AUSTRALIAN FINANCIAL SERVICES
Financial planning
The Australian Securities and Investments Commission (ASIC) would seek further industry input and discussion before it realises its final position on the regulation of se...
Financial planning
The Now Financial Services and Inscorp financial planning groups are set to merge creating a combined planning group with about 250 advisers....
People & Products
The van Eyk Research group has filled the gap left by the departure of its former head of asset consulting, Rob Prugue, appointing John Peterson to the role. Peterson, fo...
Financial planning
Nobody really thinks the Financial Services Reform Act (FSRA) is working, says TOM COLLINS, and for that reason it should be scrubbed....
Financial planning
The Australian Securities and Investments Commission (ASIC) has issued a fresh warning to responsible entities (REs) of managed investment schemes that to comply with the...
Financial planning
The Australian Securities and Investments Commission (ASIC) has begun the new year with a spate of actions against individual financial advisers....
Financial planning
AMP has announced it will close its Australian Financial Services division’s broking service as of tomorrow, at the same time as the group anointed a new chairman to repl...
Financial planning
AMP has announced a further 1900 job cuts from its troubled UK Financial Services arm, mostly from the ranks of its financial planners, at the same time as details of chi...
Financial planning
AMP has today flagged a possible $1.2 billion writedown of its troubled United Kingdom Financial Services (UKFS) and AMP International businesses....
Financial planning
Former Commonwealth Bank (CBA) senior executive John Mulcahy has been appointed as managing director and chief executive officer of Suncorp Metway....
Financial planning
Platforms have long been a key method to access a range of investments and as JASON SPITS reports, rather than being brought down by recent markets, they have continued t...
Financial planning
Steve Newnham has been bumped up from the position of head of distribution investment and life business to group head of sales at Zurich....
Financial planning
The Australian Securities and Investments Commission (ASIC) has handed out another sentence in relation to the Lifestyle Property Group, a failed property investment grou...
Financial planning
The Australian Securities and Investments Commission (ASIC) has capped off a busy week after requesting an investment advisory group to notify clients regarding incorrect...
Financial planning
Now Financial Services is attempting to migrate all multi-agents who use the financial planning dealer group across to broker representatives, a process it aims to comple...
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Podcast
The succession dilemma is more than just a matter of commitments.This isn’t simply about younger vs. older advisers. It’...
Significant ethical issues there. If a relationship is in the process of breaking down then both parties are likely to b...
It's not licensees not putting them on, it's small businesses (that are licensed) that cannot afford to put them on. The...