"FINANCIAL REPORTING"

Funds management

IRESS boss, Andrew Walsh has challenged claims that the financial services technology industry is not meeting the financial planning industry’s real needs....

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Financial planning

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

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News

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...

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Financial planning

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...

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News

Financial services technology provider, GBST has flagged an earnings downgrade on the back of lower services revenue and challenges in the UK....

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Accounting

The ATO should compensate accountants for their lost time and productivity due to the continuing technology issues with the ATO portal, according to the Institute of Publ...

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Policy & Regulation

Westpac has emerged as the latest major bank to reveal the manner in which regulatory and compliance costs are dragging on its wealth management businesses....

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Life/Risk

ANZ has flagged the sale of its Australian life insurance, advice and superannuation investments business in Australia....

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Financial planning

Perpetual Limited is seeing its strategy pay off with a solid full-year result and positive signs across its divisions....

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Funds management

Fiducian Group said it would remain acquisitive as it looked to build scale on the back of a solid full-year result....

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Funds management

NAB has reported lower third-quarter cash earnings, and attributed its recent rate decision to higher funding costs....

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Funds management

While the discontinuation of business in the UK has dragged on NAB’s half-year result, NAB Wealth has shone with a 12 per cent increase in cash earnings....

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Financial planning

Life insurers are not only facing renewed political and regulatory scrutiny, they are facing mixed signals from the life/risk market....

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Financial planning

The Financial Services Council has defended the importance of the life insurance industry and pointed to a code of practice being in place in July....

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People & Products

Praemium Limited has appointed former NAB senior executive, Anna Itsiopoulos to the newly-created role of general manager, Australia....

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Never miss the latest news and developments in wealth management industry

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...

6 days 3 hours 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...

6 days 4 hours ago
Jasmin Jakupovic

How did they get the AFSL in the first place? Given the green light by ASIC. This is terrible example of ASIC's incompet...

1 week 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 1 week 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 1 week ago