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Financial planning
David Knott, chairman of the Australian Securities and Investments Commission (ASIC), has announced that he will step down from his position at the end of 2003, two years...
People & Products
National trustee company Tower Trust senior executive Peter Cocks left the group last Friday to establish his own consultancy after a career of 15 years....
Financial planning
AMP shares took a further beating in trading this morning, falling more than 9 per cent or 44c to record lows of $4.31, following the leak of a draft audit report in the ...
Financial planning
The financial services sector has broadly welcomed today’s release by the Australian Securities and Investment Commission (ASIC) of a modelling template for fee disclosur...
Financial planning
Financial services group OFM Investment today announced that Sterling Grace Corporation, a New York-based investment fund specialising in the financial services sector ha...
Financial planning
Mercer Human Resource Consulting today launched Mercer Wealth Solutions to provide super fund members with financial advice and information on savings, lifestyle, debt ma...
People & Products
InTech Financial Services has appointed Deutsche Asset Management Asia Pacific regional chief operating officer Michael Monaghan as chief executive officer, after a three...
Financial planning
Macquarie Bank’s funds management division - with a 17 per cent increase in funds under management to $4.7 billion over the past 12 months - and its financial services di...
Funds management
National Australia Bank's wealth management division, which includes MLC, has completed a major shake-up of its senior executive ranks....
Accounting
Accountants have been cut out from providing even non-specific advice on superannuation products after revisions to the Financial Services Reform regulation adding more f...
Financial planning
Invesco Australia has appointed former AXA Australia and New Zealand chief investment officer John Nairn in the newly created role of chief operating officer....
Financial planning
Alternative investment fund manager Absolute Capital has made significant changes to its investment team, with group managing director Deon Joubert picking up the role of...
Financial planning
The financial services industry has delivered a mixed response to the Federal Budget, with one association lambasting the Government for “walking away” from Australia’s r...
Financial planning
The Commonwealth Bank of Australia’s (CBA) international wealth management businesses First State Investments UK and First State Investments Asia are to be combined and r...
People & Products
Treasurer Peter Costello has announced the appointment of Dr John Laker as chairman and Ross Jones as deputy chairman of the Australian Prudential Regulation Authority (A...
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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...