FINANCIAL PLANNING

INDUSTRY NEWS

Credit Suisse is on the hunt for a new head of retail funds following the departure of Brian Thomas from the organisation....

INDUSTRY NEWS

The loss of Merrill Lynch Investment Management’s (MLIM) North American regional team to another fund manager, and its subsequent replacement by BlackRock, has prompted r...

INDUSTRY NEWS

Australians are now one of the world’s largest spenders, due to the property market boom, but are continuing to outlay more than they are able to earn, according to direc...

INDUSTRY NEWS

Researcher InvestorWeb has warned advisers to be aware of the risks associated with high yield credit investing compared with traditional fixed interest assets, as credit...

INDUSTRY NEWS

Portfolio administration provider Praemium has announced it will enter into the development effort for a set of standards that was jointly released last week by Coin and ...

INDUSTRY NEWS

The underlying structure of some platform products could impede the broad objective of the FPA’s conflict of interest principles which require advisers to stipulate what ...

INDUSTRY NEWS

Arrangements for the transition to the new superannuation system proposed in this year’s Federal Budget have come under question as the impact of the changes begins to si...

INDUSTRY NEWS

The time is right for Multiplex Group, which intends to establish a new fund comprised of prime CBD office assets after watching the sector for more than a decade....

INDUSTRY NEWS

The Macquarie Financial Services Group has stipulated the proposed sale of Walter Scott & Partners to Mellon Financial Corporation in the US will have no effect on the op...

INDUSTRY NEWS

Professional Investment Services (PIS) is considering whether to settle with clients who lost money in Westpoint’s failed investment schemes rather than face court, acco...

INDUSTRY NEWS

Many accountants are unaware of what constitutes unlicensed advice, meaning they are often treading a fine line between what they can and can’t discuss, according to thei...

INDUSTRY NEWS

AMP expects the focus of financial advice to shift as a result of the proposed changes to superannuation announced in this year’s Federal Budget, but has rejected suggest...

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

So we are now underwriting criminal scams?...

5 months 2 weeks ago

Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...

5 months 2 weeks ago

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

7 months 2 weeks ago

The RBA has handed down its much-anticipated rate decision, following widespread expectations of a close call....

1 week 2 days ago

The FSCP has issued a written direction to an adviser who charged clients “extraordinary fees” for inappropriate and conflicted advice, as well as encouraged them to swit...

3 weeks 3 days ago

ASIC has confirmed the industry funding levy for the 2024–25 financial year, and how much licensees can expect to pay....

2 weeks ago