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Showing 411 - 420 of 830 results for "Advice Business"

Fiducian acquires Perth financial planning firm

KANIKA SOOD  |  MONDAY, 3 DEC 2018
The ASX-listed wealth and advice business is acquiring a Perth-based financial planning business that advises about $73 million of client money. Fiducian Group is spending $1.66 million on the acquisition component of the deal, funded from cash. Once ...

Royal Commission hits Westpac cash earnings

JAMIE WILLIAMSON  |  MONDAY, 5 NOV 2018
... The result was partly offset by margin compression from price reductions and lower revenue from its financial advice business, BTFG said. Meanwhile, BT Panorama continued to grow with the number of registered investors doubling to more than 23,000 on ...

Advisers choose their own journey on BT hub

DARREN SNYDER  |  FRIDAY, 2 NOV 2018
The ability to select adviser services on an as needed basis will be the key ingredient to growth in BT Financial Group's newly-launched adviser hub. Commencing this week and first flagged in July, BT Open Services is a financial adviser hub set ...

AMP divests life business

DARREN SNYDER  |  THURSDAY, 25 OCT 2018
... standalone basis. The IPO would release capital to AMP and create a standalone New Zealand wealth management and advice business," AMP said. Additionally, AMP has entered into a binding reinsurance agreement with Swiss Re for the New Zealand retail wealth ...

Australian Unity adds new research lead

JAMIE WILLIAMSON  |  WEDNESDAY, 24 OCT 2018
Australian Unity appointed a new head of research services for its financial advice business. Having served as a senior portfolio manager within Australian Unity's investment team, Ian Holliday will step into the new role on 1 November. He replaces ...

Adviser, Practice of the Year named

JAMIE WILLIAMSON  |  SATURDAY, 13 OCT 2018
The AFA Adviser and Practice of the Year have been announced at a gala dinner on the Gold Coast. As is tradition, the Association of Financial Advisers capped off its annual National Adviser Conference with the presentation of its most highly coveted ...

Royal Commission an opportunity: Anderson

JAMIE WILLIAMSON  |  THURSDAY, 11 OCT 2018
Financial advice businesses must use the Royal Commission as an opportunity to reflect on whether they have an acceptable culture and right approach to risk management. Speaking as part of a panel session at the Association of Financial Advisers' National ...

Can Hollywood turn advice mainstream?

MICHELLE BALTAZAR  |  THURSDAY, 11 OCT 2018
... "Start with two clients. Give them the celebrity treatment and that will start to build a new culture [within your advice business]. Then the next day, do it for two clients, and so on," he said. "That's how you fill the celebrity service gap." "I ...

Scale integral to adviser success

JAMIE WILLIAMSON  |  TUESDAY, 9 OCT 2018
... scale. That is the view of Fortnum Private Wealth, believing the increasingly challenging nature of running an advice business will give rise to advice collectives to ensure profitability and sustainability, and contribute to the creation of new operating ...

CBA to refund dead customers, grandfathered commissions

JAMIE WILLIAMSON  |  TUESDAY, 9 OCT 2018
... their ongoing service arrangements on a biennial basis. CBA said it has now spent about $580 million improving its advice business in the last six years, including $270 million in remediation for poor advice and wrongfully charged fees.