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Major product changes ahead for planners

ELISE BURGESS  |  MONDAY, 26 MAR 2012
Product providers are reassessing their offerings to the independent adviser market, according to ANZ Wealth, with new strategies under development to address massive issues. Practical implementation is centre stage for ANZ Wealth across a number of ...

IMCA Australia launches CIMA Scholarship Program

RACHEL DAVIS  |  FRIDAY, 23 MAR 2012
... research houses, platforms, 'manage the managers' fund managers, financial planning firms and family offices. Applications close 16 April 2012. AMP Capital have partnered with Investment Management Consultants Association (IMCA) to provide a Scholarship ...

Market Wrap - Morning

AAP  |  FRIDAY, 23 MAR 2012
The Australian market looks set to open lower following falls on international markets overnight after unexpectedly weak euro zone economic data and disappointing Chinese figures. The federal opposition has vowed to repeal government legislation that ...

FICAP's Wannabe Rockstars a huge hit

RACHEL DAVIS  |  THURSDAY, 22 MAR 2012
Ten of the finance industry's Wannabe Rockstars battled it out this week in FICAP's annual "Who wants to be a RockStar?" event at Sydney's iconic Metro Theatre. The award for FICAP 2012 RockStar of the Year went to Jamie Thomas from ANZ, with a rendition ...

Market Wrap - Midday

AAP  |  THURSDAY, 22 MAR 2012
The Australian share market has defied negative offshore leads and a flat opening to post slight gains by noon. At 1217 AEDT on Thursday, the benchmark S&P/ASX200 index was up 21.6 points, or 0.51 per cent, at 4,275.9, while the broader All Ordinaries ...

Debt crisis has 15 yr shelf life

ELISE BURGESS  |  THURSDAY, 22 MAR 2012
... lacking the usual tools to combat negative impacts of debt reduction such as lower interest rates which are already sitting at close to zero, said Baz, with wage cuts of up to 25% necessary for some economies to even remain competitive with Germany. ...

AFA hits out at ISN over deal allegations

CLAIRE MCGREAL  |  THURSDAY, 22 MAR 2012
The AFA has weighed into the debate over allegations a deal had been struck between the FPA and Industry Super Network on opt-in and the use of the term "financial planner". National media reported this week that the Financial Planning Association (FPA) ...

Market Wrap - Morning

AAP  |  THURSDAY, 22 MAR 2012
The Australian market looks set to open flat after mostly flat trading in Europe and mixed trading on Wall Street after data showed US home sales fell unexpectedly in February and the announcement of the British annual budget. At 0809 AEDT on Thursday ...

FPA: Stance on opt-in remains the same

ELISE BURGESS  |  WEDNESDAY, 21 MAR 2012
The FPA has responded to industry-wide speculation that it has signed a deal with the Industry Super Network that would limit opt-in to a four year requirement. Reported in The Australian, the Financial Planning Association (FPA) and the Industry Super ...

ASIC, FPA, and FOS address shadow shopper report

ELISE BURGESS  |  WEDNESDAY, 21 MAR 2012
... continuous improvement," said Peter Kell, ASIC commissioner. "We welcome the opportunity to continue our constructive and close relationship with the FPA to participate in these workshops." "The collaboration between the FPA, FOS, ASIC and financial ...