IOOF has launched multi-manager range, MultiSeries, to provide middle ground between a fully active and fully passive approach at a lower cost, the firm said....

MLC Life has flagged growth on the back of completion of the Nippon Life transaction....

Fund managers, Henderon Group and Janus Capital Group, announced they would merge to become Janus Henderson Global Investors, with a primary listing on the NYSE. ...

Bank employees want to deliver service to their customers instead of being under constant pressure to sell, the FSU believes....

Accounting and planning firms were sometimes entering into partnerships in haste without performing the required due diligence on cultural alignment. ...

New academic research has confirmed that increasing regulation has been influential in banks deciding to exit elements of their wealth management and insurance businesses...

CFSGAM adds to its infrastructure team with key hires in Australia and the US....

Parametric has strengthened its Australian team to help drive local capability....

Bennelong creates product manager role as a response to its rapidly increasing FUM....

AMP Limited’s group executive, public affairs, Matthew Percival is retiring and will be replaced by Helen Livesey....

The FSC’s director of policy, Andrew Bragg, will be joining conservative think tank, the Menzies Research Centre....

TAL has partnered with The Healthy Chef to offer advisers and clients opportunities to support healthy lifestyle choices....

Netwealth, has exceeded $10 billion in funds under management following a strong quarterly result....

ASIC has cancelled Lotus Securities AFSL after it breached several of its key obligations. ...

ASIC has commenced civil proceedings against Ben Jayaweera and Growth Plus Financial Group after it contravened its Australian Financial Services licence....

Industry Super Australia claims the major banks are switching customers into under-performing retail super funds via direct sales tactics which bypass planners. ...

Five ipac practices have moved to AMP’s new advice business, AMP Advice....

The delayed LIF start date of 2018 will allow self-employed advisers more time to prepare their businesses for the significant reduction in initial commissions, the AFA b...

Financial services lawyer, Claire Wivell-Plater is warning opponents of the LIF that their obstinacy is risking a total ban on life/risk commissions....

Centrepoint Alliance has acquired RFE Group to support the growth of professional advice firms....