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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. ...
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. ...
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....
People & Products
The CEO of national advisory and wealth management firm, Fitzpatricks Private Wealth, will depart at the end of the month....
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...
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...
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?...
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....
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 ...
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...
Financial planning
AMP Limited has taken a major step in selling down its life businesses in transactions which will translate to $3.45 billion....
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....
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 ...
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....
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
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....