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12 September 2011 • By Vishal Teckchandani • 1 min read

Trio compensation payout delayed

Victims of the Trio Capital fraud will need to keep waiting for the compensation process to be finalised.Trio Capital fraud victims have been forced ...

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ETF providers allay concerns over transparency

ETFs are not less transparent than managed funds, providers say.Exchange-traded fund (ETF) providers have scotched concerns their products are ...

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PIS reduces headcount, boosts compliance

A renewed focus on compliance is behind PIS's decision to cut between 250 and 300 adviser positions.Professional Investment Services (PIS) has cut ...

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Goodbye Mr Independence

Last week's unsolicited bid for Count Financial took many in the industry by surprise.The federal government's Future of Financial Advice (FOFA) ...

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Interest in co-contributions wanes

The use of the superannuation co-contributions scheme has dramatically fallen, according to industry statistics.The latest Australian Prudential ...

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Netwealth reviews funds, staff

Platform provider netwealth has recruited more staff to meet licensee demand.Licensee reaction and volatile markets are behind netwealth's decision to ...

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Reforms only part of advice challenge

The FOFA reforms are not the only challenges facing Australia's advice industry, according to a wealth manager.The federal government's reform ...

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Plan B hires Black as CEO

Plan B has hired former Skandia Australia head Andrew Black as chief executive.Listed wealth management firm Plan B Group Holdings has appointed ...

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Shorten recognises contributions caps issue

The superannuation contributions caps issue needs more examination, according to Financial Services Minister Bill Shorten.Financial Services and ...

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FPA investigates Trio complaints

The FPA's investigations have revealed insights and warning signs regarding the Astarra Strategic Fund.The FPA is investigating nine ...

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