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MERGERS AND ACQUISITIONS
Financial planning
The AMP General Insurance Distribution business recently acquired by Suncorp will remain as a standalone subsidiary, allowing it to operate at arm's length and better acc...
Financial planning
The AMP General Insurance Distribution business recently acquired by Suncorp will remain as a standalone subsidiary, allowing it to operate at arm's length and better acc...
Financial planning
Bendigo and Adelaide Bank will acquire the local subsidiary of Bank of Cyprus, Bank of Cyprus Australia, for around $140 million....
Financial planning
Australian Financial Services (AFS) will not be looking at a change of ownership or a move towards public listing in the near future, according to AFS managing director P...
Financial planning
Financial advisers looking to sell books of lower value clients due to Future of Financial Advice changes should first look at other options such as reducing the cost of ...
Financial planning
The merger between The Rock Building Society (Rock) and MyState Limited has now been implemented, with all shares in Rock transferred to MyState and the appointment of ne...
Financial planning
Japanese bank takes minority interest in AMP Capital Holdings in AMP Capital Investors Japanese distribution alliance....
Financial planning
Industry consolidation, particularly involving large dealer groups, has the potential to shift large volumes of funds under management from current investment platforms i...
People & Products
FMD Financial has announced its successful merger with FMD Group member Reynolds Williams and Associates and the appointment of former Perpetual Private Wealth executive ...
Financial planning
Van Eyk has acquired financial services consulting firm the Encore Group for an undisclosed sum....
Life/Risk
Suncorp has purchased AMP's General Insurance Distribution (AMP GID), securing the business for Suncorp for the long term, the two groups announced today....
Financial planning
The current round of reforms attempt to manage conflicts of interest in the industry, but they won't be eliminated unless there is a structural separation of product and ...
Financial planning
MLC has recruited from AXA again, adding three more members to its retirement solutions team....
Policy & Regulation
Non-aligned dealer group Capstone has welcomed a post-Future of Financial Advice (FOFA) world and has announced the recruitment of eight new financial planning practices....
Financial planning
The Supreme Court of New South Wales has approved the Commonwealth Bank's acquisition of Count Financial....
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MARKET INSIGHTS
Podcast
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...