Asset managers’ operating models will “need more than cost-cutting”, according to EY, if they are to remain profitable going forward. In the consultancy’s report The Future of Asset Management, which ...
The fallout from Shield and First Guardian is likely to stifle future platform innovation as trustees shy away from risk as well as leave investors with fewer investment options. According to ...
Only four licensees saw double-digit adviser losses over the Christmas and New Year period but a tail of more than 100 AFSLs were down by one each. Over the period from 18 December to 8 January, Padua ...
Women have lower retirement confidence and financial literacy that their male counterparts, according to AMP’s Retirement Confidence Pulse report, despite placing a higher value on their financial ...
AMP Limited has launched a new planner training and development program replacing its Horizons program – Adviser Pathways. The company announced the program was based on a minimum degree standard as ...
Maple-Brown Abbott’s infrastructure affiliate has announced a partnership with a London-based investment firm, Pacific Asset Management. Maple-Brown Abbott Global Listed Infrastructure (MBA ...
Over 90 per cent of members of both Regional Australia Bank and Holiday Coast Credit Union (HCCU) have voted in favour of merging. The decision came as both entities held separate special general ...
Australia’s largest advice licensee Entireti has acquired licensee solution provider IOOF Alliances from Insignia. This will merge IOOF Alliances with existing Jigsaw Advice Solutions, which it ...
ASIC has filed proceedings in the NSW Supreme Court that claim Fortnum Private Wealth failed to meet its AFSL obligations due to inadequate policies, frameworks, systems and controls in place to deal ...
Two options are available when paying a lump sum superannuation death benefit to a SIS dependant who is a non-tax dependant, such as an adult child. The sum death benefit can be paid directly from the ...
Financial advice and fintech firm PictureWealth remains committed to partnering with like-minded businesses amid its recent M&A activity. Last week, Money Management reported that the PictureWealth ...
The firm has partnered with five founding executives to launch Benwerrin, with the team bringing more than 100 years combined of experience working in mining, project development, and resource finance ...
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