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| | | Goldman Sachs selected its new class of managing directors, promoting four members of its Australian team and an additional three Australians working offshore. Head of financial sponsors Tim Freeman, financial institutions banker Phillipe Perzi, head ... |
| | | | A former BBY financial adviser has been banned for 10 years, while an ex-CBA adviser pleaded guilty to forging client documents, corporate regulator ASIC said. ASIC banned Perth-based Sergio Nicolo Belardo, a former authorised representative of stockbroking ... |
| | | | A fintech business offering a commission-free flat-fee ASX brokerage service has opened its initial public offering, aiming to raise up to $7.5 million. SelfWealth (ASX:SWF) will issue 37.5 million shares at 20c per share and anticipates market capitalisation ... |
| | | | ... arrangements for the Australian Financial Complaints Authority (AFCA). AFCA, expected to operate as of 1 July 2018, is a free, fast and binding dispute resolution service for consumers and small businesses. "AFCA is a landmark reform that will overhaul ... |
| | | | A $14 billion superannuation fund consolidated its member support and financial planning teams, creating an executive officer, member engagement role to lead the new division. Equipsuper has brought all of its contact and advice teams under one umbrella ... |
| | | | ... three or four year period, this equates to rate of decline of 12% to 13% per annum. As more advisers move into a "conflict-free advice model", it would lead to two important benefits: pricing decreases for customers, and the sooner conflict is taken ... |
| | | | New South Wales Treasury Corporation and Sunsuper have purchased significant stakes in two UK regional airports after striking a deal with a large Canadian pension fund. The Ontario Teachers' Pension Plan (OTPP) sold 30% of its stakes in Bristol Airport ... |
| | | | ... founder David Pettit. The app, which aggregates different accounts to paint a holistic snapshot or a 'welfie' of finances, is a free online tool that allows users to interact with chat bot FLIQ (Financial Literacy IQ) about financial matters ranging ... |
| | | | ... they allow us to produce quality advice on demand and bring the cost down to nothing," he said. The basic option provides free budgeting analysis, tax, investment and super recommendation, and life insurance review. The full digitised adviser option ... |
| | | | ... Global Income Trust (AIB) and HHY, Aurora closed the takeover bid on October 13. The terms of the bid, which was declared free of defeating conditions on October 6, were that the net asset value of HHY unitholders' units would equal the NAV of the Aurora ... |
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