Kenneth Hayne on the conflict of interest problem in advice

Kenneth-Hayne/Hayne-Royal-commission/quality-of-advice-review/

In a rare speech, former High Court justice, the Honourable Kenneth Hayne, has questioned whether advisers can ‘stand in more than one canoe’, when it comes to conflict of interest between client and product provider.

Read more about:

AUTHOR

Lazard financial advisory head appointed new CEO

Lazard/financial-advice/CEOs/

Peter Orszag, chief executive of financial advisory since 2019, has been named CEO of Lazard, effective 1 October 2023.

Read more about:

AUTHOR

100 advisers join Count’s expanded network

TAL/Affinia/Countplus/

Count has announced the successful acquisition of financial advice business Affinia from TAL, welcoming around 100 advisers to its national community.

Read more about:

AUTHOR

AMP scraps wealth management CEO role

amp/wealth-management/

Scott Hartley is to depart AMP as the firm scraps his CEO of Australian wealth management role while CFO Peter Fredricson will depart after less than a year in the position.

Read more about:

AUTHOR

Magellan CEO on letting staff finally be heard

Magellan/Hamish-Douglass/David-George/

EXCLUSIVE Magellan boss David George has been busy creating a culture of inclusion where fresh investment ideas are generated from the bottom up and meetings are short and sharp.

Read more about:

AUTHOR

Praemium repositions for growth following international exit

praemium/platforms/artificial-intelligence/technology/

EXCLUSIVE Six months into the role, Praemium’s chief strategy officer, Denis Orrock, has explained how he is positioning the platform technology company for growth.

Read more about:

AUTHOR

Treasury details proposed APRA and ASIC levy figures

ASIC/APRA/levy/

Treasury has issued a consultation paper detailing the proposed levy figures for APRA and ASIC in 2023-24.

Read more about:

AUTHOR

Pinnacle founder on avoiding ‘rockstar culture’ in fund management

Pinnacle/Magellan/fund-management/

Pinnacle’s founder, Ian Macoun, has explained how he has structured the firm with its affiliate boutiques in order to avoid the negative impact of key person risk.

Read more about:

AUTHOR

Digital advice ‘market leader’ in voluntary administration

digital-advice/Financial-planning/advice-intelligence/

One of Australia’s leading providers of digital advice solutions has entered voluntary administration.

Read more about:

AUTHOR

Franklin Templeton CEO on the benefits of advice commission

Around a quarter of the population would benefit from advice via commission compared to fee-based advice, particularly younger investors, according to Franklin Templeton’s chief executive, Jenny Johnson.

AUTHOR

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

The succession dilemma is more than just a matter of commitments.This isn’t simply about younger vs. older advisers. It’...

1 week 3 days ago

Significant ethical issues there. If a relationship is in the process of breaking down then both parties are likely to b...

1 month ago

It's not licensees not putting them on, it's small businesses (that are licensed) that cannot afford to put them on. The...

1 month 1 week ago

AMP has settled on two court proceedings: one class action which affected superannuation members and a second regarding insurer policies. ...

3 days 13 hours ago

ASIC has released the results of the latest adviser exam, with August’s pass mark improving on the sitting from a year ago. ...

1 week 6 days ago

The inquiry into the collapse of Dixon Advisory and broader wealth management companies by the Senate economics references committee will not be re-adopted. ...

2 weeks 6 days ago
Powered by MOMENTUM MEDIA
moneymanagement logo