Macquarie Bank has posted a $333 million after tax profit for the year to March 31 thanks to each division of the group increasing profit and market share and achieving a...
Financial services group Challenger International and Kerry Packer’s CPH Investment Corp have officially combined in a $1.1 billion merger....
Challenger International’s shareholders have strongly approved a merger with CPH Investment Corporation today, as they voted to join the Kerry Packer backed company to ac...
Listed financial services group Hartleys Limited will close its wealth management division, sell its margin lending book and transfer selected Hartley advisers and client...
The process involved in obtaining an Australian Financial Services (AFS) licence may be arduous and time-consuming but at least it’s relatively straight-forward. What is ...
Not many fund managers can claim to have escaped the industry shake-out over the past two years. But Macquarie Funds Management is one of them. Simon Segal reports....
Suncorp Metway has recorded a slight profit increase in the six months to December last year, despite a sharp drop in the performance of its wealth management division....
Commonwealth Financial Solutions (CFS) and the Colonial Master Fund have suffered an embarrassing breach in the security of their files when a number of clients with the ...
ING Australia has chosen the name Tandem as the new trademark for the consolidated financial planning business it is forming with the merger of three of its existing deal...
Challenger International has attributed a 24 per cent rise in year-on-year profits to an increase in sales of annuity and funds management products....
The head of Macquarie Adviser Services, Tim Farelly, will take a six month break from the industry after Macquarie Financial Services Group (FSG) announced a major restru...
SPECIALIST fund-of-hedge-fund manager Investor Select Advisors is looking to team up with an Australian funds management group in an attempt to grab a foothold in Austral...
Aside from the obvious benefits to shareholders, mergers and acquisitions of life companies also bring a portfolio of highly profitable business to the buyer. The key to ...
Morningstar and Australian Skandia has added a style commentary to the Skandia Morningstar Global Style Box, to provide a greater understanding of a fund's investment sty...
The Macquarie Bank group has announced a small increase of three per cent, for the year to the end of March 2002 but has suffered a modest loss within its Financial Servi...
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,...
increased professionalism within the industry - shouldn't that say, FAR register almost halving in the last 24 months he...