The Guinness Peat Group's interest in MMC has been boosted to 61.9 per cent through an on-market takeover bid by GPG subsidiary Ecurb Australia....
Professional Investment Services will draw on a $17 million fund it created in 2007 to cater for claims made against the company from Westpoint investors....
Litigation funders may rethink their class action opportunities against fund managers if they are required to register multi-party action as managed investment schemes....
Professional Investment Services has been ordered to pay $5.9 million to Westpoint investors....
The Commonwealth Bank of Australia is in the process of implementing a new $800 million software system it hopes will allow it to more easily identify problems such as St...
Professional Investment Services (PIS) is considering placing a cap on the commissions its advisers can receive for recommending investment products....
The Commonwealth Bank has changed its process for notifying clients of margin calls in response to the Storm Financial debacle, despite acknowledging the intermediary mod...
The Investment and Financial Services Association has refreshed its board, with ING's Harry Stout and Mercer's Peter Promnitz being given permanent roles after filling ca...
In its latest review of the diversified sector Zenith Investment Partners granted two 'highly recommended' ratings - and both went to BlackRock....
Plans to divest all insurance and investment management operations globally, echoing the recent sale of the local business to ANZ....
Insignia Financial has made four appointments, including three who have joined from TAL, to lead strategy and innovation in its retirement solutions for the MLC brand....
A former Brisbane financial adviser has been charged with 26 counts of dishonest conduct regarding a failure to disclose he would receive substantial commission payments ...
Pinnacle Investment Management has announced it will acquire strategic interests in two international fund managers for $142 million....
This verdict highlights something deeply wrong and rotten at the heart of the FSCP. We are witnessing a heavy-handed, op...
Interesting. Would be good to know the details of the StrategyOne deal....
It’s astonishing to see the FAAA now pushing for more advisers by courting "career changers" and international recruits,...