Global research and ratings house Morningstar has acquired the United Kingdom and international business of Australian-founded technology firm Praemium.
Morningstar announced overnight that it had acquired Praemium’s operations in the UK, Jersey, Hong Kong and Dubai for 35 million pounds.
The announcement said Morningstar intended to rename the Praemium as…
In the last week of the financial year a further 126 financial advisers have exited the Financial Adviser Register (FAR) with the expectation being that there are more exits to come as data reaches the Australian Securities and Investments Commission (ASIC).
And according to analysis conducted by WealthData principal, Colin…
The regulatory environment around financial planning has made it so unattractive that it has virtually stalled investment in the sector.
The four major global forces “Four D’s” impacting markets will be demographics, debt, deglobalisation and disruptive technologies.
After Fiducian acquired People’s Choice Credit Union’s financial planning business in 2022, they’ve welcomed 16 new financial planners.
Mercer Financial Planning has been hit with fee for no services charges initiated by ASIC.
The annual Lowy Institute survey revealed more Australians are in favour of policies and targets to tackle climate change issues.