MERGERS AND ACQUISITIONS

Financial planning

Japanese bank takes minority interest in AMP Capital Holdings in AMP Capital Investors Japanese distribution alliance....

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Financial planning

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

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People & Products

FMD Financial has announced its successful merger with FMD Group member Reynolds Williams and Associates and the appointment of former Perpetual Private Wealth executive ...

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Financial planning

Van Eyk has acquired financial services consulting firm the Encore Group for an undisclosed sum....

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Life/Risk

Suncorp has purchased AMP's General Insurance Distribution (AMP GID), securing the business for Suncorp for the long term, the two groups announced today....

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Financial planning

The current round of reforms attempt to manage conflicts of interest in the industry, but they won't be eliminated unless there is a structural separation of product and ...

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Financial planning

MLC has recruited from AXA again, adding three more members to its retirement solutions team....

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Policy & Regulation

Non-aligned dealer group Capstone has welcomed a post-Future of Financial Advice (FOFA) world and has announced the recruitment of eight new financial planning practices....

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Financial planning

The Supreme Court of New South Wales has approved the Commonwealth Bank's acquisition of Count Financial....

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Financial planning

Count shareholders vote overwhelmingly for acquisition by Commonwealth Bank....

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Financial planning

Bendigo Wealth has recently made its first financial planning practice acquisition with Melbourne-based boutique AIM Financial Services joining the bank....

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Financial planning

Perth-based practice rmg financial services has increased its funds under advice to $660 million with the acquisition of Piersbridge Consultants....

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Financial planning

The Commonwealth Bank is free to pursue an acquisition of Count Financial after being given the green light by the ACCC....

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Financial planning

Challenger has announced the appointment of Brian Benari as chief executive officer designate....

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Financial planning

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...

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MARKET INSIGHTS

So we are now underwriting criminal scams?...

4 months 2 weeks ago

Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...

4 months 2 weeks ago

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

6 months 2 weeks ago

Commonwealth Bank has formally dropped to zero advisers following LGT Crestone’s acquisition of its advice arm – some six years on from the Hayne royal commission. ...

1 week 5 days ago

ASIC has cancelled the AFSL of an advice firm associated with Shield and First Guardian collapses, and permanently banned its responsible manager. ...

4 days 10 hours ago

ASIC has banned a former NSW adviser from providing advice for 10 years for investing at least $14.8 million into a cryptocurrency-based scam. ...

5 days 13 hours ago