Sinodinos new Assistant Treasurer
The Financial Services industry will be subject to new ministerial arrangements, with Senator Mathias Cormann appointed as Minister for Finance and Senator Arthur Sinodinos being appointed Assistant Treasurer.
The Financial Services industry is expected to broadly welcome the new portfolio appointments given Cormann’s continued involvement in finance and Sinodinos’ involvement in the sector.
Recommended for you
With Insignia shares up 32 per cent in the past month and the firm enacting a five-year growth plan, Morningstar believes the two recent acquisition bids from private equity firms demonstrate the company is undervalued.
As financial advisers enter the new year, Assured Support shares eight strategies to help advice businesses thrive through focused and consistent planning.
Insignia Financial has received a takeover bid from a second US firm, topping Bain Capital’s offer with a bid of $4.30 per share.
As the year comes to an end, Money Management takes a look at the biggest announcements that shocked the financial advice industry in 2024.