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Showing 921 - 930 of 1758 results for "Financial Planners"

New super products and mergers may result - insurers

ELISE BURGESS  |  THURSDAY, 28 APR 2011
... taken over by wealth managers while direct insurance will get a boost from new FOFA reforms. Life insurers and financial planners alike have responded with mixed reactions to today's announcement regarding the Future of Financial Advice reforms which ...

Licensee tests offer planners protection

MATT WOODINGTON  |  THURSDAY, 28 APR 2011
Financial planners will have protection against fiduciary problems as licensees are to be subject to the same best interest tests, according to the Government's FOFA reforms. The Financial Planning Association (FPA) said that one of its recommendations ...

FOFA leaves consumers in the cold

MATT WOODINGTON  |  THURSDAY, 28 APR 2011
... certain aspects. "The FPA supports the announcement to adopt a uniform and consistent approach so that all financial planners have the ability to provide scalable advice to more Australians," said Mark Rantall, chief executive officer, FPA.

Accountants attack planners over naming rights

ALISON BEVEGE  |  THURSDAY, 21 APR 2011
... government benefits and retirement planning, where advice can also be provided by accountants and lawyers. Financial planners had been trying to stake out a segment of the advice sector for years, he said, and enshrining the term would not improve standards. ...

ASIC silent on possible research probe

ALISON BEVEGE  |  TUESDAY, 19 APR 2011
... before advising clients on whether to invest in funds. Peter Johnston of the Association of Independently Owned Financial Planners, said the finance industry needed to stop product manufacturers paying research houses to be rated. "Advisers and clients ...

Planners train up for social media regulations

ELISE BURGESS  |  TUESDAY, 19 APR 2011
... Socialware. Chad Bockius, chief executive, Socialware said social media will be the new competing space for financial planners with the program offering guidance on compliance, Facebook, Twitter and LinkedIn along with updates on new techniques, social ...

Advisers fear super fund competition

ALISON BEVEGE  |  TUESDAY, 19 APR 2011
Financial planners are worried that low-cost advice from superannuation funds will hurt their businesses in the future and say it is unfair competition as the fees are hidden. At a recent Financial Planners Association luncheon in Sydney, advisers made ...

Planners prime legal targets for angry clients

ALISON BEVEGE  |  MONDAY, 18 APR 2011
Financial planners relying on research are sitting ducks for legal action in the wake of the Trio Capital superannuation fraud and need to protect themselves, a planner has said. In the case of the Trio Capital fraud, adviser Ross Tarrant's firm Tarrants ...

Planners needle minister over FOFA

ALISON BEVEGE  |  THURSDAY, 14 APR 2011
Financial Services Minister Bill Shorten fielded prickly questions from financial planners after giving a speech on the Future of Financial Advice reforms at a luncheon gathering yesterday. Minister Shorten told the Financial Planning Association (FPA) ...

FPA calls for naming rights

ALISON BEVEGE  |  THURSDAY, 14 APR 2011
... speech by the Minister that under the Corporations Act there was no constraint on people calling themselves financial planners irrespective of their training or competence, unlike other professionals such as stock brokers. "There are 16,000 financial ...