Powered by
MOMENTUM
MEDIA
POWERED BY MOMENTUM MEDIA
FINANCIAL PLANNING
INDUSTRY NEWS
AMP has announced this morning that it intends to appeal the verdict of its Buyer of Last Resort class action....
INDUSTRY NEWS
The Financial Services Council has noted the “enhanced risk” that comes from implementing changes to financial advice legislation simultaneously with the Quality of Advic...
INDUSTRY NEWS
A Melbourne financial adviser permanently banned by ASIC earlier this year is facing a maximum penalty of 20 years’ jail for obtaining financial advantage by deception, a...
INDUSTRY NEWS
Money Management crunches the numbers on ASIC’s data on Australian financial services licence approvals and how it compares over the last three years....
INDUSTRY NEWS
In a new report, Russell Investments has broken down the three types of financial advisers when it comes to financial decision making, disseminating knowledge and advocat...
INDUSTRY NEWS
ASIC has warned licensees they could face regulatory action if they fail to remediate customers in a timely manner as it reviews licensees' handling of RG 277 in its firs...
INDUSTRY NEWS
After seeing dwindling numbers of advisers and losing a Federal court case regarding an unpaid AFCA determination, NextGen Financial Group is to be wound up....
INDUSTRY NEWS
The planned acquisition of Diverger by Count will create the third-largest licensee in Australia, behind Insignia and AMP....
INDUSTRY NEWS
A Perth adviser who stole over $1 million from his clients has received a jail sentence in Perth District Court today, with the judge reprimanding his lack of remorse for...
INDUSTRY NEWS
Count has made a significant acquisition of a wealth and financial planning licensee in a deal that will create a combined business with funds under administration and ma...
INDUSTRY NEWS
Insignia is fast becoming the licensee to feel the biggest brunt of adviser departures, losing 24 this week and over 100 in the past calendar year, which is three times t...
INDUSTRY NEWS
Kaplan has unveiled new specialisations and elective subjects as advisers seek increasingly technical content to improve their practice....
Never miss the latest news and developments in wealth management industry
MARKET INSIGHTS
Podcast
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?...