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FINANCIAL PLANNING

INDUSTRY NEWS

Insignia believes performance in its advice division will be less strong in the second half of the year as it exits from Godfrey Pembroke....

INDUSTRY NEWS

Iress chief executive Marcus Price has admitted the firm has seen clients re-evaluate their usage of Xplan and detailed future changes, as advisers complain the technolog...

INDUSTRY NEWS

AMP has launched a new estate planning offering across its financial advice network in response to client demand ahead of Australia’s looming intergenerational wealth tra...

INDUSTRY NEWS

Sequoia has reported an “abnormally high” NPAT increase of more than 4,000 per cent on the previous year, while reporting strong tailwinds for its licensee division and a...

INDUSTRY NEWS

Insignia Financial has reported an NPAT loss of $49 million in the first half of FY24 driven by strategic transformation costs and remediation payments....

INDUSTRY NEWS

Count chief executive, Hugh Humphrey, believes limited advisers providing advice at super funds and banks will benefit the firm’s business model by creating a new breed o...

INDUSTRY NEWS

The AMP buyer of last resort proceedings have hit another delay after a case management hearing in the Federal Court to approve the $100 million settlement was postponed....

INDUSTRY NEWS

The firm reported a “tremendous” 38 per cent revenue growth in its wealth management division for 1H24, as it strives towards its $100 million revenue target by FY30....

INDUSTRY NEWS

ASIC has accepted a court-enforceable undertaking from a former Melbourne financial adviser regarding advice on self-managed superannuation funds. ...

INDUSTRY NEWS

ASIC has issued a warning to advisers and their licensees after identifying deficiencies in their oversight of Choice super performance....

INDUSTRY NEWS

Iress has reported a statutory NPAT loss of $137 million in 2023 compared to a profit of $52.7 million in the previous year....

INDUSTRY NEWS

In its half-yearly results, Netwealth’s FUA has risen to $78 billion with net inflows of $9.5 billion, largely underpinned by a new cohort of financial advisers adopting ...

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MARKET INSIGHTS

Significant ethical issues there. If a relationship is in the process of breaking down then both parties are likely to b...

1 week 1 day ago

It's not licensees not putting them on, it's small businesses (that are licensed) that cannot afford to put them on. The...

2 weeks 1 day ago

So we are now underwriting criminal scams?...

6 months 2 weeks ago

After last month’s surprise hold, the Reserve Bank of Australia has announced its latest interest rate decision....

1 week 3 days ago

A professional year supervisor has been banned for five years after advice provided by his provisional relevant provider was deemed to be inappropriate, the first time th...

3 weeks 2 days ago

WT Financial’s Keith Cullen is eager for its Hubco initiative to see advice firms under its licence trade at multiples which are catching up to those UK and US financial ...

2 weeks ago