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13 Apr 2024
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Latest News
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Financial Planning
The salary boom for intermediary BDMs

Top-performing business development managers are seeing bonuses of up to 90 per cent of their salary as new investment products and advisers' usage of managed accounts mean the sector is experiencing a skills shortage.

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Financial Planning
'Licensee for hire' Lanterne receives Federal Court penalty

The Federal Court has issued a seven-figure penalty against Lanterne Fund Services, a wholesale licensee which operated as a "licensee for hire".

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Financial Planning
Fortnum CEO sharpens focus on organic adviser pipeline

Fortnum Private Wealth CEO, Neil Younger, says scale is becoming a necessity rather than a benefit for financial advice licensees as it focuses on organic growth via licensee switching.

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Financial Planning
How can advice firms avoid an AFSL failure?

With 4.2 financial advice firms expected to fail per year, what type of problems can occur that could cause a licensee or micro-AFSL to go under?

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Financial Planning
Mayfair 101's Mawhinney charged with dishonest conduct

The head of Mayfair 101, James Mawhinney, has been charged with four counts of engaging in dishonest conduct.

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