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Financial Planning

CBA's advice review compensates 19 clients

LAURA MILLAN  |  WEDNESDAY, 30 SEP 2015
The compensation program set up by Commonwealth Bank (CBA) to compensate victims of bad advice has reviewed over 8,800 cases and compensated only 19 clients.

Retail funds recommending advice fee rates

MARK SMITH  |  WEDNESDAY, 30 SEP 2015
While retail super funds post-FOFA have unbundled their embedded advice commissions, half still recommend an average 0.55% in ongoing advice service fees, the annual super fee survey from Rainmaker reveals.

Managed Accounts challenge to retail wealth groups

ALEX DUNNIN  |  WEDNESDAY, 30 SEP 2015
Almost all major retail wealth groups now offer managed accounts but that doesn't mean they are using the same strategy to get involved with the emerging sector.

Dunfo Capital AFSL canceled

STAFF WRITER  |  WEDNESDAY, 30 SEP 2015
Dunfo Capital, formerly known as GSM Financial Group, has seen its Australian Financial Services Licence (AFSL) canceled by ASIC.

AMP advice adds Van Eck ETFs

STAFF WRITER  |  WEDNESDAY, 30 SEP 2015
Two Van Eck exchange-traded funds have been added to the AMP approved product list.

Succession planning is not a waiting game

ALEX BURKE  |  TUESDAY, 29 SEP 2015
Advice practice owners should not base their succession strategy on potential economic tailwinds or favourable regulatory outcomes, according to Connect Financial Service Brokers chief executive Paul Tynan.

OneVue launches new advice platform

ALEX BURKE  |  TUESDAY, 29 SEP 2015
OneVue has launched its new financial advice platform, LUMINOUS.

Vision Super intra-fund advice soars

ALEX BURKE  |  TUESDAY, 29 SEP 2015
Vision Super has recorded a massive increase in financial advice given to its members over 2015.

FPA retirement planning scholarships awarded

ALEX BURKE  |  TUESDAY, 29 SEP 2015
The Financial Planning Association of Australia and Challenger have awarded five UNSW scholarships for FPA members to study retirement planning.

Treysta moves $200 million funds under advice into managed accounts

MICHELLE BALTAZAR  |  MONDAY, 28 SEP 2015
It was a bold step that has paid off for the executive team behind Treysta.