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Financial Planning

Industry moves away from upfront commissions

LAURA MILLAN  |  THURSDAY, 25 JUN 2015
Australia's life insurance advisers and providers have reached an agreement to transition from high upfront commissions to alternative remuneration models.

FPA pushes for three-year opt-ins

ALEX BURKE  |  WEDNESDAY, 24 JUN 2015
The Financial Planning Association is pushing for member clients to receive three-year opt-in notices rather than the two-year arrangement proposed in the Future of Financial Advice reforms.

PwC to review IOOF advice research division

LAURA MILLAN  |  WEDNESDAY, 24 JUN 2015
IOOF has commissioned PwC to conduct a review of its advice research division following media reports of misconduct such as insider trading and front running.

Labor now opposes advice Royal Commission

LAURA MILLAN  |  WEDNESDAY, 24 JUN 2015
Labor and the Coalition are opposing renewed calls from Greens senators for a Royal Commission into financial advice and financial institutions.

KPMG hires heavy in financial services

DARREN SNYDER  |  TUESDAY, 23 JUN 2015
KPMG Australia's advisory division is positioning itself for a year where large corporates are expected to have more appetite for mergers and acquisitions.

ASIC silent on IOOF investigation

LAURA MILLAN  |  MONDAY, 22 JUN 2015
The Australian Securities and Investments Commission (ASIC) has refused to confirm if it will investigate allegations of misconduct within IOOF's research and wealth management divisions.

Australians ill prepared for financial future

STAFF WRITER  |  MONDAY, 22 JUN 2015
Australians are potentially being complacent about their finances with little or no plans in place now and for the future, according to the latest survey data from CUA.

Nominations open for AFA Adviser of the Year Award

STAFF WRITER  |  FRIDAY, 19 JUN 2015
Nominations for this year's Association of Financial Advisers (AFA) Adviser of the Year Award are now open.

Philo in growth mode after losing key mandate

ALEX BURKE  |  THURSDAY, 18 JUN 2015
Philo Capital is investing in growth after being replaced by State Street Global Advisors (SSGA) to provide portfolio construction services for key client Centric Wealth.

Financial planning director to leave AMP

LAURA MILLAN  |  THURSDAY, 18 JUN 2015
AMP's executive director of financial planning will leave the group to pursue other opportunities in the industry.