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| | New research finds that 75% of Australians earning $120,000 or less per annum feel financially confident with the help of a financial adviser compared to those who aren't advised. The survey of more than 1000 respondents canvassed by the Financial Planning ... |
| | | A former financial adviser who took more than $10 million from clients to fund his lavish lifestyle will spend the next 10 years in jail. Judge Wraight sentenced Terence Rio Nugara to nine years and 11 months imprisonment at the Victoria County Court ... |
| | | AZ NGA will acquire an undisclosed stake in a Western Australian practice that has $1 billion in funds under advice. The Wealth Designers (TWD) is the latest addition to AZ NGA's stable, joining member firms McKinley Plowman, Wealthwise, and On-Track ... |
| | | ... Bridges Financial Services continues to bleed advisers, losing nearly 20% of its authorised representatives this month, as parent company Insignia Financial ramps up its restructure. Twenty-three Bridges authorised representatives ceased on the ASIC ... |
| | | The government has unveiled its plan to overhaul the employment system in its newly released whitepaper, including encouraging older Australians to stay in the workforce by extending the work bonus and introducing a new skills passport. The Working ... |
| | | Close to 80% of local investors adjusted their investment strategy towards a more conservative approach in the last six months, according to HSBC's latest investor survey. The second iteration of the group's Investor Insights Survey found that ... |
| | | ... any new retail advised business, saying the decline in risk advisers has forced a strategic pivot. Integrity Group, the parent company of Integrity Life, said it undertook a review of the business' strategy, considering several options, and found ... |
| | | The federal government is consulting on proposed superannuation legislation that will enshrine an objective to "preserve savings to deliver income for a dignified retirement, alongside government support, in an equitable and sustainable way." The Superannuation ... |
| | | Libertas Financial Planning is in the process of liquidation, a decision made by parent company Sequoia Financial Group four years after it was acquired. Libertas' operations and customers will transfer to Interprac Financial Planning and Sequoia ... |
| | | Rest is closing its bonds and shares investment options to new members as of September 30. The $75 billion industry super fund said any request by existing members to switch funds into the bonds or shares options must be received by September 27. However ... |
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