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ASX
Funds management
S&P and the Australian Securities Exchange have jointly created an All Technology index which will launch on 24 February and have a total market capitalisation of more th...
Financial planning
OneVue has managed to sell its Sequoia Financial Group stake and is now looking to sell down Madison....
Funds management
Clime Investment Management has posted a 25% growth in total gross funds under management to $1.02 billion....
Funds management
The fund manager’s funds management soared 29% to $92.8 billion over the year to 31 December, 2019....
Superannuation
The firm’s client numbers have taken a hit off the back of legacy issues and five years of mergers and acquisition....
Financial planning
AMP Capital was a major bright spot for AMP as the company confirmed the exit of 440 advisers, an impairment bill of $2.35 billion and challenging times ahead when report...
Financial planning
The rebranding of Madison to Sargon has been halted as OneVue and the Sargon administrators and receivers work out the future of the dealer group....
Financial planning
The voluntary administration of its parent company Sargon has raised questions about the future of dealer group, Madison....
Funds management
Singapore-based Keppel Capital has entered into control over the Australian Unity Office Fund after buying a half stake in its responsible entity, AUIREL....
Superannuation
The superannuation industry is now big enough and old enough to be broken away from the “coddling’ of the industrial relations system, according to the Federal Government...
Life/Risk
Insurer Clearview has confirmed it will cease the sale of agreed value income protection policies from 31 March....
Funds management
Macquarie Group Limited has confirmed that German authorities dealing with a 2011 short-selling issue have designated as suspects around 60 of the company’s current and f...
Financial planning
ASX-listed Netwealth has reported a growth in funds under advice to $28.5 billion at the end of December, 2019....
People & Products
Former ANZ Group chief executive, John McFarlane has been announced as the chair-elect of Westpac and will be responsible for appointing the bank’s next chief executive....
Financial planning
The bank has appointed Colin Carter to the review panel while a man has been charged for using Westpac’s transfer system to pay for live-streamed child abuse videos in so...
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Podcast
So we are now underwriting criminal scams?...
Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...
Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...