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Financial Planning

NAB Wealth appoints Apogee GM

DARREN SNYDER  |  TUESDAY, 30 JUN 2015
The new general manager of Apogee Financial Planning will be Brendan Johnson, NAB Wealth confirmed today.

ASIC reviews One Big Switch, bans adviser

DARREN SNYDER  |  TUESDAY, 30 JUN 2015
ASIC cracking down on misleading information.

Alternative income sources could benefit retirees

ALEX BURKE  |  MONDAY, 29 JUN 2015
Imputation bonds or insurance bonds could be a good alternative to annuities or account based pensions in a context of low rates and new rules for aged care means-testing.

Advisers waiting on the sidelines with smart beta

LAURA MILLAN  |  MONDAY, 29 JUN 2015
Smart beta strategies are gaining popularity among investors, but financial advisers are exercising caution and waiting for the market to develop further in Australia.

Cost cuts put research at risk

DARREN SNYDER  |  MONDAY, 29 JUN 2015
Concerns are mounting that the push to lower operating costs in reaction to FoFA and competitive pressures will drive wealth groups to keep pruning their research capabilities, driving clients to source third-party solutions or reduce the role of research ...

Australian Unity to acquire estate planning firm

ALEX BURKE  |  FRIDAY, 26 JUN 2015
Australian Unity Personal Financial Services will acquire estate planning firm Flinders Australia.

IOOF execs asked to face Senate

LAURA MILLAN  |  FRIDAY, 26 JUN 2015
The Senate Economics Committee has invited IOOF executives to appear in a hearing set to be held in Sydney on July 7.

Trowbridge salutes risk reforms package

ALEX BURKE  |  FRIDAY, 26 JUN 2015
Life Insurance and Advice Working Group (LIAWG) chair John Trowbridge has applauded the industry-led risk reforms package.

Sherwin principal faces court for SMSF fraud

LAURA MILLAN  |  THURSDAY, 25 JUN 2015
Sherwin Financial Planners principal, Bradley Thomas Sherwin, has faced court for causing self-managed superannuation fund (SMSF) trustees to lose $10 million.

Risk reforms ignore key adviser concerns

ALEX BURKE  |  THURSDAY, 25 JUN 2015
Risk advisers expressed concern that the industry-led risk reforms package ignores the problem of vertical integration and client-driven policy churn.