IOOF managing director, Christopher Kelaher has pointed to a reshaping of the business with an emphasis on its wealth capabilities through strategic acquisitions....

The Commonwealth Bank has reported another solid six month result but its wealth management division continues to labour under the burden of a difficult insurance busines...

GPS Wealth’s cloud-based MoneyBowl software is gaining further traction as new modules are rolled out....

A Parliamentary Committee has been warned that if Government policy encouraged heavy drawdown on home equity the residential aged care funding regime would be placed at r...

Challenger has announced another strong half amid further key distribution deals including via BT’s Panorama platform later this year....

Challenger and Standard Life Investments have entered into a new partnership to deliver a global bond product within Challenger’s annuities offerings....

Financal planners have been accused of sewing the seeds of doubt about the long-term future of the Age Pension....

AMP Limited has confirmed a deliberate run-down of adviser numbers at the same time as announcing a full-year net loss of $344 million driven by problems in its insurance...

OneVue’s Platform Services offering has broken new ground with a “profit-for-member” client coming aboard....

The Financial Services Council has countered ASIC calls for more legislative power by arguing that self-regulation via the code of conduct is a better option....

The Parliamentary Committee review into the life insurance industry has received new calls to demand appropriate data properly defining what is and is not ‘churn’....

Churn may well be occurring in the client’s best interests, according to the Australian Securities and Investments Commission....

The Australian Bankers Association claims its members will need around a year to accommodate changes to competition laws, particularly the “effects test”....

Industry funds-backed IFM Investors has taken a cornerstone stake in Decimal Software giving it a stake in the roll-out of digital advice....