LaTrobe offers Qantas points bonus
LaTrobe Financial, emulating AustralianSuper, are now offering the incentive of Qantas frequent flyer points for every $1,000 invested.
The similar program launched by Australian was not without controversy over claims it breached anti-hawking provisions.
The LaTrobe offer would only apply to new investments over $10,000 into 12-month term accounts which had a current variable rate of 4.35% p.a. after fees.
Recommended for you
It can be extremely hard to realise the gains from financial advice M&A, according to Peloton Partners’ Rob Jones, and more could be gained from firms looking inward at their own practice.
With platforms reporting their quarterly results, there is a clear divide in the adviser markets they are targeting, according to platform specialist Recep Peker, and which would be right for your clients.
The Federal Court has imposed a $10 million penalty on Macquarie Bank for failing to prevent and control unauthorised fee transactions by third parties including financial advisers.
A financial advice firm has seen a weekly decline of 10 advisers, with all moving to a new licensee, while Centrepoint Alliance continues its “growth story”.
