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| | | A report stating a quarter of financial advisers would be wiped from the industry and fee revenue halved by 2024 is alarmist, the Association of Financial Advisers said today. The report by research house Rice Warner Actuaries stated the figures in ... |
| | | | Technology provider, Adviser Toolbox, has bought a 25 per cent stake in a boutique paraplanning firm, offering advisers insurance Statements of Advice preparation for $350. In a bid to target the advice insurance business, AusParaplanning has released ... |
| | | | 1.00,1.03,1.05,1.08,1.10,1.20 - no these are not random numbers. These are the numbers marking the Australian dollar's recorded fresh - and fresher - after-float highs against its big brother, the US dollar. The last time I wrote about the value of ... |
| | | | Dealer group Securitor is looking to grow its network, while rolling out new initiatives to improve the efficiency of its existing businesses. Securitor, owned by BT Financial Group, currently has close to 500 planners and 240 practices within its network. ... |
| | | | The Joint Accounting Bodies are scoping for new potential opportunities for accountants to provide 'non-product' financial advice to clients in light of the FOFA reforms. CPA Australia, Institute of Chartered Accountants in Australia and National Institute ... |
| | | | Self-managed super fund trustees risk being hit by tax and forced liquidations in the pensions phase if they don't plan ahead, financial services firm HLB Mann Judd has warned. Michael Hutton, head of wealth management at the firm, said self-managed ... |
| | | | Baby boomers and their advisers are becoming increasing concerned about the effect of market volatility on traditional investments, according to a MetLife poll. MetLife's Market Volatility Poll, conducted in February of this year, included 520 financial ... |
| | | | In news that has shaken the financial advice and super industries, AustralianSuper will partner with six financial planning groups to create a complete advice and super service for clients. The fund said that in light of the Cooper Review, the Ripoll ... |
| | | | ... coming. "Scaled advice recognises that there are many Australians who want simple advice rather than a complete financial plan," she said. "It's a welcome extension of the intra-fund advice model, which is all about providing more cost-effective and ... |
| | | | Dealer groups today welcomed the future of financial advice reforms - but unanimously disapproved of the banning of life insurance commissions within superannuation funds. MLC & NAB Wealth, AMP and AXA, and BT Financial Group said they were happy the ... |
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