WEALTH

People & Products

Former Goldman Sachs managing director, Andrew Rennie, would bring his 30 years of experience in financial services to his new role as chairman of the AreaWealth board. ...

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People & Products

Former global head of financial planning and analysis, James Raby, will take over as BlackRock’s head of wealth for the Asia Pacific region. ...

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Financial planning

High net worth investors have decreased to 625,000 in 2022, according to a financial research firm, but their total assets have increased to $2.8 trillion....

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People & Products

The CEO of national advisory and wealth management firm, Fitzpatricks Private Wealth, will depart at the end of the month....

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Financial planning

Women are accumulating less than three quarters of the wealth of men at the point of retirement, according to research, with the disparity increasing with career seniorit...

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Funds management

Improved performance and acquisitions are among Magellan’s priorities as it targets achieving more than $100 billion in the next five years and seeks to be the partner of...

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Financial planning

The Ray White Group’s eight-year battle to break into the Australian financial advice market is over. How did it ultimately fail after so many years trying to succeed?...

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Financial planning

As wages stagnate, Australia’s 1% has more than double the wealth of the bottom 50%, controlling 22.2% of the nation’s wealth....

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Financial planning

The entry of the banks and the end of mutual structures in the Australian wealth and insurance sectors has been a disaster which may be capable of repair by returning to ...

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Features

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...

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Financial planning

AMP Limited has taken a major step in selling down its life businesses in transactions which will translate to $3.45 billion....

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Funds management

BT Panorama has added the ARCO Absolute Return Fund to the platform, providing more advisers and clients with access to the manager’s 10-year track record....

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Financial planning

Younger Australians are showing surprising levels of concern about retirement, with Roy Morgan finding that Generation Z is the most likely to ask friends and family for ...

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Financial planning

The Commonwealth Bank is the most popular bank amongst the wealthiest 10 per cent of Australians, being the bank of choice for 36.7 per cent of those customers....

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Financial planning

While Australian wealth is growing faster than debt, with Roy Morgan finding average net wealth was 30.5 per cent higher in 2017 than in 2007, the rich are getting richer...

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MARKET INSIGHTS

Interesting. Would be good to know the details of the StrategyOne deal....

3 days 15 hours ago

It’s astonishing to see the FAAA now pushing for more advisers by courting "career changers" and international recruits,...

3 weeks 1 day ago

increased professionalism within the industry - shouldn't that say, FAR register almost halving in the last 24 months he...

4 weeks 1 day ago

Insignia Financial has made four appointments, including three who have joined from TAL, to lead strategy and innovation in its retirement solutions for the MLC brand....

2 weeks 3 days ago

A former Brisbane financial adviser has been charged with 26 counts of dishonest conduct regarding a failure to disclose he would receive substantial commission payments ...

2 days 13 hours ago

Pinnacle Investment Management has announced it will acquire strategic interests in two international fund managers for $142 million....

1 day 16 hours ago