PIS
Financial planning
Dealer groups are preparing for changes in the financial services industry by looking to platform and fund ownership as a way to take planner and licensee remuneration in...
Financial planning
Professional Investment Services will draw on a $17 million fund it created in 2007 to cater for claims made against the company from Westpoint investors....
Financial planning
Professional Investment Services has been ordered to pay $5.9 million to Westpoint investors....
Financial planning
Professional Investment Services (PIS) is considering placing a cap on the commissions its advisers can receive for recommending investment products....
Financial planning
The Australian Securities and Investments Commission has launched civil action on behalf of Westpoint investors against advisory firm Brighton Hall Securities....
Financial planning
A preference for dealing with high-net-worth clients may see some financial planners miss out on securing the valuable next generation of clients, particularly if mortgag...
Financial planning
National mortgage broking company Refund Home Loans has entered into a joint venture with PIS under which it will offer the group's financial products to its existing cli...
Editorial
PIS took a reputational hit when ASIC announced it had reached a settlement on matters relating to a class action tied to the collapse of Westpoint....
Financial planning
Dealer group PIS has agreed to compensate clients affected by the Westpoint collapse, but despite reaching an agreement with ASIC, it has not admitted liability....
Financial planning
Professional Investment Services is attempting to reposition the group in anticipation of a possible removal of commission-based income....
People & Products
Professional Investment Services has appointed the final member of its new-look management team, with Kelly Wyman joining as group general manager, services....
Financial planning
The removal of payments such as volume rebates will see many of Australia's largest dealer groups collapse, unless they restructure to offer their own products or run int...
Financial planning
Australia's biggest dealer group is considering restructuring its 1,400-plus adviser force into separate licences and brands....
Financial planning
Professional Investment Services is reported to be examining its exposure to various managed investment schemes, and is reportedly meeting with a group of its advisers to...
Financial planning
Advice not just about superannuation and campaign damaging perceptions regarding superannuation, the role of financial advisers and comprehensive advice. ...
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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...