RI Group forms Tasmanian alliance
RI Group, formerly known as RetireInvest Group (RI Group) has grown its presence in Tasmania, forming an alliance with Tasmanian-based B&E Personal Banking to provide financial advice.
Announcing the alliance today, RI Group chief executive Paul Campbell (pictured) said it formed part of the group’s continued focus on business growth.
B&E Personal Banking has more than 36,000 Tasmanian members and is described as offering a comprehensive and competitive range of banking products and services ranging from term deposits through to personal loans and general insurance.
RI Group is seen as filling the financial planning gap in the B&E service offering.
AUTHOR
Mike Taylor
Recommended for you
Retail investment into private credit funds could surpass that of sophisticated investors, according to ASIC, but the regulator admits it is unsure how and where these individuals are first being introduced to the vehicles.
With the high cost of advice keeping young Australians locked out of advice, a fintech provider has said digital advice is key for licensees to capture this unadvised demographic.
ASIC chair Joe Longo has announced he will step down at the end of his term, departing the corporate regulator in May 2026.
When it comes to the phase-out of AT1 bonds, Schroders fixed income manager Helen Mason has urged financial advisers to sell up sooner rather than later or risk capital losses.
