LOSS

Life/Risk

Individual disability income insurance as the worst hit risk product at a loss of $1.4 billion over the year to March 2020, according to data. ...

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Funds management

The firm is reviewing staffing levels, senior management salaries, and directors’ fees as a result of the COVID-19 pandemic....

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Financial planning

Westpac has taken a 24 per cent hit to its first-half profit as it continues to accommodate hefty remediation costs and the exit of its financial planning businesses....

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Funds management

Fractional property investment platform DomaCom has reported a loss of $6.1 million for the financial year to 30 June....

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Features

The Australian life/risk sector is facing a fundamental reshaping as advisers move beyond the LIF and banks consider their return on investment, Mike Taylor finds....

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Financial planning

Yellow Brick Road reported losses for its consolidated entity as well as its EBITDA after announcing a shift to a franchise model earlier this month....

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MARKET INSIGHTS

This verdict highlights something deeply wrong and rotten at the heart of the FSCP. We are witnessing a heavy-handed, op...

1 hour ago

Interesting. Would be good to know the details of the StrategyOne deal....

4 days 6 hours ago

It’s astonishing to see the FAAA now pushing for more advisers by courting "career changers" and international recruits,...

3 weeks 2 days ago

Insignia Financial has made four appointments, including three who have joined from TAL, to lead strategy and innovation in its retirement solutions for the MLC brand....

2 weeks 4 days ago

A former Brisbane financial adviser has been charged with 26 counts of dishonest conduct regarding a failure to disclose he would receive substantial commission payments ...

3 days 4 hours ago

Pinnacle Investment Management has announced it will acquire strategic interests in two international fund managers for $142 million....

2 days 7 hours ago