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Financial Planning

InvestSMART launches free robo-advice tool

ALEX BURKE  |  THURSDAY, 23 JUL 2015
Managed funds discount broker InvestSMART has launched a free direct-to-consumer "robo-advice" tool.

Accountants flood independent licensee

LAURA MILLAN  |  THURSDAY, 23 JUL 2015
A non-aligned dealer group has seen 30 accounting practices join in the last year as the limited and full advice licenses gain momentum.

Macquarie pays $11m advice compensation so far

LAURA MILLAN  |  THURSDAY, 23 JUL 2015
Macquarie Group's comprehensive advice remediation program has paid $11 million to disgruntled advice clients a year after it was put in place.

Singapore looks to Australia on risk reforms

ALEX BURKE  |  THURSDAY, 23 JUL 2015
The Monetary Authority of Singapore (MAS) has implemented key risk/life insurance advice reforms that were inspired by similar policies in Australia, the Netherlands and the UK.

Insurance advisers focusing on client segmentation

ALEX BURKE  |  WEDNESDAY, 22 JUL 2015
Clients seeking insurance advice can be segmented into three broad categories and advised accordingly, according to research by AIA Australia and the Beddoes Institute.

Advisers to remain at centre of CBA: Narev

MARK SMITH  |  WEDNESDAY, 22 JUL 2015
Commonwealth Bank chief executive Ian Narev has insisted that despite the challenges the bank has faced in its financial advice business and in spite of widespread digitisation, face-to-face planners will remain at the heart of the company's business ...

NSW Advisers Big Day Out kicks off next week

STAFF WRITER  |  WEDNESDAY, 22 JUL 2015
Registrations for the Financial Standard's NSW Advisers Big Day Out Investment Manager Roadshow are closing soon.

AFA tweaking life insurance framework

ALEX BURKE  |  TUESDAY, 21 JUL 2015
The Association of Financial Advisers is refining aspects of the Life Insurance Framework developed jointly with the Financial Planning Association of Australia (FPA) and Financial Services Council (FSC).

Findex life insurance goes commission-free

ALEX BURKE  |  MONDAY, 20 JUL 2015
Findex's Centric Wealth and Financial Index Wealth Accountants divisions will now only recommend commission-free life insurance policies.

AZ NGA acquires $180m CBA advice firm

ALEX BURKE  |  FRIDAY, 17 JUL 2015
AZ Next Generation Advisory has acquired a 51% stake in Lifestyle Financial Planning Services (LFPS), which was licensed through Commonwealth Bank (CBA) dealer group Financial Wisdom.