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MERGERS AND ACQUISITIONS

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....

Financial planning

ANZ has purchased the OptiMix multi-manager business unit from UBS Global Asset Management, the bank has confirmed....

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MARKET INSIGHTS

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