FUNDS MANAGEMENT BUSINESS
Financial planning
Halifax is expected to buy Britain troubled Equitable Life later today, having beat off a last-minute bid from GE Capital....
Financial planning
St George has expanded its distribution reach with the purchase of a 5 per cent stake in Virtual Communities for $18 million....
Financial planning
West Australian financial services group Plan B is remaining tight-lipped about expansion plans into the eastern states....
Financial planning
This was going to be a court case that promised everything. Money, high society, glamour and a smattering of sex. It also promised to blow the lid off how the City of Lon...
Financial planning
Mercantile Mutual has unveiled a 48 per cent growth in net profit in the year to September 30 to $174 million, thanks to its fast growing funds management and life insura...
Financial planning
A push to make Portfolio Partners more retail-orientated and increasing market share in the superannuation business are the Norwich Union’s new chief executive officer’s ...
People & Products
Former National Asset Management (NAM) managing director Paul Laband has been signed by Towers Perrin to head up investment management at TRM and head up its asset consul...
Financial planning
The AMP Asset Management brand has now officially disappeared from the Australian market....
Financial planning
The AMP Asset Management brand has now officially disappeared from the Aus-tralian market....
Financial planning
Tasmanian Trustees is looking at boosting its funds management business through internal growth and its new joint-venture banking operation with Bendigo Bank, says new ch...
Financial planning
Portfolio Partners is offering two of its wholesale funds with a focus on high-growth and emerging shares into the retail market....
People & Products
Respected financial services executive David Clarke has quit his spot as MLC chief executive to take on a senior financial services post vacated by David Fite earlier thi...
Financial planning
AM Corporation has dropped Investors Mutual and Maple-Brown Abbott as boutique managers used in its managed the managers style on its $500 million AM Australian Equities ...
Financial planning
The National Australia Bank confirmed industry rumours by officially announcing it will purchase MLC from Lend Lease for $4.56 billion cash, with a completion date set fo...
Financial planning
Challenger's meteoric rise in the financial services industry shows no sign of abating with the $45.6 million purchase of Deutsche Life....
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MARKET INSIGHTS
Podcast
The succession dilemma is more than just a matter of commitments.This isn’t simply about younger vs. older advisers. It’...
Significant ethical issues there. If a relationship is in the process of breaking down then both parties are likely to b...
It's not licensees not putting them on, it's small businesses (that are licensed) that cannot afford to put them on. The...