ASX mFund yet to attract major brokersBY JAMES FERNYHOUGH | MONDAY, 22 SEP 2014 11:05AM
Four months on from the launch of the ASX's managed fund settlement service mFund, the big bank-owned brokers are showing little sign that they will join the venture.Read more: ASX, Brett Jollie, CommSec, Investment, Aberdeen Asset Management Australia, Arnie Selvarajah, Australia, Bell Direct, Marcus Christoe, Nabtrade, Trade, Westpac Online, ANZ, August, E, Financial Standard, Investment Trends, May, mFund mid-August, October
A former Australian Wallabies captain will lead Stockspot's new partnership strategy on a consultative basis, with financial advisers and accountants firmly in his sights.
A Royal Commission into the financial services sector is unnecessary given the amount of substantial reforms and remediation the industry has already undertaken, the Financial Services Council said.
While the financial services industry has taken commendable steps in restoring consumers' trust and confidence, it is still not free from the threat of a public inquiry like the banking sector is currently facing.
A former National Australia Bank executive has joined Equity Trustees as its new general manager of charitable trusts and philanthropy.
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