Financial Standard Comments - BT: product strength will defend market share BT, a major platform provider for Count Financial, today said it is confident its product business will stand on its merits and will not be harmed even though a key rival is buying its major client. https://www.financialstandard.com.au/feed/latest?story=12309745 Wed, 31 Aug 2011 14:13:58 +1000 Wed, 31 Aug 2011 14:13:58 +1000 en-AU Copyright 2026 Financial Standard 5 Comment by Right () And the tooth fairy agrees!!

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]]> Right () Wed, 31 Aug 2011 14:13:58 +1000 Comment by Alan () Well, the whales are out there gobbling up all the minnows and even other big fish.
I can just see in this brave new world of FOFA we are being forced into that before too long if you want any financial advice, assuming you can afford it, there will be liitle choice other than bank aligned practices.
With this purchase, merger, takeover, call it what you like, two big players, CBA and AMP will own one third of the total advisers in Australia.
I don't think this concentration of ownership is healthy and this current government just continues to regulate and penalise as if that's the only solution.

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]]> Alan () Wed, 31 Aug 2011 15:09:44 +1000