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Showing 1991 - 2000 of 4097 results for "financial planning"

FEATURE: Have we reached the tipping point for managed accounts?

MARK SMITH  |  FRIDAY, 15 AUG 2014
... described as steady rather than spectacular. The reasons why the structure has not yet been widely adopted by the financial planning community are complex but recent developments in the sector, as well an improving economic and regulatory landscape ...

Macquarie forced to contact all advice clients for remediation

LAURA MILLAN  |  FRIDAY, 15 AUG 2014
Macquarie Equities Limited (MEL) must contact all clients who received advice from its financial planning arm, Macquarie Private Wealth (MPW), going back to 2004 following action from the regulator. Under the enforceable undertaking (EU) in place since ...

IOOF appoints national technical manager

ALICE URIBE  |  THURSDAY, 14 AUG 2014
... Anderson replaces Damian Hearn who resigned in June and is now a senior wealth adviser at Chan & Naylor Australia Financial Planning. She has a Bachelor of Arts Degree, Diploma in Financial Planning and Certificate IV in Workplace Training and Assess ...

CBA dismisses Murray's concerns over vertical integration

LAURA MILLAN  |  THURSDAY, 14 AUG 2014
... licensee conditions imposed by the Australian Securities and Investments Commission (ASIC) on CBA's Commonwealth Financial Planning and Financial Wisdom businesses. "The financial impact of the Open Advice Review program and new licensee conditions are ...

Blue Sky reveals asset allocation of first alternatives LIC

MARK SMITH  |  THURSDAY, 14 AUG 2014
... growing appetite for alternatives in Australia, and in fact globally. The Blue Sky Alternatives Access Fund gives financial planning, private wealth, SMSF and retail investors the ability to invest in alternative assets through an ASX-listed structure ...

CBA posts record profit, strong wealth management growth

LAURA MILLAN  |  WEDNESDAY, 13 AUG 2014
... 17% since June 2013. The growth was despite the cases of poor advice and adviser misbehaviour within CBA's financial planning units, which were unveiled by media reports and a sweeping Senate Economics Committee inquiry. Since then, CBA has put in place ...

CBA appoints international experts to oversee advice program

LAURA MILLAN  |  MONDAY, 11 AUG 2014
... Economics Committee inquiry unveiled systemic problems within CBA's financial advice businesses Commonwealth Financial Planning and Financial Wisdom. The bank has so far set up a dedicated team, a website and a phone number to attend customer's demand ...

CBA, ASIC unveil details of new compensation scheme

LAURA MILLAN  |  FRIDAY, 8 AUG 2014
Commonwealth Bank (CBA) has revealed the details of the new licensing conditions for its financial planning businesses after the original process to compensate victims of poor advice was found to be inconsistent. Commonwealth Financial Planning (CFPL) ...

Managedaccounts.com.au adds adviser to sales team

STAFF WRITER  |  FRIDAY, 8 AUG 2014
... financial planner. Doug Kirkham has joined the managed account provider from advisory firm, Cameron Walshe Financial Planning, where he had been for eight years. Prior to that, Kirkman was head of sales and distribution at Suncorp-owned Asteron Life. ...

General advice is not advice: Rantall

JAMES FERNYHOUGH  |  FRIDAY, 8 AUG 2014
... term 'general advice' is misleading to consumers, and would be more appropriately labeled 'product sales', Financial Planning Association chief executive Mark Rantall has said. Speaking to a full house of Financial Services Council conference delegates ...