Featured Homepage Posts
NAB delays MLC Wealth divestiture
NAB has stretched out the timeline for the spinoff of its MLC Wealth business and has kept a trade sale on the table as an option. Tahn Sharpe reports.
Tahn SharpeFebruary 14, 2019
Featured Homepage Posts
Featured Homepage Posts
Royal commission costs tick over $500 million for AMP
The bank’s annual results also revealed net cash outflow of $3.968 billion from Australian wealth management, compared with $931 million net cash inflows the previous year.
Matthew Smith and Tahn SharpeFebruary 14, 2019
Featured Homepage Posts
Managed account conflicts of interest divide industry
Hayne’s benign take on the separation of product and advice left the door open for conflicts of interest in managed accounts to continue. Not everyone is convinced that this is a problem.
Tahn SharpeFebruary 13, 2019
Featured Homepage Posts
Gender lens in focus for Verve Super
Verve Super is taking a new approach to ethical investing by refusing to take a stake in companies that don’t have at least one woman board member and lobbying for others to follow.
Tahn SharpeFebruary 12, 2019
Featured Homepage Posts
‘Opex exemption’ loophole could remain open
Xplan subscription fees and sponsorship at conferences are among the common examples of opex payments product providers make to licensees, which may continue despite Hayne’s crackdown.
Matthew SmithFebruary 12, 2019
Featured Homepage Posts
HNW clients think just like us: UK academic
Herman Brodie is conducting a study on whether the big five personality traits are as common in wealthy people as they are to the rest of us. He hopes – and suspects – the answer is yes.
Tahn SharpeFebruary 11, 2019
Featured Homepage Posts
Crackdown on grandfathering, fees to feed billions into super
Hayne’s recommendation to end pre-FoFA commissions and fees-for-no-service could generate $3.7 billion in remediation and send $1.1 billion a year flowing back into super balances.
Tahn SharpeFebruary 7, 2019
Featured Homepage Posts
The truth about trust
To understand what the community expects of financial advisers, it's important to establish what key elements make up a trustful relationship.
Simon HoyleFebruary 7, 2019