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AMPFPA action progresses, associations mergeBY JAMIE WILLIAMSON | WEDNESDAY, 12 FEB 2020 12:36PM
The AMP Financial Planners Association is anticipating a class action to be filed on behalf of its members later this month, as it gears up to merge with the Hillross Advisers Association.
Read more: FPA, AMPFPA, Hillross Advisers Association, AMP Financial Planners Association, Corrs, AFA, Finance Sector Union, Financial Standard, High Court, Neil Macdonald, Small Business Ombudsman
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A former financial adviser and licensee director has been sentenced to six years' imprisonment for misappropriating close to $2 million for his own use.
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Pinnacle Investment Management's 16 affiliates tallied up only $3 billion in net inflows in FY20 as institutional allocators deferred mandate decisions in COVID-19 but the firm managed to grow NPAT by 5.6% to $32.2 million.
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ASX-listed trading platform SelfWealth has renewed its clearing, settlement and execution (CS&E) mandate with retail broker OpenMarkets, in a move that it says demonstrates the two fintech's shared objective of disrupting the status quo.
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The self-managed super fund administration and software provider has appointed two new technology leads, set to help Class continue to grow and innovate.
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