Australia
Australian banking giant shuts down financial planning arm
Division will ‘cease providing advice services by November 2021’
Aussie investment firm fined A$20m for misleading trust members
After it took ‘advantage’ of investors ‘whose interests it was duty-bound to protect’
Couple launch legal bid against Aussie advice firm
‘Investments recommended to them may have been inappropriate for their goals and objectives’
FE Fundinfo buys Aussie adviser tech provider
Deal will help ‘further support and meet the needs of the global investment industry’
Blacktower obtains Swiss and Australian licences
This ‘further increases the reach and offering’ of its Nexus Global IFA network