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03 January 2013 • By • 1 min read

UK FOFA equivalent takes effect

Banks warn of adviser job cutsReforms mirroring the Australian Future of Financial Advice (FOFA) legislation took effect in the UK on 31 December ...

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Holistic advice practices will weather market volatility

Better returns for advisers that look beyond investmentPractices that are able to provide holistic advice will withstand the challenges of a volatile ...

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Mariner extends takeover offer for Wilson

Wilson board continues to recommend bid rejectionMariner Corporation Limited (Mariner) has extended its offer period for a $25.4 million takeover bid ...

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Advisers will shift focus to strategic advice in 2013

Fragmentation of institutional advice model also likelyQuality advisers will begin to reduce their number of clients and focus on strategic advice ...

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Institutional investor confidence creeps back up

Follows two months at lowest recorded levelsGlobal institutional investor confidence increased fractionally in December after having spent two months ...

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Mortgage performance improves: Fitch Ratings

Self-employed borrowers experiencing more financial difficulties curing their arrears than salaried employeesThe performance of Australian Residential ...

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Retail and wholesale managed funds surge

Challenger, Schroders, Vanguard and NAB/MLC all report annual double digit FUM growth ratesAustralian retail managed funds gained almost $30 billion ...

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Retail super fund satisfaction slides

Retail funds will increasingly rely on loyal financial advisers to attract new clientsAccording to findings released by Roy Morgan Research on 20 ...

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Investors remain risk averse: Bendigo Wealth

Investors still looking for safe investments despite increasing investor sentimentInvestors are still risk conscious despite signs that investor ...

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Former financial planner jailed

Two year sentence issued for deception and dishonest dealingsA former Financial Wisdom and Financial Planning Services Australia adviser has been ...

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