‘Like herding cats’: How can M&A go wrong?; FAAA raises CSLR concerns with Minister Jones

Unexpected bills and a lack of cultural alignment are among M&A challenges two directors have faced, and the experiences have taught them that advice practices shouldn’t pursue “scale for scale’s sake”.

The Financial Advice Association Australia has met with Minister for Financial Services, Stephen Jones, to discuss their concerns about the escalating costs of the Compensation Scheme of Last Resort.

Advisers make a valuable difference to their client's retirement. As a registered adviser you can access our new Adviser Portal and dedicated support from our Advice Relationships team.

In light of recent ASIC investigations, Assured Support has outlined how compliance programs can fail within advice practices and licensees if they are treated as “necessary evils” and corners are cut.

GQG Partners has reported a 67 per cent year-on-year increase in Australian wholesale net flows to its funds as it announces its half-year results.

A dispute between Sequoia Financial Group and individual Tim McGowen has reached a conclusion, following a problematic acquisition of three companies.

The Financial Services and Credit Panel has made its first determination in over three months with the relevant provider pulled up on their statements of advice.

Once the AMP advice sale to Entireti is completed, the size of the combined licensees will be almost double that of the second-largest licensee Count, and the deal is being positively received by commentators and shareholders.