The arrival of the Financial Services Reform Act in March last year engendered mixed feelings among those working in the financial services industry. At the corporate end...
When consultant Pauline Vamos received a copy of the Australian Securities and Investments Commission’s Financial Services Reform Policy Statement 181, she was as much in...
The monitoring and supervision of advisers by dealer groups for FSR compliance is “patchy”, according to Tribeca chief operating officer John Prowse....
Assirt Research has placed Perpetual Investment’s international equity funds on hold, pending a formal review of the group’s new team, style, and process....
Former InvestorWeb executives Toby Potter and Paul Collins have turned up at Model Portfolios, a new administration service for individually managed accounts....
Thanks to another administrative mishap, Tower Limited has been ordered by the corporate regulator to give $1 million back to customers whom it accidentally overcharged a...
MLC will present its new look MasterKey platform to the market next week when it goes live with a raft of changes announced late last year aimed at enabling advisers to m...
The major obstacle to Australia becoming a regional centre for funds management has been removed by the Senate’s passage of the New International Tax Arrangements (Manage...
Australian Unity Investments has continued to expand its specialisation in property funds management with the launch of a new high-yield mortgage trust....
Online broking firm E*Trade Australia has scotched rumours it will torpedo technology group IWL’s efforts to acquire rival broking firm JDV following reports in today’s m...
Set for a fresh dash down the acquisitions path, listed non-aligned dealer group Fiducian Portfolio Services today announced a shake-up of its distribution team....
Merrill Lynch Investment Managers has created four distinct distribution divisions to replace its existing wholesale/retail configuration and has honed its sales structur...
So we are now underwriting criminal scams?...
Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...
Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...