POWERED BY MOMENTUM MEDIA
MLC
Financial planning
IOOF’s acquisition of MLC Wealth has confirmed the multi-billion dollar exit of the major banks from wealth management in Australia at the same time as handing the firm s...
Financial planning
The announcement by IOOF regarding its anticipated acquisition of MLC’s Wealth management business, might see one of the biggest reshuffles across the industry in terms o...
Financial planning
Its official. IOOF will acquire MLC Wealth but will not carry remediation costs....
Financial planning
With private equity underwhelmed by wealth management, IOOF is speculated to make a key announcement on acquiring the MLC financial planning elements....
Features
Mike Taylor writes that less than 12 months out from the Australian Securities and Investments Commission’s review of the Life Insurance Framework, the Australian life in...
Financial planning
New data shows that financial planners are continuing to exit the industry but that the rate at which they are leaving is slower than for the same period last year....
Superannuation
Data analysis around the Government’s hardship early release superannuation regime has revealed that the ‘rivers of gold’ inflows generated by the superannuation guarante...
Life/Risk
The industry has an opportunity to reduce the cost of advice and to make the process more efficient and profitable for life/risk advisers, according to MLC....
Superannuation
Superannuation fund members returning to access the $10,000 second tranche of the Government’s hardship early release superannuation regime have dominated the latest Aust...
Financial planning
Although the industry continues to lose advisers, this week’s data from HFS Consulting has shown that the losses were lower compared year-on-year. ...
Superannuation
Superannuation fund executives have confirmed that the predicted second tranche early release superannuation surge has become a reality....
Superannuation
Just over $18 billion has already been taken from superannuation accounts via the Government’s hardship early release superannuation scheme and the Australian Prudential ...
Funds management
MLC customers are being charged 0.1% for non-NAB owned investments and 0.15% for ASX-listed investments, according to reports....
Superannuation
Big, highly-exposed superannuation funds continue to make the bulk of hardship, early release superannuation payments....
Financial planning
Financial advisers are likely to find themselves with fewer choices of investment platforms as the sector appears to be on the brink of a further round of consolidation....
Never miss the latest news and developments in wealth management industry
MARKET INSIGHTS
Podcast
Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...
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....