The nature of managed investment schemes has come under close scrutiny in the recent Environinvest case, writes James Lonie....
The financial services industry needs to be alert to the fact that the Government is tightening regulatory control of the industry and its markets – not in a legislative ...
Plunges more than 71 per cent during financial year despite revenue increase....
Embattled property funds management group Trinity has posted an after-tax net loss of $226 million for the financial year to June 30, down from a net profit of $34.5 mill...
When the industry funds refer to “vertically integrated financial institutions” they are really referring to the major banks and insurance companies. And they are right. ...
But equity and property market devaluations over the financial year hit revenue....
Prime Financial Group has posted a 55 per cent fall in net profit after tax for the 2009 full year, partly as a result of a 30 per cent fall in financial planning recurri...
Austock records net loss of $20.9 million for the 2008-09 financial year, while financial planning team grows funds under management in first year....
The cost of providing financial advice has not been readily measured or quantified across the industry, writes Paul Barrett....
Col Fullagar considers the plight of orphan clients who try to make an insurance claim....
In the final part of their series on the risks of margin lending, PAUL RESNIK and PETER WORCESTER conclude that planners need to stress test a client’s portfolio in order...
Unchanged profit of $1.6 million, while revenue drops 2 per cent....
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...
So we are now underwriting criminal scams?...