Merry Christmas from financialobserver


On behalf of financialobserver I would like to wish all our readers a Merry Christmas and a Happy New Year. Thanks so much for your support in 2017 and we look forward to engaging with you again in 2018... Read More

Centrepoint nabs Shadforth chief executive


Independent financial services group Centrepoint Alliance has appointed the chief executive of Shadforth Financial Group to head the business following the departure of chief executive John de Zwart in August. I.. Read More

Growth flat in managed funds


Growth in the retail managed fund market was flat in the third quarter of 2017, with independent platform providers continuing to outstrip the incumbents in terms of inflows, according to new statistics from Strategi.. Read More

Super system failing women


Australia’s superannuation system appears to be failing female retirees, with women nearing the end of their working lives having just $80,000 on average in their super account, according to robo advice firm Si.. Read More

Mercer launches Facebook advice service


Superannuation administration group Mercer has launched a new Facebook-based robo advice service that leverages artificial intelligence to calculate the amount of money users will have to retire on. The group sa.. Read More

Use royal commission to improve sector


The financial services sector should use the forthcoming royal commission as a chance to identify further areas for improvement despite a multitude of recent inquiries having already focused on the industry, accordin.. Read More

HNWs turn away from planners


Australia’s wealthy investors are growing in number but are seeking less advice from financial planners, according to new research from Investment Trends. The group’s 2017 High Net Worth Investor Rep.. Read More

FASEA releases existing adviser standard


The Financial Adviser Standards and Ethics Authority has released its draft educational standard for existing financial advisers, with those who are not currently degree qualified, or have a degree in an unrelated di.. Read More

AUSTRAC expands CBA case


The Australian Transaction Reports and Analysis Centre (AUSTRAC) has uncovered what it believes to be 100 more breaches of anti-money laundering and counter-terrorist financing legislation by the Commonwealth Bank of.. Read More

More millennials turning to advisers


A majority of millennials were now seeking advice to deal with financial issues, although many consumers still believed financial advice was reserved for those with immense wealth or complex financial circumstances, .. Read More

BT platforms add Cooper Investors


Global equities specialist fund manager Cooper Investors has had two of its offerings included on BT Financial Group’s investment platforms. The Cooper Investors Global Equities Fund (Hedged) and Cooper In.. Read More

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