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| | | Lifespan Financial Planning has launched 30 managed discretionary account model portfolios on BT Panorama. The portfolios will be available to Lifespan's advisers who use BT Panorama. Lifespan has over 250 advisers, the company said. The offering includes ... |
| | | | ... disclosure statements and renewal notice obligations for financial advice businesses in Victoria. The no-action applies to AFS licensees and representatives where their business is solely, or substantially, located in Victoria. Businesses that have otherwise ... |
| | | | A boutique administration services firm is expanding its back-office offering to include trustee, custody and escrow services. Intertrust Group has secured an AFSL that will enable it to provide additional fund services to asset managers, institutional ... |
| | | | A new trading platform has launched today, set to help Aussie investors trade over 2500 shares, LICS, REITs and ETFs with as little as a $100 investment and a flat $5 brokerage fee. Superhero, which its co-founder and chief executive John Winters says ... |
| | | | Following its acquisition of MLC and decision to restructure its licensees, IOOF has consolidated the leadership of its various dealer groups and announced another acquisition. Revealing the next phase of its Advice 2.0 strategy today, IOOF has restructured ... |
| | | | A former financial adviser based on the Sunshine Coast has been charged with 10 counts of fraud, totaling nearly $1 million. Brett Andrew Gordon faced Maroochydore Magistrates Court over the fraud charges following an extensive ASIC investigation. Gordon ... |
| | | | IOOF posted a net profit of $147 million for FY20, while also announcing a range of changes to its advice businesses as part of its advice transformation. IOOF announced its Bridges business will be transformed into a fully salaried network, while it ... |
| | | | 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 ... |
| | | | Many advised clients are sticking with their financial planners as COVID-19 tests the resilience of practices, according to Investment Trends. The latest study from the research house surveyed nearly 700 financial advisers in May at the height of the ... |
| | | | ASIC has commenced Federal Court proceedings against BT Funds Management and Asgard over fee-for-no-service conduct and making misleading representations in relation to the fees. It has also launched a similar case against StatePlus. ASIC alleges that ... |
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| | ALLY SELBY | 12:39PM The corporate watchdog's executive director of wealth management has nabbed a promotion and will now assume the role of ASIC's executive director of financial services. | ELIZA BAVIN | 12:08PM New research has identified that urgent short-term need for money is the main driver for people withdrawing their superannuation savings under the COVID-19 ERS scheme. | | | ELIZA BAVIN | 7:58AM Westpac has agreed to pay a civil penalty of $1.3 billion in relation to its contraventions of the anti-money laundering and counter terrorism laws. | JAMIE WILLIAMSON | 12:44PM Victorian Funds Management Corporation has welcomed a head of client and market development to its executive team. |
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