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Financial Planning
Ignition Advice announces fintech partnership
ANNABELLE DICKSON  |  WEDNESDAY, 9 SEP 2020
Robo-advice provider Ignition Advice has launched a global partnership with Avaloq to broaden its distribution and bring scale to its client base.
Demand for advice rises
KARREN VERGARA  |  TUESDAY, 8 SEP 2020
The number of Australians seeking financial advice has doubled from five years ago, a new report finds.
AMP deed of release bars advisers joining class action
ELIZABETH MCARTHUR  |  MONDAY, 7 SEP 2020
AMP is allegedly handing departing financial advisers a contract with a clause in it that prohibits them from joining the current open class action.
ASIC drags Evans Dixon to court
KANIKA SOOD  |  FRIDAY, 4 SEP 2020
The corporate regulator started Federal Court proceedings against an Evans Dixon subsidiary over advice it provided, pushing down shares over 12% by noon.
Count Financial faces class action
ANNABELLE DICKSON  |  FRIDAY, 4 SEP 2020
Class action proceedings have been filed against Count Financial, a former subsidiary of Commonwealth Bank of Australia after contravening its obligations under the Corporations Act.
Technology can ease adviser red tape: Academic
KARREN VERGARA  |  THURSDAY, 3 SEP 2020
Digital innovation could be the answer to tackling product-choice confusion and reducing red tape in the financial advice sector, according to an academic.
ANZ advisers launch advice boutique
KANIKA SOOD  |  WEDNESDAY, 2 SEP 2020
Four former staff of ANZ's financial planning business have started a new advice firm in Melbourne.
AMP does not treat advisers fairly: Poll
ELIZABETH MCARTHUR  |  TUESDAY, 1 SEP 2020
A new poll has revealed widespread disappointment in AMP's treatment of its aligned financial advisers in renegotiating Buyer of Last Resort (BOLR) agreements.
Advice group flees MLC after IOOF takeover
ANNABELLE DICKSON  |  TUESDAY, 1 SEP 2020
HFM & Partners has made the decision to change its Australian financial services licence from MLC-owned GWM Adviser Services in light of the acquisition by IOOF.
COVID-19 propels advisers, incumbents into the future
ALLY SELBY  |  MONDAY, 31 AUG 2020
New global research reveals the COVID-19 pandemic has squeezed years of digital transformation into less than two months, but finds that partnerships, innovation and agility will be key for both advisers and institutions to survive and thrive going forward.
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