Australia
Aussie bank exits life insurance market with A$524m deal
It will ‘continue to invest in the transformation and growth of its wealth management’ arm
MetLife unveils financial adviser platform in Australia
To help the industry which has ‘undergone an incredibly tumultuous couple of years’
What does the future hold for Australian advice market?
‘Still a lot of B-grade advisers who don’t have the education, intelligence, experience or wit’
Praemium bats back A$785m bid for its Australian business
But platform says it is ‘open to engagement at an appropriate valuation’
Australian banking giant shuts down financial planning arm
Division will ‘cease providing advice services by November 2021’