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There are three standout platforms dominating the advice market, based on feedback to Adviser Ratings, as the shrinking pool of advisers become a powerful arbiter....

People & Products • 10 August 2023

AMP has reported half-year results for its advice division as it updates on the next action in the BOLR class action case....

Financial planning • 10 August 2023

In this episode of Relative Return, host Phil Tarrant chats to Simon Madder, Managing Director and CEO of Prime Financial Group, on the firm’s ambitious growth plans and ...

Editorial • 10 August 2023

Following the departure of Lukasz de Pourbaix in April, Lonsec has appointed a new chief investment officer and executive director....

People & Products • 10 August 2023

AMP CEO, Alexis George, expects to have an update on the BOLR class action this month but has not ruled out appealing the case, having set aside a “best estimate” of $50 ...

Financial planning • 10 August 2023

Clime Investment Management and TIP Group have partnered to launch My Financial Fitness, a new online financial education program aimed to strengthen Australians’ self-ma...

People & Products • 11 August 2023

Months after the departure of its Asia-Pacific chief executive, the advice fintech has appointed a new director of business development for the region....

People & Products • 11 August 2023

Former abrdn head of wholesale, Con Koromilas, has been appointed to Infinity Asset Management. ...

People & Products • 11 August 2023

Almost half of the advisers who have departed this year have been in the industry for less than 10 years while older advisers are pinning their hopes on the experience pa...

Financial planning • 11 August 2023

The corporate regulator has commenced its third civil penalty proceedings for alleged greenwashing with the superannuation fund holding investments in Russia when it had ...

Superannuation • 11 August 2023

The victims of an alleged Ponzi scheme run by Sydney conwoman, Melissa Caddick, have received their first payout with further payouts expected....

Financial planning • 11 August 2023

The $160 billion Aware Super fund has made a series of senior hires, with the new appointments joining from global roles at Pendal and AMP. ...

People & Products • 14 August 2023

Fidelity has promoted Jenn-Hui Tan to the newly created role of chief sustainability officer. ...

People & Products • 14 August 2023

Tackling issues around inappropriate scoping of advice, the Financial Services and Credit Panel has announced its first ‘written reprimand’. ...

Financial planning • 14 August 2023

The FAAA has warned advisers to be alert if their clients are in an underperforming super fund as this month’s APRA performance test is increased to certain trustee-direc...

Financial planning • 14 August 2023

As Westpac retains the BT platform business, a senior member of staff has returned to the firm after departing last year to lead its platform strategy....

People & Products • 14 August 2023

The global investment manager has appointed Melbourne-based Kevin Kandasamy as head of institutional distribution across the Australia and New Zealand business....

People & Products • 14 August 2023

Following the surprise departure of George Frazis last year, the Bank of Queensland has discontinued its CEO search and named a permanent successor....

Funds management • 14 August 2023

ASIC has permanently banned a Sydney financial adviser and cancelled the license of his business after he misappropriated investor funds....

Financial planning • 14 August 2023

Identifying this as a “high-quality opportunity”, Pacific Equity Partners joins IFM Investors and Citi in Household Capital’s financing package to provide retirement fund...

People & Products • 15 August 2023
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MARKET INSIGHTS

So we are now underwriting criminal scams?...

3 months 1 week ago

Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...

3 months 1 week ago

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

5 months 2 weeks ago

ASIC has suspended the Australian Financial Services Licence of a Melbourne-based financial advice firm....

3 weeks 6 days ago

A former Victorian financial adviser has been sentenced after stealing $4.4 million from clients, family and friends to feed his “raging gambling addiction”....

3 weeks 5 days ago

A financial advice firm has been penalised $11 million in the Federal Court for providing ‘cookie cutter advice’ to its clients and breaching conflicted remuneration rule...

2 weeks 3 days ago