ASX

Financial planning

Financial planning and accounting group, CountPlus has received confirmation from the Commonwealth Bank that 35.85% of the company registered to Colonial First State do n...

Life/Risk

The last vestiges of the Commonwealth Bank’s involvement in life insurance has ended with its exit from its 80% stake in an Indonesian life business....

Financial planning

In the absence of sufficiently attractive offers and in the face of the COVID-19 pandemic disruption, AMP has decided not to divest its New Zealand wealth management busi...

Financial planning

The Federal Court will ultimately decide how much OneVue retrieves from this week’s sale of the Sargon operating business, while the company maintains it is still on trac...

Funds management

There has been a sharp divergence in the fortunes of the four major construction firms with two seeing positive returns and two losing more than 40%. ...

Funds management

There has been a distinct turnaround in the market but if the ASX All Ordinaries index fails to rise above 5,800 over the next month, the current move may still be a “suc...

Features

Mike Taylor writes that timing is everything and that while Westpac and ANZ have largely cleared their books of their wealth management businesses, the Commonwealth Bank ...

Tools & guides

As the impacts from the COVID-19 pandemic rattle the nerves of investors, writes Jun-Bei Liu, many are turning their attention to long/short equity strategies in a bid to...

Financial planning

Yellow Brick Road has completed the sale of its wealth business to Sequoia for just over $1.9 million....

Funds management

Stockmarkets could rise higher as positive investor sentiment sends investors back into the market as they “fear missing out” on cheap valuations, boosting the likelihood...

Funds management

New research has revealed wide disparities between the value being delivered by boards in the financial services with Magellan being counted in the top 10 for value for m...

Funds management

OneVue is expecting the sale of the Madison Group to be completed in May and will look to select a preferred bidder by the end of this week....

Funds management

Australia’s managed funds sector saw the largest-ever net outflow in March, with close to $4 billion leaving Australian funds during the month, according to global funds ...

Financial planning

Just weeks after deciding to separately report MLC Wealth on its balance sheet, the board of National Australia Bank has been left with some stark choices on the future o...

Financial planning

National Australia Bank has taken a significant hit from COVID-19 related issues, with MLC Wealth also feeling the pain....

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MARKET INSIGHTS

So we are now underwriting criminal scams?...

5 months ago

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

5 months ago

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

7 months 1 week ago

Commonwealth Bank has formally dropped to zero advisers following LGT Crestone’s acquisition of its advice arm – some six years on from the Hayne royal commission. ...

4 weeks 1 day ago

The FSCP has issued a written direction to an adviser who charged clients “extraordinary fees” for inappropriate and conflicted advice, as well as encouraged them to swit...

1 week 4 days ago

ASIC has cancelled the AFSL of an advice firm associated with Shield and First Guardian collapses, and permanently banned its responsible manager. ...

3 weeks ago