Fund managers around the world are facing a major shake-out, according to one of the world’s biggest financial services groups, Frank Russell....
Professional Investment Services (PIS) has taken the plunge into retail stock broking through a deal signed with online broker E*Trade....
Financial services groups with global scale and reach will be the big industry winners in coming years, according to AXA Australia chief executive Les Owen....
Assirt has slapped a hold notice on Paladin property trusts following the decision by Norwich and Paladin minority shareholders to offload the group to Deutsche Asset Man...
The Reserve Bank of Australia (RBA) today acted to head off inflationary pressures in the econ-omy, lifting the cash rate to 6.25 per cent from 6.0 per cent....
Steve Helmich has been named as head of distribution in the wake of the departure of Neil Swindells who resigned from AMP to go to AXA a fortnight ago....
Former GIO Asset Management chief executive Mark Dutton has been named chief investment officer of ipac securities....
Poor performance by AMP’s older style funds have dragged down the fund man-ager’s Morningstar overall rating to three stars....
Rod Atfield is to bring down the curtain on his 40 year career with Mercantile Mutual at the end of this year....
Tower Trust is to remain based in Adelaide, following the acquisition of IOOF’s trust business yesterday....
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,...