Investment platforms shift their focus
Investment platforms are shifting their focus away from consolidation towards developing and upgrading their products, particularly in relation to their technology infrastructure. Meanwhile, Shadforth Financial Service's Charles Badenach was named Money Management's Financial Planner of the Year at the Financial Planning Association national conference. This and more in the latest online edition of Money Management.
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ASIC has permanently banned a former Perth adviser after he made “materially misleading” statements to induce investors.
The Financial Services and Credit Panel has made a written order to a relevant provider after it gave advice regarding non-concessional contributions.
With wealth management M&A appetite only growing stronger, Business Health has outlined the major considerations for buyers and sellers to prevent unintended misalignment between the parties.
Industry body SIAA has said the falling number of financial advisers in Australia is a key issue impacting the attractiveness and investor participation of both public and private markets.
