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Funds management
The Australian Prudential Regulation Authority (APRA) has moved to clarify its attitude towards hedge fund investing after comments it made back in March alarmed investor...
Financial planning
Financial services group Challenger International and Kerry Packer’s CPH Investment Corp have officially combined in a $1.1 billion merger....
Financial planning
Hartleys Limited will unveil a writedown of at least $21 million for the financial year ending today due to costs associated with the restructure of the group, and has ap...
People & Products
Treasurer Peter Costello has announced the appointment of Dr John Laker as chairman and Ross Jones as deputy chairman of the Australian Prudential Regulation Authority (A...
Financial planning
AMP Limited has announced the terms of the $500 million demerger capital raising being mounted via a Share Purchase Plan (SPP) which kicked off today and is scheduled to ...
Financial planning
AMP confirmed today that it has received preliminary proposals from other financial groups regarding a possible acquisition, chairman Peter Wilcox told investors at the g...
Financial planning
The inaugural Business Development Manager (BDM) of the Year Award was hugely popular, with hundreds of readers nominating 98 BDMs for the award. Culling the list to a ma...
Financial planning
Trading in AMP Limited stocks was suspended today following the announcement of a de-merger which would result in the Australasian operations being distanced from the gro...
People & Products
ING Australia has announced the departure of its chief executive officer John Wylie less than 24 hours before ANZ Bank revealed its 49 per cent stake in the joint ING Gro...
Financial planning
Hunter Hall Investment Management has undergone a staff reshuffle with the appointment of a new chief investment officer and the resignation of one investment analyst and...
Financial planning
Listed financial services group Hartleys has reached an agreement with a management buyout committee today to transfer the group’s Perth-based wealth management staff and...
Financial planning
The International Organisation for Standardisation (ISO) is a step closer to introducing an international standard for financial planning to Australia that would require ...
Financial planning
Investment administrator Ausmaq together with business partners Accenture, Microsoft Financial Services, Intel and Web Central yesterday launched mainhub, an electronic h...
Financial planning
Tower Limited has experienced further changes to the composition of its board following the appointment of two executives and the departure of long-standing director Lanc...
Financial planning
Sanford Securities appears to have lost its battle to stave off attempts by IWL in taking a majority stake in the group after the latter’s stated its holding had risen to...
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Podcast
This verdict highlights something deeply wrong and rotten at the heart of the FSCP. We are witnessing a heavy-handed, op...
Interesting. Would be good to know the details of the StrategyOne deal....
It’s astonishing to see the FAAA now pushing for more advisers by courting "career changers" and international recruits,...