AMP

Financial planning

Looking at annual turnover statistics, Insignia has the highest annual adviser turnover rate of the big five licensees while Morgans has easily the lowest rate of turnove...

Financial planning

AMP is questioning how it can engage independent financial advisers, acknowledging its advice business has been running at a substantial loss. ...

People & Products

AMP has sold its international infrastructure equity business for an upfront consideration of $462 million, days after selling its domestic infrastructure arm to Dexus....

Financial planning

AMP Limited has entered into an agreement for the sale of Collimate Capital’s real estate and domestic infrastructure equity business to Dexus Funds Management, for $250 ...

Financial planning

Platforms are seeing strong growth of products themed around ESG with assets in those funds outpacing those in non-ESG options, Money Management data has found....

Financial planning

AMP Limited has confirmed that it is in discussion with multiple parties, including Dexus, regarding the potential sale of assets and businesses of Collimate Capital....

Financial planning

The lack of major changes for financial planners are a “reasonably positive” development, according to the Financial Planning Association of Australia, while technology m...

Funds management

Money Management looks for equity funds that have been able to combine the best returns of their peer group with the lowest volatility....

People & Products

Several AMP managers have moved this week with HSBC Asset Management hiring its listed infrastructure equity team and Maple-Brown Abbott hiring away two small-cap manager...

Funds management

AMP has announced the successful completion of the sale of its global equities and fixed income business to Macquarie Asset Management, part of Macquarie Group....

People & Products

North has added 18 investment options to its platform, covering equities, property, bonds and technology....

Features

Following the acquisition of Synchron, WT Financial Group has said it is set to become Australia’s third-largest adviser group by adviser numbers, writes Oksana Patron....

Funds management

With the US Federal Reserve increasing its policy rate by 25 basis points to 0.50%, fund managers and economists have weighed in on the impact for Australian investors....

Financial planning

WT Financial Group’s acquisition of Synchron will improve efficiencies for advisers, according to chief executive Keith Cullen, as it creates the third-largest financial ...

Funds management

AMP Capital has revised down its 2022 global GDP outlook because of the Russia/Ukraine war while predicting a short-term hit to Australian growth following recent floodin...

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MARKET INSIGHTS

The succession dilemma is more than just a matter of commitments.This isn’t simply about younger vs. older advisers. It’...

1 month 3 weeks ago

Significant ethical issues there. If a relationship is in the process of breaking down then both parties are likely to b...

2 months 3 weeks ago

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

2 months 4 weeks ago

ASIC has canceled the AFSL of Sydney-based asset consultant and research firm....

3 weeks 6 days ago

ASIC has banned a Melbourne-based financial adviser for eight years over false and misleading statements regarding clients’ superannuation investments....

2 weeks 1 day ago

ASIC has banned a Melbourne-based financial adviser who gave inappropriate advice to his clients including false and misleading Statements of Advice....

1 week 6 days ago
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