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WEALTH MANAGEMENT BUSINESS
Financial planning
AMP has moved to float off its New Zealand wealth management business next year to create a standalone wealth management and advice business....
Financial planning
AMP Limited has taken a major step in selling down its life businesses in transactions which will translate to $3.45 billion....
Financial planning
Research from recruitment firms saying bad publicity detracted new employees to the wealth management industry was not necessarily reflected in individual businesses....
Financial planning
Australian Unity is aiming to take advantage of opportunities in the advice sector following its purchase of Premium Wealth Management, after posting a $12 million first ...
Financial planning
Centrepoint Alliance has increased its statutory net profit after tax by more than 100 per cent and will pay a dividend to its shareholders for the first time in eight ye...
Financial planning
Technology and software provider Iress has reported an underlying group profit of $71.4 million for year to the end of December 2014, up 27.7 per cent on the on the pcp....
Financial planning
AMP has posted a solid result for 2014, with underlying profit up 23 per cent year on year, largely driven by growth in its wealth management business. ...
Financial planning
Commbank has continued to perform despite some struggles within its wealth management businesses....
Financial planning
Technology provider IRESS sees solid half yearly results backed by strong performance in wealth management business....
Financial planning
Professional services firm ILH Group grateful for performance of its wealth management acquistion....
Financial planning
Premium Wealth Management has confirmed its shareholders are considering an approach from Australian Unity....
Financial planning
IOOF’s exit of its stake in PATRON Financial Services cleared the way for the dealer group’s merger with Infocus Wealth Management....
Financial planning
Bristow announces merger between Infocus and PATRON...
People & Products
Former MLC chief executive Steve Tucker will head up a new funds management firm, slightly more than a year after his departure from the NAB-owned business. ...
Editorial
PIS parent Centrepoint Alliance has reported an increase in pre-tax profit but was hit by declining numbers and ongoing claims against advisers....
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MARKET INSIGHTS
Podcast
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...
So we are now underwriting criminal scams?...