Success of planners a double-edged swordBY CHRIS NICHOLLS | MONDAY, 25 JUN 2007 12:25PMPromoting financial planning may be the next big challenge for the industry, but it will also expose a chronic shortage of planners, according to AMP Financial Planning managing director, Michael Guggenheimer.
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Adviser numbers plateau
The number of financial advisers in Australia appears to be stabilising at 15,602, as Count and AMP Financial Planning continue to hold the lion's share.
Praemium loses $700m due to adviser transitions
Praemium reported total net outfows from its Powerwrap scheme has reached $700 million over the past three quarters.
Small cap investors told to 'stop whinging'
Forager's chief investment officer has read the riot act to investors.
Adam Blumenthal ordered to pay $850k
Blumenthal is also banned from managing corporations for five years.
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