IOOF

Financial planning

IOOF has reduced the investment fee of the IOOF Multi Series Balanced Trust by 10 basis points to 0.55 per cent, and increased the trust's exposure to active management....

Financial planning

AMP merger prompts AXA exodus to MLC

Since its establishment in February this year, MLC's retirement solutions team has grown to 10 people. Of those, eight were recruited straight from AXA....

Superannuation

Determining hidden superannuation costs

Financial advisers may be unaware of the hidden costs with regards to the taxation treatment of lump sum benefits from superannuation, according to Damian Hearn....

Financial planning

Merger threat to investment platform FUM

Industry consolidation, particularly involving large dealer groups, has the potential to shift large volumes of funds under management from current investment platforms i...

People & Products

Lonsec expands team with key appointments

Lonsec has made further appointments to its research team, including a specialist quantitative analyst and a senior consultant...

Policy & Regulation

Platforms call for FOFA deadline extension

Major platform providers have called for parts of the Future of Financial Advice (FOFA) reforms to be delayed due to lingering uncertainty with respect to grandfathering ...

Financial planning

Platforms shift from consolidation to upgrades

Major platform providers across the industry are now moving away from a heavy period of platform consolidation to focus on developing and upgrading the remaining products...

Financial planning

WHK shuns vertical integration

FOFA reforms will mean financial advice groups will either move down the vertical integration path towards a hybrid model or focus purely on the professional advice model...

Financial planning

HUB24 adds seven dealer groups to client list

HUB24 has added seven dealer groups and three separately managed account managers to its client list, the platform provider has announced....

Financial planning

Butterworth move not based on latest departures

Former DKN CEO Phil Butterworth made the decision to join a new business unit at BT Financial Group, regardless of whether fellow DKN and Lonsdale executives would also m...