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Francesco De Ferrari, chief executive of AMP Limited, is to resign today following discussions with the board....

Financial planning • 25 March 2021

The Association of Financial Advisers chief executive, Philip Kewin, will be leaving the association after four years at the helm with Phil Anderson stepping up as interi...

Financial planning • 25 March 2021

Around 57% of Australian investors expect their investment returns to outperform the benchmark index in the next 12 months, according to PIMCO. ...

Funds management • 26 March 2021

Firms believe US President Biden would be more likely to strike a balance between economic and security interests compared to his predecessor....

Funds management • 26 March 2021

South East Asian countries that rely on tourism and are experiencing delays in receiving and distributing the COVID-19 vaccine will see a prolonged dip in their markets...

Funds management • 26 March 2021

As Pengana sees the departure of two key managers, Steven Glass and Jordan Cventanovksi, how have their global funds performed over their tenure?...

Funds management • 26 March 2021

The abrupt departure of Pengana fund managers Steven Glass and Jordan Cvetanovski was the result of the pair having “different ideas” about the future direction of the bu...

Funds management • 26 March 2021

The firm admitted to missing out on investment trends during the pandemic that led to outsized returns but is confident on how its strategy will hold up in the future. ...

Funds management • 26 March 2021

Advisers have said they would be unlikely to impose blanket bans on complex products but that making large allocations could affect their professional indemnity insurance...

Financial planning • 26 March 2021

AMP Limited has joined the chorus of industry voices pointing to the significant unintended consequences likely to flow from its superannuation legislation and calling or...

Superannuation • 26 March 2021

More than 200 adviser roles have been lost year to date compared to 761 lost roles in the first quarter of 2020, according to HFS Consulting’s analysis. ...

Financial planning • 26 March 2021

AMP has stated that chief executive, Francesco De Ferrari, has not resigned from the firm but was in discussions with the board. ...

Financial planning • 26 March 2021

There are gaps in Australia’s regulation of the domestic digital assets market which will require oversight amid a renewed surge of demand for Bitcoin and other cryptocur...

Financial planning • 29 March 2021

Over 38,000 BT Wrap customer accounts have been transferred to BT Panorama, with another $42 billion expected to be added by the middle of the year....

Funds management • 29 March 2021

When it comes to selling a financial advice business, firms with investment and superannuation clients in their early sixties can attract the highest multiples....

Financial planning • 29 March 2021

Just because funds score highly on sustainability does not mean it is a responsible investment fund, according to Evergreen, which has launched a new responsible investme...

Funds management • 29 March 2021

The corporate regulator’s fee disclosure requirements are confusing some advice clients who are questioning advisers on why they are being told the same information eight...

Financial planning • 29 March 2021

The cost of the Financial Adviser Standards and Ethics Authority functions may yet add to the ASIC levy paid by financial advisers....

Financial planning • 29 March 2021

Ares Capital has signalled its interest in acquiring 100% of the AMP Capital private markets business....

Funds management • 29 March 2021

SelfWealth has appointed a new chief executive with Cath Whitaker replacing Rob Edgley who will step up to chair the company’s board....

People & Products • 29 March 2021
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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...

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It's not licensees not putting them on, it's small businesses (that are licensed) that cannot afford to put them on. The...

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After last month’s surprise hold, the Reserve Bank of Australia has announced its latest interest rate decision....

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A professional year supervisor has been banned for five years after advice provided by his provisional relevant provider was deemed to be inappropriate, the first time th...

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WT Financial’s Keith Cullen is eager for its Hubco initiative to see advice firms under its licence trade at multiples which are catching up to those UK and US financial ...

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