Sovereign has backtracked on its plans to give one of its advisers $1 million next year as a reward for writing business. The turnaround comes as the Commonwealth Bank's ...

Not since Desert Storm a decade ago has the insurance industry had to seriously consider warlike activities, let alone a disaster of the nature that occurred in the alleg...

Professional Investment Services (PIS) has made the first concrete move of its expansion plans in Singapore with the acquisition of the 195 member strong agency sales for...

America’s Certified Financial Planner (CFP) Board is planning to relinquish some of its control to a new ruling world board, leaving the final say on global CFP matters t...

Suncorp Metway is set to dispose of its stake in the Suncorp Balanced Property Fund as part of a restructure of its property holdings designed to reduce the proportion of...

Over the past five years, the acquisition by banks and insurance companies of independent financial planning groups has become common market activity. These acquisitions ...

Geoff Rimmer is not your typical managing director. Sure he has the towering sky-scraper office building in Sydney’s CBD, a keen business sense and good head for figures....

The Bank of New Zealand has for the first time ever taken out the FundSource Fund Manager of the Year Awards and has also taken out the top award for international shares...

It’s been almost a year since Mercantile Mutual changed its name to ING and acquired a new managing director, John Wylie. During that time, the company has made a splash ...

There is a future role for advisers specialising in risk products as many financial planners do not sell risk products, this creates opportunities for risk advisers to be...

The Commonwealth Bank’s head of Australian Financial Services, John Mulcahy, is likely to become the next chief executive of the St George Bank, according to a report by ...

ABN Amro Morgans has beat out a number of other advisory and wealth management groups to become the financial planning partner to the Bank of Queensland....

Fund managers in New Zealand are busily sniffing around financial planning firms looking to buy distribution for their products with AXA leading the moves, openly walking...

The financial services industry has little to fear from the re-election of a Howard Liberal Government notwithstanding the fact that the Minister for Financial Services, ...