RESULTS

Financial planning

Negative market movements led to a 53% decline in quarterly net inflows for Praemium in the June quarter....

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Financial planning

Over 14,850 have now passed the exam, almost three-quarters of the advisers on the Financial Adviser Register. ...

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Financial planning

Fewer provisions and the success of new strategies has seen Westpac post a solid first half....

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Financial planning

The bank has created a new division that will encompass its wealth platforms, superannuation and retirement products, investments, general and life insurance, and auto fi...

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Funds management

The platform provider has posted a net loss despite a 20% increase in funds under administration during the first half of FY20....

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Funds management

The fund manager’s funds management soared 29% to $92.8 billion over the year to 31 December, 2019....

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Superannuation

The firm’s client numbers have taken a hit off the back of legacy issues and five years of mergers and acquisition....

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Funds management

Challenger has announced a reshape of its business, with stronger direct engagement with prospective customers and increased support for advisers....

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Policy & Regulation

The Financial Adviser Standards and Ethics Authority has released its June exam results, from the inaugural financial advisers exam, with 90 per cent of candidates passin...

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Financial planning

Half-year major bank result analysis by Deloitte shows the banks are still struggling to make growth against the headwinds....

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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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Financial planning

Fund administrator, Mainstream Group Holdings, has posted an 11 per cent growth in funds under administration, on prior quarter....

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Policy & Regulation

ANZ’s full-year cash profit has taken a hit as it seeks to move beyond wealth remediation and costs associated with the Royal Commission....

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Funds management

Antipodes Global Investment Company (APL) has declared its maiden dividend of five cents per share, 50 per cent franked....

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Life/Risk

Personal insolvencies in the March quarter 2018 rose a slight 0.1 per cent on the same quarter in 2017 to 7,910....

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MARKET INSIGHTS

GG

So shareholders lose a dividend plus have seen the erosion of value. Qantas decides to clawback remuneration from Alan ...

2 months 1 week ago
Denise Baker

This is why I left my last position. There was no interest in giving the client quality time, it was all about bumping ...

2 months 1 week ago
gonski

So the Hayne Royal Commission has left us with this. What a sad day for the financial planning industry. Clearly most ...

2 months 1 week ago

A Sydney-based financial adviser has been banned from providing financial services in the interest of consumer protection after failing to act on conduct concerns. ...

3 weeks 3 days ago

ASIC has cancelled the AFSL of a $250 million Sydney fund manager, one of two AFSL cancellations announced by the corporate regulator....

3 weeks 1 day ago

Having divested its advice business in August, AMP is undergoing restructuring in at least four other departments amid a cost simplification program....

2 weeks 5 days ago