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MM Weekender
28 Sep 2024
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Latest News
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Financial planning
Are licensees overpromising and underdelivering to advisers?

Commentators have discussed how value for money is becoming more critical than ever as licensee fees rise and failure by an AFSL to provide this is driving them to self-licensing.

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Financial planning
Court details mental turmoil of AMP BOLR objectors

A former AMP adviser told the Federal Court how they are scared to turn off their phone after a fellow adviser attempted suicide as Justice McElwaine said the 92 objections “weighed heavily” on his mind.

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Financial planning
E&P Financial Group seeks ASX de-listing

E&P Financial Group, former parent of Dixon Advisory, has formally requested to delist from the ASX, with the company noting the negative impact of regulatory proceedings on its share price.

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Financial planning
HUB24 takes stake in alternatives firm

Platform HUB24 has taken a minority stake in an alternative investment company to design and offer a range of alternative products to financial advisers.

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Funds management
ASIC secures penalty for Vanguard over greenwashing claims

Vanguard has been issued with a penalty by the Federal Court for making false and misleading statements about its ethically conscious fund.

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