The latest issue of Financial Standard now available as an e-newspaper
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|The AMP- AXA tie up has edged closer to completion with the three main parties (AMP, AXA APH and AXA SA) signing binding merger transaction agreements today. The transaction documents set out the key commercial terms to allow the merger of AMP and AXA ...|
|Dennis Jones, Charles Badenach and Stephen Priestley have been named this year's Financial Planning Association Value of Advice award winners. Jones, Badenach and Priestley were announced as winners of the awards respectively for wealth accumulation ...|
|WA-based planning firm Kingston Capital will transfer $200 million of investors' assets to Powerwrap, after signing a deal with the admin provider allowing Kingston to offer clients a separately managed account service. The agreement will enable Kingston ...|
|Towers Watson has been appointed as the principal investment consultant for the Military Superannuation and Benefits Scheme ('MilitarySuper'). "We welcome Towers Watson as a new service provider to MilitarySuper and look forward to their contribution ...|
|Bill Shorten, the Minister for Financial Services and Superannuation, has unveiled a new financial advisory panel to help with the Government's Future of Financial Advice reforms. "The Panel will play a key role in lifting the level of professional ...|
|Infocus Money Management will launch its new in-house client management system to close the gap between what Australians are willing to pay for advice and what it costs to provide. The financial planning network has developed a fully-integrated client ...|
|John Vafiadis, previously of Hobart, has been charged for running an advice business without an Australian Financial Services license. Vafiadis appeared in the Hobart Magistrates' Court charged with two counts of carrying on a financial services business ...|
|Aviva Investors has launched a new Separately Managed Account (SMA) service and is offering investors access to model portfolios based on two of its existing managed funds. The Aviva Investors Dividend Builder model portfolio has been developed for ...|
|The Securities and Exchange Commission is proposing new rules to strengthen the regulator's oversight of investment advisers. The SEC's proposed rules will implement provisions of the Dodd-Frank Wall Street Reform and Consumer Protection Act. This includes ...|
|Bob Jones, founding head of Goldman Sachs Asset Management global quantitative equity group in Australia, will be retiring from the firm at the end of the year, after 24 years with the company. S&P fund services subsequently confirmed that the ratings ...|
Munro Partners is introducing a global equities strategy to Canadian retail investors, after raising $1.5 billion in Canada since January 2019.
IFM Investors and Regal backed Spitfire has appointed administrators, as it looks to restructure the group after a shareholder reneged on promised funding.
Melbourne's Warakirri Asset Management has launched new retail funds from its freshly-minted partnership with Northcape Capital.
Synchron's general manager of legal, risk and compliance Michael Jones has resigned, with a new appointment to lead the dealer group's compliance.
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