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| | | ... McKay has over 25 years' experience in the financial services industry in corporate super, retail super, SMSF and adviser markets. Further, he has led high-performing teams in several disciplines, including sales, relationship management, and operations. ... |
| | | | ... amount will potentially become bigger. Together, the two financial years equate to $193 million or $12,500 per financial adviser. Philip Anderson, the general manager of policy, advocacy, and standards at the FAAA, said the actuarial report "paints an ... |
| | | | Insignia Financial reported a statutory net loss of $17 million in the first half amid its ongoing takeover discussions. The loss is an improvement on the prior corresponding period when it reported a statutory net loss of $50 million. Its underlying ... |
| | | | Former Melbourne financial adviser Bradley Grimm will continue to serve his sentence after failing to have his dishonesty conviction and prison term overturned. Grimm pleaded guilty to three counts of engaging in dishonest conduct whilst running a financial ... |
| | | | ... detect situations of family and domestic violence to provide support to the victims through engaging with their financial adviser or other professionals or offering alternative processes. "Just as life insurance has given millions of Australians peace ... |
| | | | Generation X and Millennials collectively drove about 85% of new self-managed superannuation fund (SMSF) establishments for the six months to 31 December 2024, according to a new report from Class. The total value of the net assets administered on Class ... |
| | | | Future Generation has appointed its first chief investment officer from Perpetual. The philanthropic investment group has appointed former Perpetual head of private wealth Lee Hopperton. Hopperton will advise Future Generation's Investment Committees ... |
| | | | Challenger has reported a normalised net profit after tax (NPAT) of $225 million, up 12%, driven by higher earnings across its retirement income brand, Life, and its funds management division, according to its first-half 2025 results announcement. The ... |
| | | | AMP chief executive Alexis George has told Financial Standard that the company's 2024 financial year results were strong, despite its share price being caned since the announcement. George said that wealth business flows, excluding its bank, have ... |
| | | | ... of advice practices struggle with each year is the ongoing fee consent," Peker told Financial Standard. If the average adviser has 110 clients, for example, nearly 600 fee consents must be processed. "That takes a lot of time. HUB24 is an example of ... |
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