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AMP advisers have been notified that the company is ceasing offering paraplanning and recruitment services because it will be outsourcing to external parties....
In the first criminal prosecution for offending of this kind, Mark Kawecki has been convicted and fined $30,000 for dishonest conduct relating to artificially satisfying ...
Less than a quarter of Australians expect indices to increase in value over the next 12 months but this remains higher than the global average. ...
While the major banks have been resilient and avoided a worst-case scenario by holding strong balance sheets during the economic downturn, they still have “a big job” ahe...
Kristen Le Mesurier will be the new head of environmental, social and corporate governance and engagement for the asset manager....
AMP has closed its three exchange traded funds that the firm said had not achieved sufficient scale since inception, with the three totalling $55 million after four years...
The fund will invest in a diversified portfolio of liquid and illiquid asset classes and its initial offering will be from 16 November to 4 December. ...
Holding a low weight to financial stocks is the common denominator between those Australian equity funds which have reported double-digit gains over the past year. ...
A new legislative instrument registered by the Tax Practitioners Board will allow BAS agents to provide an expanded range of services in relation to the superannuation gu...
Grosvenor Capital Management will continue doing what they’re doing in terms of tax policy and investments regardless of who wins the US presidential election. ...
Ord Minnett, which exited IOOF in 2019, has announced it has entered into an agreement to acquire 100% of wealth management firm E.L&C. Baillieu ...
Having moved to outsource paraplanning and expanded its life/risk approved product list, AMP is flagging a significant advice strategy update next week. ...
The Financial Adviser Standards and Ethics Authority has been accused of simply complicating matters rather than bringing greater clarity to its financial adviser code of...
With AMP Financial Planning’s ongoing loss of advisers, its lead over the second largest financial planning group by adviser numbers has dropped to 70 from over 200 advis...
Kathryn McKenzie has been appointed as an independent, non-executive director to the AMP Limited board....
Warren Acworth has been charged with offenses relating to false or misleading statements and fraud after an investigation by the corporate regulator....
The firm’s profit hit was notably due to credit and other impairment charges of $447 million as a result of the COVID-19 pandemic....
OneVue has formally transitioned to Iress and de-listed from the Australian Securities Exchange with founder Connie Mckeage stepping back to a consultancy position....
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?...