs are growing in popularity with advisers, there is a growing divide in demand between those which are index and active, and advisers are “unconvinced” by the ac...
Federated Hermes has expanded its Australian and APAC distribution team with a newly created role....
Wrap platform Expand has announced it has doubled the number of separately managed accounts available for advisers, with five new investment managers added....
AMP chief executive Alexis George has detailed to Money Management how its exit from advice will change the industry, allow greater scale for advisers and a new role for ...
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...