CLIENT REMEDIATION

Financial planning

IOOF has announced it will not be provisioning beyond the $223 million for advice remediation it announced in August last year....

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Financial planning

IOOF has confirmed the existence of 67 advisers it regards as being in the high risk category as it gets ready to start client remediation early this year....

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Policy & Regulation

ANZ has announced a 7% decline in full-year net profit at the same time as revealing the cost of client remediation has now grown to $1.2 billion....

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MARKET INSIGHTS

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Simon

Who get's the $10M? Where does the money go?? Might it end up in the CSLR to financially assist duped investors??? ...

4 days 19 hours ago
Squeaky'21

My view is that after 2026 there will be quite a bit less than 10,000 'advisers' (investment advisers) and less than 100...

1 week 4 days ago
Jason Warlond

Dugald makes a great point that not everyone's definition of green is the same and gives a good example. Funds have bee...

1 week 5 days ago

AustralianSuper and Australian Retirement Trust have posted the financial results for the 2022–23 financial year for their combined 5.3 million members....

9 months 2 weeks ago

A $34 billion fund has come out on top with a 13.3 per cent return in the last 12 months, beating out mega funds like Australian Retirement Trust and Aware Super. ...

9 months ago

The verdict in the class action case against AMP Financial Planning has been delivered in the Federal Court by Justice Moshinsky....

9 months 2 weeks ago