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Showing 731 - 740 of 10928 results for "Planning"

Fiducian welcomes two practices

KARREN VERGARA  |  FRIDAY, 14 JUN 2024
... Private Wealth, which operates in Victoria's Burwood, joins the ASX-listed firm. Gill also teaches the capstone financial planning unit at Deakin University. Paul Blackadder, the principal of Blackadder Finance, an advice practice that also offers loans ...

Older clients boost book values

KARREN VERGARA  |  THURSDAY, 13 JUN 2024
... 2.5x multiple. Based on fees, the multiple extends to 2.6x-3.3x times. "This shift underscores the need for financial planning businesses to maintain competitive fee structures to attract potential buyers," he said. "Over the past five years, the costs ...

Prime FG eyes wealth management business

KARREN VERGARA  |  WEDNESDAY, 12 JUN 2024
Prime Financial Group (PFG) is set to acquire an unnamed firm that operates investment research and funds management services. PFG flagged that a confidential non-binding indicative offer has been made to the Melbourne-based firm. If the offer is successful ...

Advice reforms draft laws consultation opens

KARREN VERGARA  |  WEDNESDAY, 12 JUN 2024
Draft regulation of the first tranche of the Delivering Better Financial Outcomes reform package is now up for consultation. Treasury Laws Amendment (Delivering Better Financial Outcomes) Regulations 2024 has five sections that aim to make access to ...

AustralianSuper bears brunt of complaints: AFCA

KARREN VERGARA  |  TUESDAY, 11 JUN 2024
... Advisory continued to file complaints with AFCA as 52 registered their issues and sought compensation. AMP Financial Planning recorded 19 complaints, 10 of which closed at case management stage. Advice Essentials and Madison Financial Group received ...

CSLR makes inaugural payments

KARREN VERGARA  |  TUESDAY, 11 JUN 2024
The Compensation Scheme of Last Resort (CSLR) made its first payments to four victims totalling more than $360,000, three of which related to bad financial advice. One payout of about $145,000 related to inappropriate personal financial advice provided ...

Advisers shoulder massive wealth transfer

KARREN VERGARA  |  FRIDAY, 7 JUN 2024
... grow, and protect their wealth to ensure the legacy is preserved for generations to follow, she says, noting careful planning, education, and managing potential social tensions are also important. A 1987 in the US study by John Ward claims that 70% of ...

HNWIs wealth reaches unprecedented levels

ANDREW MCKEAN  |  FRIDAY, 7 JUN 2024
... will transfer more than $80 trillion, spurring demand for both financial services (such as investment management and tax planning) and non-financial services (including philanthropy, concierge services, passion investments, and networking opportunities). ...

ETFs dominate client portfolios: Study

KARREN VERGARA  |  WEDNESDAY, 5 JUN 2024
... allocations to ETFs over the next 12 months. The 208 US-based financial advisers canvassed by the Journal of Financial Planning and the Financial Planning Association (FPA) said cash and equivalents (76%) were the next most-popular recommendations, followed ...

HESTA nabs legalsuper executive

ELIZA BAVIN  |  WEDNESDAY, 5 JUN 2024
HESTA has appointed Alissa Knight to the newly created role of general manager strategic planning, effective June 11. In her new role, Knight will play a crucial role in supporting HESTA's executive leadership team in strategic planning and key ...