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Showing 1011 - 1020 of 4095 results for "Financial planning"

ClearView launches client-engagement guide

KANIKA SOOD  |  THURSDAY, 14 FEB 2019
... clients, in partnership with an academic. The author is Dr Katherine Hunt from Griffith University, who teaches financial planning subjects and has published papers in the client engagement side of financial planning. The 35-page guide gives a "tried ...

Royal Commission to disrupt product distribution: Roy Morgan

JAMIE WILLIAMSON  |  WEDNESDAY, 13 FEB 2019
... of the total value of major financial products. Roy Morgan said adoption of the recommendations related to financial planning will likely see a drop in the use of financial advisers to access products. "Financial planners are also likely to be impacted ...

Westpac mulls sale of in-house planners

JAMIE WILLIAMSON  |  WEDNESDAY, 13 FEB 2019
Westpac has confirmed it is exploring options for its in-house financial planning division, following questions from Financial Standard about a potential sale of 50% of Westpac Financial Planning. Financial Standard understands Westpac is in talks with ...

Hayne report raises professionalism stakes

JAMIE WILLIAMSON  |  MONDAY, 11 FEB 2019
... currently planned to be assigned to the code monitoring bodies under the Corporations Act," Hayne writes. However, Financial Planning Association of Australia chief executive Dante De Gori has a different take. He says there is no reason why a code monitoring ...

Grandfathered commissions deadline challenging: AFA

JAMIE WILLIAMSON  |  WEDNESDAY, 6 FEB 2019
... account for less than 15% of revenue. Meanwhile, 12% rely on the payments to produce more than 60% of income. Financial Planning Association of Australia chief executive Dante De Gori said the association submitted to the Royal Commission in March 2018 ...

Ongoing service arrangements should be tightened: Hayne

JAMIE WILLIAMSON  |  MONDAY, 4 FEB 2019
... the removal of grandfathered commissions - will likely lead to a dramatic increase in up-front fees, Lifespan Financial Planning chief executive Eugene Ardino argues. With up-front fees currently averaging $2,000 to $4,000, advisers are prepared to initially ...

Former adviser steals $5m from clients

JAMIE WILLIAMSON  |  MONDAY, 4 FEB 2019
... providing advice in 1991. He ceased as an adviser on 23 August 2016. He is listed as being a member of the Financial Planning Association of Australia, the SMSF Association and the Mortgage & Finance Association of Australia.

Outflows dent IOOF advice, funds businesses

KARREN VERGARA  |  MONDAY, 4 FEB 2019
... groups to IOOF - ANZ Wealth Management comprising RI Advice, Millennium3, Financial Services Partners and Elders Financial Planning dealer groups - in October 2017. The sale of ANZ's pensions and investments business however is taking longer than ...

Commonwealth FP fails to meet EU obligations

JAMIE WILLIAMSON  |  MONDAY, 4 FEB 2019
Hours before the final report from the Royal Commission goes public, Commonwealth Financial Planning has been ordered by ASIC to stop charging ongoing service fees. It is also barred from entering any new ongoing service arrangements with customers. ...

Synchron renews calls on risk advice separation

KANIKA SOOD  |  FRIDAY, 1 FEB 2019
... risk advisers will exit the industry in droves. "Australians need access to both life insurance advisers and financial planning advisers, but in our experience, these are usually two separate people and two separate disciplines," Trapnell said. He said ...