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MERGERS AND ACQUISITIONS
Financial planning
The single most important factor to consider for financial planning practices looking at merging with, or acquiring, another business is demonstrating reliable future cas...
Financial planning
ANZ has announced plans to implement an online merger and acquisition facility where financial planners can anonymously advertise that there is a practice for sale, while...
Financial planning
Following a successful merger between Snowball Group and Shadforth Financial earlier this year, the combined group has posted a net profit after tax of $25.4 million for ...
Financial planning
The Rock Building Society Limited and MyState Limited have announced they intend to merge by way of a scheme of arrangement with Rock shareholders....
Financial planning
Count Financial has announced a record net profit after tax (NPAT) for the 2011 financial year of $51.56 million - more than double the previous year....
Financial planning
ipac south australia has acquired Intervest Holdings, a practice with seven planners and $230 million FUA....
Financial planning
National Australia Bank's (NAB's) direct asset management business, nabInvest, has taken a non-controlling interest in Peridiem Global Investors LLC (Peridiem), a Los Ang...
Financial planning
IOOF will aim to retain most DKN staff if a takeover goes ahead, although there may be some redundancies, the group has stated....
Financial planning
Investment group Santapau Limited has acquired the mortgage service and messaging businesses of software company Pisces Group for an undisclosed sum....
People & Products
Professional Investment Services selects former Marsh executive as its new CEO....
Financial planning
Recent industry upheaval has resulted in plenty of small and medium sized dealer groups looking for a quiet exit through a sale to an institution, according to Equity Tru...
Financial planning
DKN has announced a $21 million write down to the carrying value of goodwill in its accounts in a statement to the Australian Securities Exchange, which the company said ...
Policy & Regulation
FOFA is expected to be the catalyst for further industry consolidation while the move to a fee-for-service environment is set to trigger the sale of 'C' and 'D' level cli...
Financial planning
Standard & Poor's ratings on the Zurich Investments Global Growth Share Fund and Zurich Investments Unhedged Global Growth Share Fund will remain unaffected by the change...
Financial planning
Countplus MBT has completed its acquisition of Loughhead Roberts, a chartered accounting and financial planning practice in Parramatta, Sydney....
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Podcast
So we are now underwriting criminal scams?...
Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...
Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...