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Showing 2651 - 2660 of 9818 results for "Advisers"

ANZ advisers launch advice boutique

KANIKA SOOD  |  WEDNESDAY, 2 SEP 2020
Four former staff of ANZ's financial planning business have started a new advice firm in Melbourne. Park Lane Advice Group in Melbourne's Cheltenham suburb is licensed via IOOF-owned Millennium 3 Financial Services. It was founded by Evguenia Rutkowski ...

AMP reviews business units

ELIZA BAVIN  |  WEDNESDAY, 2 SEP 2020
... clients," AMP said. Credit Suisse, Goldman Sachs and law firm King & Wood Mallesons have been appointed as AMP's advisers to help manage the review. AMP chair Debra Hazelton said: "The board believes that AMP has high-quality businesses with significant ...

AMP does not treat advisers fairly: Poll

ELIZABETH MCARTHUR  |  TUESDAY, 1 SEP 2020
A new poll has revealed widespread disappointment in AMP's treatment of its aligned financial advisers in renegotiating Buyer of Last Resort (BOLR) agreements. Financial Standard polled roughly 250 people in the financial services industry, asking them ...

Advice group flees MLC after IOOF takeover

ANNABELLE DICKSON  |  TUESDAY, 1 SEP 2020
... IOOF to acquire MLC's advice business will see the creation of Australia's biggest advice business by number of advisers at 1884. HFM & Partners managing director Scott Haywood said being part of the biggest group of advisers was one of the main ...

COVID-19 propels advisers, incumbents into the future

ALLY SELBY  |  MONDAY, 31 AUG 2020
... digital transformation into less than two months, but finds that partnerships, innovation and agility will be key for both advisers and institutions to survive and thrive going forward. The report by Israeli-based fintech and insuretech innovation hub ...

Robinhood effect steers share market

KARREN VERGARA  |  MONDAY, 31 AUG 2020
... markets, and pushing some indices such as the S&P500 Index, to record highs. Lee told the recent Stockbrokers and Financial Advisers Association Virtual Conference of her experience as a Robinhood investor with just $500 back in the day. Not knowing ...

IOOF posts profit, restructures business

ELIZA BAVIN  |  MONDAY, 31 AUG 2020
... while presenting the company's FY20 results. "FSP was on the smaller side in terms of our licensees and we will support advisers in their transition to another licensee." Mota said IOOF remains committed to the multi-brand, multi-AFSL business and the ...

IOOF buys MLC Wealth for $1.4bn

ELIZA BAVIN  |  MONDAY, 31 AUG 2020
... wealth manager in terms of funds under management (FUM) totalling $510 billion, the largest advice business with 1884 advisers and the second biggest super provide with funds under administration at $173 billion. Mota said scale will be critical for ...

Advice disciplinary body delayed

KARREN VERGARA  |  FRIDAY, 28 AUG 2020
Financial advisers will have to wait until June 2021 for the long-awaited disciplinary body that is purported to professionalise the industry. Assistant Minister for Superannuation, Financial Services and Financial Technology, Senator Jane Hume flagged ...

Challenges on the horizon for CountPlus

ANNABELLE DICKSON  |  FRIDAY, 28 AUG 2020
... client centric advice model takes place," he said. After buying back Count Financial from Commonwealth Bank last year, 101 advisers left. However, over the same period a further 46 advisers came on board. Of the 101 advisers that left 54 retired or ceased ...