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Australia

PEOPLE MOVES: Aegon, UK and Australia governments

People Moves | 19 Jul 16

PEOPLE MOVES: Aegon, UK and Australia governments

Aegon UK’s chief financial officer is to depart, while both the UK and Australian governments have announced further political manoeuvring following the Brexit referendum and Australian national elections.

LMIM investor group exploring UK legal options

Asia | 5 Jul 16

LMIM investor group exploring UK legal options

An investors group for victims of the LM Investment Management collapse is looking at the feasibility of bringing legal action in England & Wales, as well as other jurisdictions.

New professional standards for Australian advisers welcomed

Best Practice | 1 Jul 16

New professional standards for Australian advisers welcomed

A revised professional standards framework for financial advisers and planners in Australia has been welcomed by the Association of Financial Advisers (AFA) and Financial Planning Association (FPA), but further improvements could be made.

Australian adviser sues former employer for $1.5m bad advice

Structured Products | 28 Jun 16

Australian adviser sues former employer for $1.5m bad advice

An Australian financial planner is suing his former employer Westpac Institutional Bank for A$800,000 ($591,704, £444,479) on the grounds that his colleagues gave him bad advice about investing in structured financial products.

Australia’s JBWere cuts adviser commissions

Asia | 23 Jun 16

Australia’s JBWere cuts adviser commissions

Australian financial advisers JBWere, a unit of National Australia Bank (NAB), plans to revamp its remuneration structure and cut adviser commission rates in line with changes in the domestic and global regulatory environment.

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International Adviser covers the global intermediary market that uses cross-border insurance, investments, banking and pension products on behalf of their high-net-worth clients. No news, articles or content may be reproduced in part or in full without express permission of International Adviser.