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| | | Futuro Financial Services has ended its partnership with AMP after seven years, becoming 100% privately-owned again. AMP acquired a 10% stake in Futuro in 2012 with the intention of taking full ownership by 2017. However, both parties agreed to end ... |
| | | | A former member of Macquarie's insto equities sales team is launching a new platform which ultimately aims to offer a Netflix-style shopping experience to financial advisers and clients. Forum 360 has been working for two years to build the prototype ... |
| | | | The Royal Commission's recommendations to cull commissions are causing advisers some concern, according to Synchron director Don Trapnell. On Monday, Commissioner Kenneth Hayne formally recommended an end to grandfathered commissions, and asked government ... |
| | | | Platforms at the big four banks, AMP and IOOF can breathe a sigh of relief after the Royal Commission's final report. Commissioner Kenneth Hayne did not recommend either structural separation or wider approved product lists. And this could slow ... |
| | | | A refreshed user interface, a new coach avatar and new retirement planning options have been rolled out to VicSuper members after the fund updated its Beeline digital guidance and advice tool. The update means VicSuper members now have a new mix of ... |
| | | | A $45 billion multi-boutique founded by a former Natixis deputy chief executive is heading down under to win super fund mandates and to potentially buy Australian boutiques. iM Global Partner takes minority, non-controlling stakes in small asset managers ... |
| | | | Sydney's HNWI community is set to welcome its latest member, after a woman suddenly became $107 million richer. A mother in her 40s will rocket into Sydney's high net-worth individual set, after she took out the division one prize in Thursday's $100 ... |
| | | | Vanguard founder John Bogle has passed away at the age of 89. The investment legend who introduced the first index mutual fund for investors, died today in Bryn Mawr, Pennsylvania. Vanguard chief executive Tim Buckley paid tribute to Bogle, and said ... |
| | | | HUB24 has signed on two national advice businesses, as its total funds under management crossed the $10 billion mark. Brisbane-based licensee AdviceIQ Partners brings 31 registered planners to HUB24's platform. The licensee has added 10 planners ... |
| | | | The Financial Adviser Standards and Ethics Authority released draft legislation for the adviser examination, including what it will cost to sit the assessment. Following consultation, FASEA has determined the exam will be a 3.5 hour supervised test ... |
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