Crestone has finalised its acquisition of UBS Wealth Management Australia, and has started operating with $14 billion in AUM. ...
Industry groups are urging the Government to turn its attention to other recommendations cited in the FSI such as simplifying statements of advice even as election fever ...
Fintech start-ups can rely on third parties for sign off to meet their competence obligation but it isn’t clear whether they are liable if the start-up fails, a lawyer sa...
Employers in finance, insurance and real estate plan to boost headcount in Q3 2016 as firms look for specialised IT skills to keep pace with technological developments an...
The increased professional standards in financial advice should require a Bachelor in Financial Planning rather than ‘degree equivalent’ to truly professionalise the indu...
The rapid increase of communication technology and social media use, along with regulatory change, will make financial advice businesses more accountable than ever to the...
Former BT Select practice, BCB Financial Planning has chosen to be licensed by GPS Wealth, with GPS Wealth planning on striking further agreements with other accounting f...
CFS has introduced online tools to enable instant set-up of client accounts and will launch various managed accounts solutions on its wrap....
Calls to change negative gearing provisions were not based on rigorous economic modelling and should not be done without a comprehensive tax review. ...
Wealth managers were the least technology-literate in financial services despite digital demand from HNWIs, with a report pointing to complacency and a focus on tradition...
AMP has settled on two court proceedings: one class action which affected superannuation members and a second regarding insurer policies. ...
ASIC has released the results of the latest adviser exam, with August’s pass mark improving on the sitting from a year ago. ...
The inquiry into the collapse of Dixon Advisory and broader wealth management companies by the Senate economics references committee will not be re-adopted. ...
The succession dilemma is more than just a matter of commitments.This isn’t simply about younger vs. older advisers. It’...
Significant ethical issues there. If a relationship is in the process of breaking down then both parties are likely to b...
It's not licensees not putting them on, it's small businesses (that are licensed) that cannot afford to put them on. The...