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13 January 2015 • By • 1 min read

WAM Capital looks to raise $100m

Listed investment company WAM Capital plans to raise $100 million via a share purchase plan (SPP). In a statement via the ASX, WAM Capital said the ...

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One in four planners set to switch licensees

More than 25 per cent of the financial planning industry is shopping for a new dealer group in search of lower fees and strong compliance offerings, ...

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Bank lobby defends vertical integration

The Australian Bankers’ Association has issued a passionate defence of the big banks' wealth management business models, pointing to consumer benefits

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MLC wealth advice exec departs

Mortgage Choice has poached NAB’s executive general manager for wealth advice to replace outgoing chief executive Michael Russell. John Flavell ...

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EU financial markets brace for new regs

The European Union’s equity, bond and derivative trading markets may face a regulatory overhaul should a current round of consultation make the case ...

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Look beyond GST reform: Chan & Naylor

Accounting and financial services firm Chan & Naylor has urged the government to consider broad tax and economic reforms to boost confidence and ...

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Credit Ombudsman ups compensation limit

The Credit and Investments Ombudsman has increased the monetary compensation limit available to complainants to $309,000. In a statement, the CIO – ...

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The folly of 'festive forecasts'

Dimensional Australia vice president Jim Parker has warned against taking year-end predictions that "seek to build catchy tunes out of noisy reality" ...

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APRA relaxes SuperStream benchmarking

The prudential regulator has reduced the number of SuperStream reporting benchmarks following consultation with the superannuation industry

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Centrepoint Alliance expands funding business

Centrepoint Alliance has reached an agreement with NAB and Bendigo and Adelaide Bank to increase the finance facility for its insurance premium ...

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