MLC has finalised a deal giving it 100 per cent ownership of a Hong Kong-based wealth management business for a purchase price of $148 million....
The success of a dealer group is often measured by adviser numbers. However, examining the assets of the dealer group – that is, the funds under advice and the productivi...
Australia is one of the top ten countries for creating high-net-worth individuals, with 134,000 of us now having investable assets of more than US$1 million excluding hom...
Centrestone Wealth Advisory Group has acquired the risk insurance practise of Garvan Financial Planning risk insurance representative Phil Dixon....
The financial services division of the Promina group will undergo an internal restructure as it looks to turn a tidy profit into a growth strategy for its adviser network...
Perpetual Trustees has been given the green light by Irish authorities to kick off its new Dublin-based global equities business, with the go-ahead coinciding with today’...
AXA Asia Pacific reported an 18 per cent rise in operating earnings (excluding health) to $354.2 million this morning, yet this failed to translate into higher margins wi...
The new chief of the St George bank’s financial planning network will aim to forge closer links between its 100-plus advisers and the bank’s retail banking arm....
ANZ chief executive John McFarlane has played down speculation he will expand the bank’s wealth management business through acquisitions in the near future, while announc...
Former Tower Life Australia managing director Ken Boag has joined Rice Walker Actuaries as a senior consultant....
Macquarie Financial Services has agreed to purchase the New Zealand financial planning business of accounting giant PricewaterhouseCoopers....
Tower-owned advice firm Bridges Financial Services has lost its chief executive Chris Wren following an executive make-over of the Trans-Tasman firm’s wealth management a...
AXA is preparing to boost the property related products it has on offer for advisers with both a domestic and international property fund in the pipeline at the group....
Tower’s decision to opt for a float of its wealth management arm instead of a trade sale was driven in part by a legacy agreement between its dealer group, Bridges Financ...
So shareholders lose a dividend plus have seen the erosion of value. Qantas decides to clawback remuneration from Alan ...
This is why I left my last position. There was no interest in giving the client quality time, it was all about bumping ...
So the Hayne Royal Commission has left us with this. What a sad day for the financial planning industry. Clearly most ...