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Financial Planning

CBA's Narev leaves key questions unanswered

LAURA MILLAN  |  FRIDAY, 4 JUL 2014
Commonwealth Bank (CBA) chief executive Ian Narev's main message during yesterday's address to the media was that the bank has switched to "a spirit of openness," but he left a number of key questions unanswered.

FPA calls for industry summit to restore trust in advice

LAURA MILLAN  |  THURSDAY, 3 JUL 2014
The Financial Planning Association is calling for a broad industry summit to ensure that cases of inappropriate advice are "stamped out for good" and to restore community trust in advisers.

CBA opens up compensation review to all advice clients

LAURA MILLAN  |  THURSDAY, 3 JUL 2014
Commonwealth Bank (CBA) will set up a broad remediation program with independent oversight for all customers who received advice between 2003 and 2012.

CBA boss to be grilled on Senate report

AAP  |  THURSDAY, 3 JUL 2014
Commonwealth Bank (CBA) boss Ian Narev will front the media for the first time since a damning report called for a royal commission to investigate its financial advisers.

Inquiry sees spike in demand for legal action against CBA

LAURA MILLAN  |  WEDNESDAY, 2 JUL 2014
Law firms working to start a class action against Commonwealth Bank's (CBA) financial planning businesses have seen a spike in the number of affected consumers willing to join the legal cause.

Australia and New Zealand accountants launch joint brand

LAURA MILLAN  |  WEDNESDAY, 2 JUL 2014
Chartered Accountants Australia and New Zealand has been launched as a joint brand that brings together the Institute of Chartered Accountants Australia (ICAA) and the New Zealand Institute of Chartered Accountants (NZICA).

IOOF set to complete SFGA acquisition in August

LAURA MILLAN  |  TUESDAY, 1 JUL 2014
SFG Australia (SFGA) has made public an explanatory memorandum which outlines the details of the acquisition by IOOF Group and sets the implementation date for August 20, 2014.

Platinum steps up focus on adviser market

MARK SMITH  |  TUESDAY, 1 JUL 2014
The Financial Planning Association (FPA) has revealed that Platinum Asset Management will be its main sponsor for its 2014 Professionals Congress in Adelaide in November.

Infocus and Patron deal puts new group in top ten

LAURA MILLAN  |  TUESDAY, 1 JUL 2014
The financial advice landscape is likely to be shaken up again by a merger between two medium-sized firms that would put the new group among Australia's top ten providers.

TPB open for TASA registration from today

LAURA MILLAN  |  TUESDAY, 1 JUL 2014
Financial planners who provide tax financial advice can register from today with the Tax Practitioners Board (TPB) to comply with the Tax Agent Services Act 2009 (TASA).