POWERED BY MOMENTUM MEDIA
COMMONWEALTH BANK
Financial planning
Bridges Financial Services is gearing up for an assault on the Victorian and Queensland financial planning markets with plans to open up eight new offices – four in each ...
Financial planning
As smaller players in financial services look for scale, the larger institutional players have continued to consolidate. Mike Taylor reports....
People & Products
Wrap platform provider Avanteos general manager distribution and marketing, Greg Newman is leaving the firm today after three years, following the expiration of his contr...
Funds management
The Commonwealth Bank is anticipating the growth in its wealth management division to exceed that within its traditional banking divisions going forward, providing justif...
Financial planning
The financial planning arm of the Commonwealth Bank (CBA) is developing an “adviser academy” which it hopes will raise the standard of its advice business and attract a f...
People & Products
The Commonwealth Bank of Australia’s head of marketing, Graham Ford left the group acrimoniously late last week following what is understood to be a rift between himself ...
People & Products
Professional Investment Services (PIS), Australia's second largest financial planning network, is close to expanding its international presence with the launch of new ope...
Editorial
Craig Phillips looks back at some of the big funds management groups no longer in operation....
Financial planning
Colonial First State’s FirstChoice master trust has cracked $4 billion in invested funds after only 17 months in operation primarily due to generous commissions paid to f...
People & Products
Avanteos chief executive Mark Papendieck will step down from the group after concluding his three year employment contract and will be replaced by former Commonwealth Ban...
Financial planning
Australia’s larger financial institutions have begun receiving their Australian Financial Services Licences (AFSL) in compliance with the Financial Services Reform (FSR) ...
Editorial
The Commonwealth Bank has posted a net profit after tax of $2.012 billion, a drop of 24 per cent from last year, with funds management doing little to boost the bank’s re...
Financial planning
Two former IWL staff, Laila Khodr, Jenny Lee-Koksal and one of the creators of Visiplan, Robert Green, have set up a new group aimed at helping advisers purchase and full...
Financial planning
In 1999, Westpac Financial Planning & Advice (Westpac) which ranked fifth in the Money Management Fastest Growing Dealer Groups Survey, had 570 advisers....
Financial planning
The Commonwealth Bank of Australia (CBA) is aiming to increase its financial planner numbers by 200 over the next 18 months and reduce the number of products offered by t...
Never miss the latest news and developments in wealth management industry
MARKET INSIGHTS
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...