Morningstar's managing director for Australia and New Zealand, Jamie Wickham, is to depart the business after 17 years and will be replaced by the firm’s wealth head....
As financial goals evolve with market volatility, ensuring adequate income is no longer the number one priority for investors, according to EY Global Wealth Management Re...
The firm's emergency rescue of Credit Suisse could mark its return to wealth management in Australia. ...
There is an estimated $3.7 trillion opportunity for the big four banks to return to wealth management and with the Quality of Advice Review focusing on digital advice, th...
Homeownership is no longer the predominant metric of wealth in Australia, according to new research from financial services giant AMP....
AMP has announced the progress of its Advice transformation as advice net profit after tax has more than halved from a loss of $146 million a year ago....
The wealth management firm has appointed two senior female advisers to join its 94-person investment advisory team in Australia. ...
AMP is questioning how it can engage independent financial advisers, acknowledging its advice business has been running at a substantial loss. ...
The wealth management market has seen a growth of $266 billion during financial year 2020-21 despite the overall share in the financial services market declining by 0.9% ...
An executive with major consultancy Deloitte has revealed that at least two of the major banks have been scoping out opportunities to return to the financial planning are...
The acquisition would include Parametric and Calvert and will be finalised in the second quarter of 2021. ...
Its official. IOOF will acquire MLC Wealth but will not carry remediation costs....
In the absence of sufficiently attractive offers and in the face of the COVID-19 pandemic disruption, AMP has decided not to divest its New Zealand wealth management busi...
The bank has created a new division that will encompass its wealth platforms, superannuation and retirement products, investments, general and life insurance, and auto fi...
Yellow Brick Road has completed the sale of its wealth business to Sequoia for just over $1.9 million....
My view is that after 2026 there will be quite a bit less than 10,000 'advisers' (investment advisers) and less than 100...
Dugald makes a great point that not everyone's definition of green is the same and gives a good example. Funds have bee...
How did they get the AFSL in the first place? Given the green light by ASIC. This is terrible example of ASIC's incompet...