ASX

Funds management

The fund manager’s funds management soared 29% to $92.8 billion over the year to 31 December, 2019....

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Superannuation

The firm’s client numbers have taken a hit off the back of legacy issues and five years of mergers and acquisition....

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Financial planning

AMP Capital was a major bright spot for AMP as the company confirmed the exit of 440 advisers, an impairment bill of $2.35 billion and challenging times ahead when report...

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Financial planning

The rebranding of Madison to Sargon has been halted as OneVue and the Sargon administrators and receivers work out the future of the dealer group....

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Financial planning

The voluntary administration of its parent company Sargon has raised questions about the future of dealer group, Madison....

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Funds management

Singapore-based Keppel Capital has entered into control over the Australian Unity Office Fund after buying a half stake in its responsible entity, AUIREL....

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Superannuation

The superannuation industry is now big enough and old enough to be broken away from the “coddling’ of the industrial relations system, according to the Federal Government...

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Life/Risk

Insurer Clearview has confirmed it will cease the sale of agreed value income protection policies from 31 March....

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Funds management

Macquarie Group Limited has confirmed that German authorities dealing with a 2011 short-selling issue have designated as suspects around 60 of the company’s current and f...

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Financial planning

ASX-listed Netwealth has reported a growth in funds under advice to $28.5 billion at the end of December, 2019....

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People & Products

Former ANZ Group chief executive, John McFarlane has been announced as the chair-elect of Westpac and will be responsible for appointing the bank’s next chief executive....

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Financial planning

The bank has appointed Colin Carter to the review panel while a man has been charged for using Westpac’s transfer system to pay for live-streamed child abuse videos in so...

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Funds management

WAM Active’s takeover bid raises issues associated with the potential need for shareholder approval by one or more ASX listed companies....

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Funds management

Aurora Funds Management has announced that its Dividend Income Trust has announced intentions to make an off-market takeover bid for Keybridge Capital....

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People & Products

Iress has acquired blockchain platform provider, BC Gateways, established by former APIR chairman, Andy Hutchings Broso....

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MARKET INSIGHTS

So we are now underwriting criminal scams?...

2 months ago

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

2 months ago

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

4 months 1 week ago

A Sydney financial adviser has been permanently banned from providing any financial services, with the regulator deriding his “lack of integrity, trustworthiness and prof...

3 weeks 2 days ago

Minister for Financial Services, Stephen Jones, has provided further information about the second tranche of the Delivering Better Financial Outcomes (DBFO) reforms....

2 weeks 1 day ago

One licensee has lost 27 advisers in the past week, now sitting at zero, according to the latest Wealth Data figures....

3 weeks 2 days ago