Westpac has announced that it has entered into a heads of agreement to shift its superannuation business to Mercer.
The company said it had entered into a heads of agreement with Mercer to merge, through a successor funds transfer, BTY’s personal and corporate superannuation funds with Mercer Super Trust.
Quality books of financial planning clients are now selling for up to seven times earnings as advisers look to push their client lists further towards those who are predominantly high net worth.
At the same time as the mid-tier licensees are competing to attract profitable advice practices, the advice practices…
Superannuation funds could be stung for millions of dollars to meet the regulator’s data collection needs.
ASIC’s new consultation paper on LEI has stressed increased push for global regulatory harmony.
Just days after the election, the latest APRA data have drawn a stark picture of the impact of superannuation early release.
Some younger financial advisers may have never experienced an inflationary environment, according to Gryphon Capital.
Investment dividends have hit a new record in Australia recovering well beyond pre-pandemic levels.
The compelling data around the growing life insurance gap should be enough to see the Government endorse the LIF.