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....

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Financial planning

AMP Limited has taken a major step in selling down its life businesses in transactions which will translate to $3.45 billion....

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Financial planning

Research from recruitment firms saying bad publicity detracted new employees to the wealth management industry was not necessarily reflected in individual businesses....

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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 ...

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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...

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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....

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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. ...

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Financial planning

Commbank has continued to perform despite some struggles within its wealth management businesses....

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Financial planning

Technology provider IRESS sees solid half yearly results backed by strong performance in wealth management business....

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Financial planning

Professional services firm ILH Group grateful for performance of its wealth management acquistion....

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Financial planning

Premium Wealth Management has confirmed its shareholders are considering an approach from Australian Unity....

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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....

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Financial planning

Bristow announces merger between Infocus and PATRON...

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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. ...

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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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Never miss the latest news and developments in wealth management industry

JOHN GILLIES

Might be a bit different to i the past where at most there was one man from the industry on the loaded enquiry boards a...

1 day 1 hour ago
Simon

Who get's the $10M? Where does the money go?? Might it end up in the CSLR to financially assist duped investors??? ...

5 days 20 hours ago
Squeaky'21

My view is that after 2026 there will be quite a bit less than 10,000 'advisers' (investment advisers) and less than 100...

1 week 6 days ago

AustralianSuper and Australian Retirement Trust have posted the financial results for the 2022–23 financial year for their combined 5.3 million members....

9 months 2 weeks ago

A $34 billion fund has come out on top with a 13.3 per cent return in the last 12 months, beating out mega funds like Australian Retirement Trust and Aware Super. ...

9 months 1 week ago

The verdict in the class action case against AMP Financial Planning has been delivered in the Federal Court by Justice Moshinsky....

9 months 2 weeks ago