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Showing 1 - 10 of 4160 results for "Financial advisers"

FSC expands financial advice membership

KARREN VERGARA  |  WEDNESDAY, 24 APR 2024
... pivotal time for the financial advice profession, I look forward to contributing the experience and insights of financial advisers and licensees to the FSC's policy development, to help deliver a more efficient regulatory framework for financial advisers ...

Fortnum, PFS launch parent company

KARREN VERGARA  |  MONDAY, 22 APR 2024
... equity both businesses have built over many years." Entireti now employs over 55 staff and services about 400 financial advisers nationally. Its advice businesses collectively oversee more than $30 billion in FUA on behalf of over 60,000 clients. "The ...

Macquarie Bank to pay $10m for unauthorised fee transactions

ELIZA BAVIN  |  MONDAY, 22 APR 2024
... effective controls to prevent and detect unauthorised fee transactions conducted by third parties, such as financial advisers, on customer cash management accounts. ASIC chair Joe Longo said fraud controls were increasingly important and the case against ...

Court approves $16m DASS settlement

KARREN VERGARA  |  FRIDAY, 19 APR 2024
... Parent company of the now-defunct DASS, E&P Financial Group, did not admit any liability, which alleged that financial advisers, when they were operating under DASS, gave bad advice that did not consider clients' particular needs or entire financial ...

Adviser numbers plateau

KARREN VERGARA  |  THURSDAY, 18 APR 2024
The number of financial advisers in Australia appears to be stabilising at 15,602, as Count and AMP Financial Planning continue to hold the lion's share. Rainmaker's analysis of the ASIC Financial Adviser Register (FAR) shows that the population ...

AMP North adviser inflows rise 22%

ANDREW MCKEAN  |  THURSDAY, 18 APR 2024
AMP North inflows from independent financial advisers (IFAs) increased 22% as its platforms business' assets under management (AUM) increased to $74.3 billion. In a quarterly business update, AMP reported that net cash inflows to platforms increased ...

Praemium loses $700m due to adviser transitions

ELIZA BAVIN  |  THURSDAY, 18 APR 2024
Praemium is feeling the pressure from financial advisers moving advice groups and transitioning their clients away from Powerwrap. In its March quarterly update, Praemium chief executive Anthony Wamsteker said the Powerwrap scheme experienced $53 million ...

Two Brisbane advice firms merge

KARREN VERGARA  |  WEDNESDAY, 17 APR 2024
... chief executive and co-founder Greg Cook and general manager Sally Bell. It will employ 32 people including 14 financial advisers across five locations. The firms will trade under both EWM and Blue Harbour in the short term. Cook said the deal unites ...

Financial advice exodus has 'bottomed out': ClearView

ELIZA BAVIN  |  WEDNESDAY, 17 APR 2024
... the government's favourable response to the Quality of Advice Review. "Recent data indicates the exodus of financial advisers has 'bottomed out'. The government's recent favourable response to the Quality of Advice Review is expected to provide strong ...

Betashares plans to launch first 'moderately geared' ETFs

ANDREW MCKEAN  |  TUESDAY, 16 APR 2024
... borrow in their own capacity. "The two new funds represent a unique way for Australian investors and their financial advisers to seek to increase their market exposure, where the investor is comfortable with the higher risks associated with gearing." ...
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