The merger between Esencia and FMA Wealth will see FMA’s founder Frank MacDonagh taking senior advisory and board role at the expanded firm.
The regulatory regime around MISs has fallen short and needs upgrading to international best practice around RE independence.
It has been 18 months since Treasury published the submissions to the many financial services consultations it has initiated.
A new US$2.5 trillion active funds management house has been created via Nuveen’s acquisition of Schroders.