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| | | Advice practices licensed under AMP-owned Genesys Wealth are currently considering all options after the licensee announced yesterday that it would wind up. At the moment, 92 advice firms employing 188 advisers are licensed under Genesys, according ... |
| | | | ... netwealth, has paid out $3.8 million in fee rebates over the past three years to investors and super fund members. The figure includes $2.1 million paid out by the company in the last 12 months and netwealth expects rebates to increase in line with its ... |
| | | | One month's tick up in a single index is all it took for euro area financial markets to go loco. Yes Virginia, they've gone loco over reports that economic sentiment in the region's locomotive - Germany -- rebounded (big time) in November after falling ... |
| | | | ... services accounts for 11.5% of gross state product (GSP) and is the fastest growing state in Australia, while in Victoria the figure is 10.4% of GSP. FSC chief executive John Brogden said financial services industry was now larger than mining and manufacturing. ... |
| | | | The Australian market looks set to open higher after Wall Street fluctuated amid concern over Japan slipping back into recession. At 0645 AEST on Tuesday, the December share price index futures contract was up 11 points at 5,437. In local economic news ... |
| | | | Independence, the flexibility to build an approved product list and cheaper, more advanced technology and platforms are encouraging more advisers to leave large licensees and strike out on their own. The big four banks and AMP have collectively seen ... |
| | | | Promises, promises. The G20 gabfest has come... and gone, but were it not for the much-awaited "will he, won't he" - that is, will Tony "shirtfront" Vlad, won't he? - 'twas, for all intents, and purposes as sleepy as Brisbane is. Oh yeah, Australia ... |
| | | | The Australian market looks set to open higher after Wall Street finished mainly slightly higher. At 0815 AEST on Monday, the December share price index futures contract was up six points at 5,475. The Dow Jones Industrial Average lost 0.1 per cent ... |
| | | | Chi-X Australia has appointed Peter Warton as head of market operations. Warton joins from equity trading and market making firm Tibra, where he was global head of IT operations. He has 25 years' industry experience in roles related to software development ... |
| | | | ... licence; join an established dealer group; or partner with an advisory firm. "Many wrongly believe they have a lot of time to figure it out but what they don't realise is that there's more to it than just licensing. They may need to undertake additional ... |
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