MERGERS AND ACQUISITIONS
Financial planning
The last six months have seen the emergence of a new crop of buyers with in-house products, according to financial planning practice broker Stephen Prendeville....
Financial planning
The number of merged practices deciding to end their relationships will continue to increase in the months ahead due to the lack of clear conflict resolution arrangements...
Editorial
SFG Australia has reported a $2.9 million decrease in NPAT for the first half of the financial year, but pointed to the solid underlying result....
Editorial
Countplus remains fixed on growth despite a first-half profit decline...
Financial planning
NZ’s Tower sells Tower Investments to Fisher Funds for NZ$79 million....
Financial planning
After announcing the $32.2 million acquisition of Lachlan Partners late last week, SFG Australia has revealed it is in merger talks with another wealth management firm, W...
Financial planning
Equity Trustees confirms its bid for Trust Company Limited had followed earlier failed discussions....
Financial planning
Three Plan B board members have now departed as IOOF's takeover offer progresses to the compulsory stage....
Editorial
AMP Limited reported a net profit of $383 million for the half year to 30 June 2012, up 11 per cent from the $346 million recorded in the first half of 2011, and added 12...
Financial planning
Rubik has appointed Wayne Wilson to head up COIN and flagged potential further acquisitions in the Australian market. ...
Financial planning
Rubik Financial has completed its acquisition of COIN Software from Macquarie's Banking and Financial Services Group....
Financial planning
Centrepoint Alliance has entered into a conditional agreement to sell its Singaporean financial advice business to Aviva Asia Holdings....
Financial planning
The push to create scale through superannuation fund mergers is anti-competitive says Club Plus chief executive Paul Cahill....
Financial planning
The Government has released exposure draft legislation on CGT relief for merging superannuation funds....
Editorial
Countplus has reported a consolidated net profit after tax of $6.93 million for the half year to 31 December, down 10.7 per cent on the prior corresponding period....
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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...