WEALTH MANAGEMENT

Financial planning

AMP is questioning how it can engage independent financial advisers, acknowledging its advice business has been running at a substantial loss. ...

Financial planning

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% ...

Financial planning

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...

Funds management

The acquisition would include Parametric and Calvert and will be finalised in the second quarter of 2021. ...

Financial planning

Its official. IOOF will acquire MLC Wealth but will not carry remediation costs....

Financial planning

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...

Financial planning

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...

Financial planning

Yellow Brick Road has completed the sale of its wealth business to Sequoia for just over $1.9 million....

Financial planning

Melbourne-based wealth management firm MEDIQ Financial Services has become the latest firm to join the Focus Financial Partners partnership....

Financial planning

AMP’s proposed new wealth business model has been mapped out for a Parliamentary committee....

Policy & Regulation

The Federal Treasury has delivered only vague answers to Parliamentary questioning about the future funding of the Financial Adviser Standards and Ethics Authority....

Financial planning

Over half of Australian parents have not discussed their will or legacy with their children, according to a Perpetual survey....

People & Products

Paul Voges, formerly of Colonial First State, has been appointed as key account manager for Investors Mutual Limited....

Funds management

The transformation of AMP will be a three-year process as the firm seeks to regain client trust, according to chief executive Francesco de Ferrari....

Financial planning

‘Digital is critical’ for the next generation of financial advice, according to AMP chief executive for Australian wealth management Alex Wade. ...

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MARKET INSIGHTS

The succession dilemma is more than just a matter of commitments.This isn’t simply about younger vs. older advisers. It’...

1 month 3 weeks ago

Significant ethical issues there. If a relationship is in the process of breaking down then both parties are likely to b...

2 months 2 weeks ago

It's not licensees not putting them on, it's small businesses (that are licensed) that cannot afford to put them on. The...

2 months 3 weeks ago

ASIC has canceled the AFSL of Sydney-based asset consultant and research firm....

3 weeks 4 days ago

ASIC has banned a Melbourne-based financial adviser for eight years over false and misleading statements regarding clients’ superannuation investments....

1 week 6 days ago

ASIC has banned a Melbourne-based financial adviser who gave inappropriate advice to his clients including false and misleading Statements of Advice....

1 week 4 days ago
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