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Financial Planning

Super fund adviser numbers swell

KANIKA SOOD  |  TUESDAY, 22 OCT 2019
Superannuation funds have added about 250 directly employed advisers in the three years to March, with State Super in the lead, according to Rainmaker Research.

New SMAs launch

ELIZABETH MCARTHUR  |  MONDAY, 21 OCT 2019
A new range of separately managed accounts (SMAs) have launched, attempting to address a demand the new FASEA code of ethics could create.

AustralianSuper checks out robo advisers

KANIKA SOOD  |  MONDAY, 21 OCT 2019
The $170 billion super fund is looking at robo advisers as a potential solution for providing financial advice to its members but says it's early days.

FS Power50 highlights most influential advisers in 2019

ELIZABETH MCARTHUR  |  MONDAY, 21 OCT 2019
The FS Power50 has been announced for 2019, recognising the 50 most influential financial advisers in Australia.

Former adviser cops 12 years in jail

HARRISON WORLEY  |  FRIDAY, 18 OCT 2019
A former Brisbane financial adviser will serve at least six years behind bars, after being found guilty of six charges of dishonestly causing detriment to clients to the tune of $5.9 million.

Dealer group shuts after advisers depart

KANIKA SOOD  |  FRIDAY, 18 OCT 2019
A dealer group boss decided to close down its Australian Financial Services License after finding it hard to restock advisers with the FASEA education requirements.

ASIC nudges robo-adviser to shutter

ELIZABETH MCARTHUR  |  FRIDAY, 18 OCT 2019
A digital advice firm has voluntarily shut down two robo-advice tools after ASIC raised concerns.

CountPlus firm acquires advice boutique

HARRISON WORLEY  |  THURSDAY, 17 OCT 2019
A member of the CountPlus network has acquired a boutique financial planning practice.

ASIC drags former adviser to court

HARRISON WORLEY  |  THURSDAY, 17 OCT 2019
A former financial adviser with a 25-year ban from the profession is facing court for allegedly using almost $2 million in client funds for his own benefit.

ASIC grants compliance scheme relief

HARRISON WORLEY  |  WEDNESDAY, 16 OCT 2019
ASIC will grant AFS licensees with relief from the obligation to ensure their financial advisers are covered by a compliance scheme.