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Aberdeen Asset Management is considering selling its 50 per cent stake in financial planning and superannuation group Chifley Financial Services as it beds down its acqui...
Australian Unity has launched an education savings plan, the first issued by a major friendly society for more than 10 years....
Further public hearings into the draft Financial Services Reform Bill (FSRB) have been scheduled for next month, following the initial round in late April....
New Zealand managed fund research house IPAC Securities has been bought out by its management team, headed by David van Schaardenburg and changed its name to FundSource....
Asset consultants, research houses and financial planners sometimes argue that fund managers rarely outperform their benchmark index. The question is then asked why we pa...
One of New Zealand's biggest property bond issues has run into trouble and the 1700 investors involved are unlikely to see all their money until at least two years after ...
Despite a flurry of activity hedge funds appear to have gone off the boil. John Wilkinson takes a look at what slowed down this sector and when it will rebound....
It is a dealer principle’s worst nightmare. A licence revoke and 39 proper authority holders across 29 offices shut down from daily operations. Last week, securities dea...
Forrestry investment company ITC has confirmed it is negotiating a merger with Yates Ltd and expects to make an announcement shortly to advisers and investors....
Wattle Group investment scheme founder Geoffrey Robert Dexter has received a 10-year jail sentence for his part in the investment scam that rocked the investment industry...
Bridges Financial Services has signed up more than 115 credit unions to an exclusive five year deal to provide financial planning services to members....
Nearly half of Macquarie Financial Services’ 80 staff will be either redeployed or retrenched under an extensive restructure of the group’s sales and marketing functions....
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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?...