Industry
Secret report fuels adviser exodus at Godfrey Pembroke
Advisers at one of the country’s most respected licensees are leaving in droves, aided by a private report assessing the marketplace that was delivered in August.
Industry
Industry
Vigilant practices can buck the low-valuation trend
Creating robust risk management and continuous compliance cultures and systems is how advice practices can maintain and increase their value, even as other firms sell at a discount.
Industry
Advisers not pre-empting commissions ban
While the big banks have committed to getting rid of grandfathered commissions, a Professional Planner poll shows the broader market is reluctant to follow them. Tahn Sharpe writes.
Industry
IOOF splits super trustees from funds
IOOF has named a chair and acting chief, and split its super trustee business from its funds management operations as part of a sweeping action plan drawn up with APRA.
Industry
All eyes on ANZ deal as IOOF top brass face super ban
Since news of the multiple APRA actions on Friday, ANZ said it was “assessing its options” in relation to its October 2017 sale of OnePath Pensions and Investments business to IOOF.
Industry
Building a better product
Product design is not easy but if advisers and funds researchers, as well as issuers, take responsibility for getting it right, everyone benefits.
Industry
Self-licensing trend a concern: Licensee heads
Licensee heads speaking on a panel in Sydney have questioned the timing and motivation of advisers who are thinking of licensing themselves.
Industry
OSAs could be on the chopping block
A prominent financial services lawyer has questioned ongoing service agreements and warned that current contracting and remuneration models may be up for change.