Lowers sales through advice channels have helped contribute to life/risk new sales reaching a five year low, according to new data released by Dexx&r....

The burden of client remediation has made the date for National Australia Bank’s exit from its wealth management highly uncertain and it could be later than 2021....

GSFM has acquired a 49% stake in boutique equity specialist Redpoint Investment Management, creating a combined firm with over $17 billion in assets under management. ...

The Australian life insurance sector has never been more dominated by the big five life insurers but sales are decreasing, according to the latest data from Dexx&r....

Ruth Stringer has been appointed by Herbert Smith Freehills to its Australian financial services team in Sydney....

The Alphinity Global Equity Fund has been added to BT’s Panorama platform and is now available on the four platforms....

Life insurer MLC Life Insurance has hired Sean Williamson to focus on growth opportunities for group distribution....

UniSuper has announced the appointment of Anand Thomas as chief strategy and marketing officer, to lead the fund’s marketing, strategy, product and digital functions....

MLC Life Insurances has claimed a dramatic reduction in the time it takes for customers to receive cover....

Two of the major banks may have exited their wealth businesses and two more may be on their way out, but Mike Taylor writes that they have astutely kept the sweetest mors...

The banks would be compelled out of the wealth management industry and AMP would have to break up its operations under policy proposals flagged by the Australian Greens i...

National Australia Bank may have confirmed the exit of its chief executive and chairman but it has acknowledged it still does not know how much client remediation will co...

NAB chief executive, Andrew Thorburn, has defended some fees for no service charged by the bank as a “process issue” rather than dishonesty, as he came under fire at the ...

The financial planning landscape is facing a tectonic shift as the major banks look to exit their wealth management business, something underlined in Money Management’s l...