Fortnum and PFS unify under parent company

fortnum-private-wealth/Fortnum/australian-unity/financial-advisers/

| By Jasmine Siljic |

Following its acquisition of Australian Unity’s advice business, Fortnum Private Wealth and Professional Financial Services have formed a new parent company with Fortnum CEO Neil Younger at the helm.

AUTHOR

Jasmine Siljic

Jasmine Siljic is a journalist at Money Management. Prior to joining MM, she also worked across other Momentum Media brands as an intern and cadet journalist. She recently completed a Bachelor of Media and Communications at Macquarie University.

View articles by Jasmine

Jasmine 's social profiles:

E-mail Author

Macquarie Bank receives $10m penalty from Federal Court

macquarie-bank/macquarie/ASIC/federal-court/

| By Keith Ford |

Financial planning

The Federal Court has imposed a $10 million penalty on Macquarie Bank for failing to prevent and control unauthorised fee transactions by third parties including financial advisers.

AUTHOR

Keith Ford

View articles by Keith

Keith 's social profiles:

E-mail Author

The concerns keeping financial services directors awake at night

AICD/risk-management/boards/directors/

| By Laura Dew |

Funds management

There is one specific risk that is a significantly higher concern for financial services directors compared to companies overall and is impacting their risk appetite, according to the AICD.

AUTHOR

Laura Dew

Laura Dew is editor at Money Management. Prior to joining MM, she spent five years working at Investment Week in the UK, covering asset and wealth management.

View articles by Laura

Laura 's social profiles:

What should advisers consider before embarking on M&A?

pricing/netwealth/M&A/Peloton-Partners/financial-advice/

| By Laura Dew |

Financial planning

It can be extremely hard to realise the gains from financial advice M&A, according to Peloton Partners’ Rob Jones, and more could be gained from firms looking inward at their own practice.

AUTHOR

Laura Dew

Laura Dew is editor at Money Management. Prior to joining MM, she spent five years working at Investment Week in the UK, covering asset and wealth management.

View articles by Laura

Laura 's social profiles:

Bonds see largest allocation drop in 20 years

bonds/fixed-income/global-fixed-income/Bank-of-America/

| By Laura Dew |

Funds management

Global fund managers are shunning bonds, with the asset class seeing the largest drop in allocations in more than 20 years.

AUTHOR

Laura Dew

Laura Dew is editor at Money Management. Prior to joining MM, she spent five years working at Investment Week in the UK, covering asset and wealth management.

View articles by Laura

Laura 's social profiles:

Matching the right platform with your client base

platforms/Recep-Peker/HUB24/netwealth/praemium/OneVue/iress/

| By Laura Dew |

Financial planning

With platforms reporting their quarterly results, there is a clear divide in the adviser markets they are targeting, according to platform specialist Recep Peker, and which would be right for your clients.

AUTHOR

Laura Dew

Laura Dew is editor at Money Management. Prior to joining MM, she spent five years working at Investment Week in the UK, covering asset and wealth management.

View articles by Laura

Laura 's social profiles:

Advice firm cops weekly double-digit loss

Wealth-Data/adviser-numbers/Centrepoint/centrepoint-alliance/

| By Jasmine Siljic |

Financial planning

A financial advice firm has seen a weekly decline of 10 advisers, with all moving to a new licensee, while Centrepoint Alliance continues its “growth story”.

AUTHOR

Jasmine Siljic

View articles by Jasmine

Jasmine 's social profiles:

E-mail Author

Sequoia chair steps down

Sequoia-financial-group/Sequoia/AFSL/licensees/

| By Laura Dew |

Financial planning

Sequoia Financial Group has seen a top-level reshuffle as the chair of the board, John Larsen, steps down after five years in the position.

AUTHOR

Laura Dew

Laura Dew is editor at Money Management. Prior to joining MM, she spent five years working at Investment Week in the UK, covering asset and wealth management.

View articles by Laura

Laura 's social profiles:

Dixon’s $16m class action settlement approved by Federal Court

Dixon-Advisory/dass/CSLR/AFCA/federal-court/

| By Keith Ford |

Financial planning

The Federal Court has approved the $16 million class action settlement regarding Dixon Advisory and Superannuation Services.

AUTHOR

Keith Ford

View articles by Keith

Keith 's social profiles:

E-mail Author

The post-SOA future: How are advisers adapting?

statements-of-advice/SOAs/advice-documentation/Virtual-Business-Partners/

| By Jasmine Siljic |

Financial planning

As statements of advice move into the rear-view mirror, Vital Business Partners explores how financial advisers are adopting innovative documentation strategies.

AUTHOR

MARKET INSIGHTS

So we are now underwriting criminal scams?...

UGC to blame for 'eyewatering' CSLR cost increase

2 months ago

Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...

Stephen Jones to retire

2 months ago

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

Adviser sees registration suspended over ROA usage

4 months ago

Fortnum and PFS unify under parent company

AUTHOR

Jasmine Siljic

Jasmine 's social profiles:

Macquarie Bank receives $10m penalty from Federal Court

AUTHOR

Keith Ford

Keith 's social profiles:

The concerns keeping financial services directors awake at night

AUTHOR

Laura Dew

Laura 's social profiles:

What should advisers consider before embarking on M&A?

AUTHOR

Laura Dew

Laura 's social profiles:

Bonds see largest allocation drop in 20 years

AUTHOR

Laura Dew

Laura 's social profiles:

Matching the right platform with your client base

AUTHOR

Laura Dew

Laura 's social profiles:

Advice firm cops weekly double-digit loss

AUTHOR

Jasmine Siljic

Jasmine 's social profiles:

Sequoia chair steps down

AUTHOR

Laura Dew

Laura 's social profiles:

Dixon’s $16m class action settlement approved by Federal Court

AUTHOR

Keith Ford

Keith 's social profiles:

The post-SOA future: How are advisers adapting?

AUTHOR

Jasmine Siljic

Jasmine 's social profiles:

Never miss the latest news and developments in wealth management industry

Diversify to defend wealth amidst rising volatility

Navigating the AT1 hybrids transition

Small caps: An election trump card for 2025?

Drones in Defence: Reshaping Modern Warfare and its Economics

MARKET INSIGHTS

Podcast

OUR PLATFORMS AND BRANDS

EVENTS AND SUMMITS

PODCASTS

LEARNING AND EDUCATION

MOMENTUM MARKETS NETWORK

STAY CONNECTED

USEFUL LINKS

OUR PLATFORMS AND BRANDS

EVENTS AND SUMMITS

PODCASTS

LEARNING AND EDUCATION

MOMENTUM MARKETS NETWORK

LINKS

CATEGORIES

STAY CONNECTED