MERGER
Financial planning
Ord Minnett, which exited IOOF in 2019, has announced it has entered into an agreement to acquire 100% of wealth management firm E.L&C. Baillieu ...
People & Products
MTAA Super chief executive Leeanne Turner will lead the combined fund and Dr Ross Barry has been appointed as its chief investment officer....
Superannuation
Non-Government Schools Super and Australian Catholic Super have initiated a merger process that would see the creation of the largest super fund in the non-Government sch...
Funds management
The single merged trust, the Magellan Global Fund, will list on the Australian Securities Exchange and will have $15 billion in funds under management. ...
Financial planning
PSK’s growth strategy looks to partner with firms to help advisers support clients during the current challenging environment....
People & Products
Euroz and Hartleys have announced they have entered into a binding bid implementation agreement under which Euroz has made an off-market takeover offer to acquire 100% of...
Superannuation
Media and entertainment superannuation fund, Media Super, is to merge with big building industry fund, Cbus is a bid to gain scale. ...
Funds management
There are five funds which could be set to benefit from the acquisition of OneVue by Iress after the financial technology firm announced a capital raising and a scheme of...
Financial planning
Financial planners may not be totally happy with the Financial Planning Association and the Association of Financial Advisers but they aren’t keen on setting up a new bod...
Financial planning
OneVue is in trading halt on the Australian Securities Exchange and so is Sequoia as attention focuses on the future ownership of financial planning dealer group, Madison...
Financial planning
A merger of the Financial Planning Association and the Association of Financial Advisers rather than the creation of new financial planning body has emerged as the prefer...
Financial planning
The Financial Planning Association’s announcement of job losses and an organisational restructure driven by declining adviser numbers has reawakened calls for a merger be...
Financial planning
The Financial Planning Association’s restructure has reawakened talk of a merger with the Association of Financial Advisers. What do you believe should happen?...
Superannuation
The Financial Services Council has welcomed the new legislation but is disappointed the laws also create unnecessary tax compliance burden on Australia’s managed funds....
Financial planning
Two boutique dealer groups, Spark Financial Group and Aura Wealth Australia, have announced they have signed binding agreements to merge. ...
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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...