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Mike Taylor writes that scores of financial advisers will be left looking for new licensees in the wake of this month’s announcements by the Commonwealth Bank and AMP Li...
Financial planning
Investors have backed AMP, with the company completing its $650 million capital raising and signalling that it will now embark on its strategy....
Financial planning
The Commonwealth Bank has declared its intention to cease the Financial Wisdom license in June, next year....
Financial planning
The Commonwealth Bank has confirmed its exit from Financial Wisdom at the same time as announcing an 8.1 per cent decline in full-year net profit after tax....
Funds management
The directors of Aurora Funds Management have requested a general meeting to move resolutions to appoint a new responsible entity for the HHY Fund....
Funds management
The board of Keybridge Capital Limited is caught up in a deadlock and no longer able to function effectively, according to Bentley Capital....
Financial planning
ClearView has announced the removal of its financial advice segment from embedded value calculations as a part of a broader resetting of its business in 2H FY19....
Financial planning
Barely a month out from its half-year results announcement, AMP has confirmed it has maintained its strategy of taking equity stakes in aligned planning practices....
Funds management
BetaShares has announced the launch of its first UK-focused exchange traded fund on the Australian Securities Exchange....
Financial planning
With the Commonwealth Bank confirming via its Pathways exit its intention to exit its wealth management businesses over time, attention has turned to the future of Financ...
Funds management
Bell Financial Group has announced it expects a whopping 59 per cent increase in net profit before tax for its shareholders for the first half of 2019, as compared to fir...
Funds management
Platform provider HUB24 has dismissed a newspaper report that a combination of recent interest rate cuts and the fees it charges have left some financial planning clients...
Funds management
Despite a bid from New Zealand’s FNZ, the board of GBST has decided to recommend a takeover bid by SS&C....
Funds management
Reverse mortgage specialist, Heartland Group, has looked to underpin expected growth into the sector with an extended funding facility....
Funds management
VanEck has announced it has launched on the Australian Securities Exchange its Vectors MSCI Australian Sustainable Equity exchange traded fund....
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So we are now underwriting criminal scams?...
Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...
Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...