ClearView denies sale talk
ClearView Wealth Limited has denied a media report that it is currently exploring sales alterantives.
The company issued statement to the Australian Securities Exchange (ASX) yesterday in which its managing director, Simon Swanson said that while the company often engaged in "market and industry discussion with strategic parties as part of its overall business planning", it had not received a proposal from any potential parties.
He said the ClearView board would continue to keep shareholders informed.
Recommended for you
The FSCP has announced its latest verdict, suspending an adviser’s registration for failing to comply with his obligations when providing advice to three clients.
Having sold Madison to Infocus earlier this year, Clime has now set up a new financial advice licensee with eight advisers.
With licensees such as Insignia looking to AI for advice efficiencies, they are being urged to write clear AI policies as soon as possible to prevent a “Wild West” of providers being used by their practices.
Iress has revealed the number of clients per adviser that top advice firms serve, as well as how many client meetings they conduct each week.