ANZ

Financial planning

As much as US advisers would love exclusive rights to the financial intermediary needs of all Americans, the reality is that with a fast-growing and profitable customer b...

Financial planning

Salomon Smith Barney (SSB) and UBS Warburg have picked up a number of the Merrill Lynch private client brokers who found themselves facing redundancy when the operation w...

Financial planning

It has been often stated in recent weeks that this year would be a very big year for the financial services industry in terms of far reaching developments and events....

Financial planning

The news in late December that the Commonwealth will fold the funds management operations of Colonial First State into its own operations signals the end of a slow joinin...

Funds management

The speculation surrounding a funds management partner for ANZ has been resolved with the group announcing that it has signed a memorandum of understanding with ING to fo...

Financial planning

The liquidators of Harts Australia have called for further investigations into the group following news it may have continued trading well after the group was deemed inso...

Financial planning

Morningstar has put the internal turmoil over the dismissal of its chief executive behind it and hit back strongly at a report which questioned the value of the research ...

Financial planning

Morningstar has today hit back at a report by asset consulting group Frank Russell which questioned the value of the research house’s ratings model for managed funds....

Superannuation

AM Corporation has won the tender to manage the Optus employee superannuation fund beating out seven other contenders to manage the 9000 member fund....

Financial planning

ANZ has increased its share of online share trading company, E*Trade to almost 31 per cent....

Financial planning

<caps>F</caps>rank Russell Company will make larger moves into the retail end of the market by expanding on its relationship with distribution agents, according to Frank ...

Financial planning

ANZ Banking Group plans to increase the number of financial planners from 200 to 500 by 2003, a decision that was made following its plan to expand its funds management b...

Financial planning

Traders on the Australian Stock Exchange (ASX) appear to be apprehensive about the re-opening of the New York Stock Exchange in less than 12 hours, and have dumped more t...

People & Products

AMP Financial Services has appointed Victor Sumsky to the position of dealer group services manager in its advice and services division....

Financial planning

Combined retail managed funds in Australia totaled more than a quarter of a trillion dollars ($257.3 billion) as of March 31, which was an increase of 12 per cent over th...

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MARKET INSIGHTS

GG

So shareholders lose a dividend plus have seen the erosion of value. Qantas decides to clawback remuneration from Alan ...

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Denise Baker

This is why I left my last position. There was no interest in giving the client quality time, it was all about bumping ...

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gonski

So the Hayne Royal Commission has left us with this. What a sad day for the financial planning industry. Clearly most ...

4 weeks ago

The decision whether to proceed with a $100 million settlement for members of the buyer of last resort class action against AMP has been decided in the Federal Court....

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A former Brisbane financial adviser has been found guilty of 28 counts of fraud where his clients lost $5.9 million....

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The difference between a Record of Advice and Statement of Advice is the crux of the FSCP’s latest determination against a relevant provider. ...

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