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Financial planning
The financial services division of the Promina group, Asteron, has begun a program to more closely align its Australian and New Zealand businesses....
Financial planning
Fund managers have delivered a strong rebuke to research groups who diversify into investment management, with over 80 per cent claiming the move creates serious conflict...
Financial planning
Lonsec has become the second research house to suspend ratings on most HSBC Asset Management Australia funds, following yesterday’s confirmation of its purchase by Challe...
Financial planning
Iris Financial Group has been confirmed as the new name for the breakaway dealer group of 22 RetireInvest planners from Victoria, as flagged by Money Management earlier t...
Financial planning
Small financial planning practices could be between $20,000 and $40,000 a year better off, after the peak association for boutique advisers signed an exclusive deal with ...
Financial planning
Colonial First State will not be renegotiating its exclusive distribution deal with 452 Capital from the position of strength it may have hoped for, following yesterday’s...
Financial planning
Challenger Financial Services Group has confirmed it is in discussions with HSBC to acquire HSBC Asset Management (Australia), as first flagged by Money Management yester...
Financial planning
The chief executive of HSBC Asset Management (Australia), Barry Sheehan, has not denied speculation that the business has been sold to Challenger Financial Services....
Rate the raters
The power of research houses is highlighted by the recent decision of UBS to no longer allow its funds to be rated by van Eyk, which it sees as a competitor....
Financial planning
Perpetual has managed to retain the lions’ share of $2 billion in international funds previously invested by Fidelity Investments, after it was given the go-ahead last we...
Financial planning
Van Eyk Research managing director Stephen van Eyk has taken the group’s highly-public dispute with UBS Global Asset Management to the Swiss manager’s global headquarters...
Financial planning
A planned crackdown of advisers in the lead up to super choice has been put into question by new survey findings, which show the majority of clients are satisfied with th...
Financial planning
You would expect big dealer groups to dominate any list of the fastest growing businesses in financial planning where the results - like ours - are based on growth in adv...
Financial planning
The widely anticipated acquisition of St. George-owned Assirt Research by Standard and Poor’s was given a mixed reception by the market last week with opinions on the dea...
Financial planning
The Commonwealth Bank of Australia has moved to fence off its exclusive right over the retail distribution of 452 Capital, revealing yesterday that it was negotiating to ...
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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...