WEALTH

Funds management

Westpac/BT has exited its incubator, Ascalon Capital Managers....

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Financial planning

Australian Securities and Investments Commission chairman, James Shipton has declared the regulator will be accelerating and expanding the so-called Wealth Management Pro...

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Financial planning

ANZ has continued to move away from retail business in Asia and announced it has finalised the sale of six Asian retail and wealth businesses. ...

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Financial planning

BT Financial Group has reshaped its wealth delivery with the creation of a new Advice and Private Wealth division....

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Superannuation

MLC has called on Australians to maximise their super balances and thus not slip into ‘retirement poverty’....

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Financial planning

The majority of Australians have not seen a financial adviser despite mounting concerns about their retirement as they feel it is only for the wealthy....

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Financial planning

ANZ has continued its change in strategic direction, this time flagging the possible sale of its life insurance, advice and superannuation and investments businesses in A...

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Accounting

Ignition Wealth has launched a wellness profile, aimed at enabling customers to aggregate their financial data and produce a snapshot of their assets....

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Financial planning

Pharos Financial Group’s Proactive Portfolios has launched five new managed fund models separately managed account options through the WealthPortal website to simplify ad...

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Financial planning

MGD has appointed an ex-banking sector employee to provide it with financial risk mitigation strategies. ...

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Financial planning

Infocus has launched direct-to-consumer free robo-advice solution, earnie.com.au, using Praemium as a technology partner. ...

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Accounting

Former BT Select practice, BCB Financial Planning has chosen to be licensed by GPS Wealth, with GPS Wealth planning on striking further agreements with other accounting f...

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Financial planning

ANZ will launch its Grow Wrap after partnering with Macquarie in February, and will pilot a health and wellness pilot to relieve insurance costs for clients. ...

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Financial planning

ANZ’s strategic repositioning delivers 24 per cent decline in cash profit to $2.8 billion amid more testing conditions....

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Financial planning

Former Secuitor practice, Experience Wealth, has gone it alone with an AFSL aimed directly at Gen X and Y clients....

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Never miss the latest news and developments in wealth management industry

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 ago
Jason Warlond

Dugald makes a great point that not everyone's definition of green is the same and gives a good example. Funds have bee...

1 week ago
Jasmin Jakupovic

How did they get the AFSL in the first place? Given the green light by ASIC. This is terrible example of ASIC's incompet...

1 week 1 day 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 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