The Federal Court has imposed a combined $13.5 million penalty on Select AFSL, BlueInc Services, and Insurance Marketing Services for engaging in unconscionable conduct.
Managing director, Felicity Walsh, reflects on the win, sharing what she feels sets Franklin Templeton apart and how the firm is partnering closely with clients to capitalise on market opportunities.
EXCLUSIVE Easing regulation has made it easier to be a licensee, but Diverger is still in talks to see how it can grow its scale, according to chief executive Nathan Jacobsen.
AMP has completed its sale of SuperConcepts to private equity firm Pemba Capital Partners.
Insurance Australia Ltd has been penalised $40 million by the Federal Court in the largest-ever penalty imposed against an insurer for breaches of consumer protection law.
As the new financial year kicks off, financial advisers will need to ensure their clients – especially those approaching retirement – are in the right place for their superannuation as multiple changes take effect.
AUSTRAC has concluded its external audit of Bell Financial Group after more than a year and has released its verdict.
E&P Financial Group, parent of Dixon Advisory, has appointed a new chief executive as Peter Anderson steps down.
Going into the end of the financial year, adviser movements remain disappointing with a large loss of 46 advisers for the week, according to Wealth Data.
FAAA chief executive, Sarah Abood, has hit out at the 2022–23 ASIC levy estimate for advisers and called for the temporary freeze to be re-enacted.
