MERGERS AND ACQUISITIONS
Financial planning
The merger between The Rock Building Society (Rock) and MyState Limited has now been implemented, with all shares in Rock transferred to MyState and the appointment of ne...
Financial planning
Japanese bank takes minority interest in AMP Capital Holdings in AMP Capital Investors Japanese distribution alliance....
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...
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 ...
Financial planning
Van Eyk has acquired financial services consulting firm the Encore Group for an undisclosed sum....
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....
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 ...
Financial planning
MLC has recruited from AXA again, adding three more members to its retirement solutions team....
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....
Financial planning
The Supreme Court of New South Wales has approved the Commonwealth Bank's acquisition of Count Financial....
Financial planning
Count shareholders vote overwhelmingly for acquisition by Commonwealth Bank....
Financial planning
Bendigo Wealth has recently made its first financial planning practice acquisition with Melbourne-based boutique AIM Financial Services joining the bank....
Financial planning
Perth-based practice rmg financial services has increased its funds under advice to $660 million with the acquisition of Piersbridge Consultants....
Financial planning
The Commonwealth Bank is free to pursue an acquisition of Count Financial after being given the green light by the ACCC....
Financial planning
Challenger has announced the appointment of Brian Benari as chief executive officer designate....
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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’...
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It's not licensees not putting them on, it's small businesses (that are licensed) that cannot afford to put them on. The...