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ASIC to ‘fully implement’ Hayne recommendations :

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Advice software firm integrates with XPLAN
A client relationship measurement software firm has announced an integration with IRESS’s XPLAN adviser platform. Write comment (6 CommentsRead more
Institutional remediation to top $2bn
A consultant estimates the price tag for remediation of issues identified from the Hayne royal commission to top $2 billion. Write comment (2Read more
ASIC admits no one was misled by Dover CPP
The corporate regulator has admitted it has no evidence to date that any client was deceived or misled by Dover Financial’s Client Protection PolicyRead more
Cardena appoints new managing director
Cardena Private Wealth has announced the appointment of a new managing director as part of efforts to position itself as a future-focused firm. Read more
Praemium upgrades and rebrands platform
Praemium has announced a major technology upgrade and a new rebrand for its global investment platform. Write comment (0 Comments) Read more
Adviser roadshow to explore new super strategies
An upcoming technical roadshow will focus on getting advisers to think differently about superannuation strategies, including lessening the impact of Read more
FASEA locks in code of ethics standard
The Financial Adviser Standards and Ethics Authority has finalised its code of ethics following a code monitoring agreement between six professional aRead more
Grandfathered clients down 33% in sale value
A financial services M&A firm believes the sale multiple of grandfathered trail commission clients has fallen further since the Hayne royal commisRead more
Ban reduced by 8.5 years for two Macquarie advisers
The Administrative Appeals Tribunal has reduced the banning period for two former Macquarie advisers from 10 years to 18 months. Write commentRead more
Hayne commission to impact product distribution
The Hayne commission’s recommendations on financial intermediaries could significantly affect major financial product distribution, with mortgage brRead more
First post-RC financial company to launch
One of the first new financial businesses to launch post royal commission says that it is ready to promote the culture that is needed in the sector. Read more
Sale of MLC Wealth ‘likely’ delayed to 2020
NAB has indicated that the sale of its MLC wealth management businesses may be pushed back until 2020 following the Hayne royal commission final reporRead more
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