
Insignia Financial’s MLC Expand platform has thrown down the gauntlet on fees, announcing reductions of around 25%.
Australian investors are more loyal to their primary wealth advisers than their global peers, but not that loyal says EY.
An unpaid AFCA determination relating to investments in 2022 has resulted in the CSLR paying out $267,235 resulting in an AFSL cancellation
Industry funds group, the Super Members Council, has backed ASIC’s proposals to publish IDR data likening it to the super performance test.
Westpac-owned platform Asgard has written to advisers flagging some hefty rises in premiums across salary continuance, trauma and TPD.
Industry funds are being viewed as winners out of the DBFO legislation yet new analysis shows they are employing fewer advisers.
The sceptics may be writing off a PE acquisition of Insignia Financial but Morningstar believes it is still an each way bet.
Bain Capital has fallen out of the PE race to acquire Insignia Financial leaving CC Capital the player likely to make a binding offer.