FINANCIAL PLANNING

INDUSTRY NEWS

The breakaway dealer group of 22 RetireInvest planners from Victoria will be known as Iris Financial Group when it launches later this month....

INDUSTRY NEWS

It’s official. After three years living together, ING and ANZ have signed the papers and will this year get hitched for real through their joint venture company, ING Aust...

INDUSTRY NEWS

AXA has cut the fees on its Summit platform in a move that the company admits is partly due to competitive pricing from ‘lite’ platforms....

INDUSTRY NEWS

Challenger Financial Services Group has confirmed it is in discussions with HSBC to acquire HSBC Asset Management (Australia), as first flagged by Money Management yester...

INDUSTRY NEWS

AMP Capital Investors has signalled a greater emphasis on hedge fund product development, in the wake of chief investment officer Merv Peacock announcing his retirement....

INDUSTRY NEWS

Listed dealer group DKN Financial put a number of shares up for sale today, having accrued a bank of available stock after it encouraged smaller share holders in January ...

INDUSTRY NEWS

The Australian Securities and Investments Commission has opted to restructure its regulatory team rather than appoint a direct replacement for outgoing executive director...

INDUSTRY NEWS

Research house Standard & Poor’s is considering a change to its process of reviewing fund managers, just weeks after its purchase of rival Assirt Research from the St Geo...

INDUSTRY NEWS

The chief executive of HSBC Asset Management (Australia), Barry Sheehan, has not denied speculation that the business has been sold to Challenger Financial Services....

INDUSTRY NEWS

The Federal Government will move to override state laws in order to give employees on state based employment awards the option to choose their own superannuation fund....

INDUSTRY NEWS

A year after the implementation of the financial services reforms, planners are struggling to absorb the costs of compliance, particularly for statements of advice. Advis...

INDUSTRY NEWS

The Investment and Financial Services Association has called for a three-year deferral of the introduction of dollar fee disclosure regulations on closed financial servic...

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MARKET INSIGHTS

So we are now underwriting criminal scams?...

5 months ago

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

5 months 1 week ago

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

7 months 1 week 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...

2 weeks 1 day ago

ASIC has cancelled the AFSL of an advice firm associated with Shield and First Guardian collapses, and permanently banned its responsible manager. ...

3 weeks 4 days ago

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

5 days 12 hours ago