WTW has expanded its Australian investments business with the acquisition of the management rights to two funds from NSW-based advice business, Profile Financial Services.
Willis Towers Watson acquired two managed investment schemes from Profile Financial Services, as the latter looks to focus its efforts on financial advice.
Profile Financial Services chief executive Lena Ridley is focused on driving change and transforming the business as it steps into a new era. Cassandra Baldini writes.
Advisers who didn’t pass the adviser exam had until the end of January to come off the ASIC Financial Adviser Register, but the industry saw a couple of other high-profile departures.