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Financial Planning

Crowe Horwath to announce buyout proposal

LAURA MILLAN  |  TUESDAY, 3 JUN 2014
Crowe Horwath has requested a trading halt on the Australian Securities Exchange (ASX) and will soon provide an update on discussions regarding acquisition proposals.

New FoFA will not bring back old commissions: FactCheck

STAFF WRITER  |  MONDAY, 2 JUN 2014
Changes to the Future of Financial Advice (FoFA) legislation will not bring back old-style commissions, ABC's FactCheck program said, contradicting shadow Treasurer Chris Bowen.

IOOF and SFGA union rattles top ranks

LAURA MILLAN  |  MONDAY, 2 JUN 2014
The increasingly concentrated Australian financial services industry is about to be shaken by a merger that will position an independent provider on the front row for the first time in years.

CBA does not address "sketchy" info allegations

LAURA MILLAN  |  THURSDAY, 29 MAY 2014
Commonwealth Bank (CBA) has failed to address allegations by the Senate Economics Committee that it provided "sketchy" and insufficient information to the inquiry into the Australian Securities and Investments Commission (ASIC) in statement released ...

AFA upgrades Female Excellence award with business scholarship

LAURA MILLAN  |  THURSDAY, 29 MAY 2014
The Association of Financial Advisers (AFA) has opened nominations for the 2014 Female Excellence in Advice Award, which this year includes a master class for finalists at the Macquarie Graduate School of Management (MGSM).

CBA and ASIC "sketchy" info delays inquiry conclusion

LAURA MILLAN  |  WEDNESDAY, 28 MAY 2014
Last minute developments have forced the Senate Economics Committee to delay the tabling of its final report in the inquiry into the Australian Securities and Investments Commission (ASIC).

Senate Committee forced to delay tabling of ASIC report

LAURA MILLAN  |  WEDNESDAY, 28 MAY 2014
A significant late communication from Commonwealth Bank has forced the Senate Economics Committee to delay the tabling of the report into the Australian Securities and Investments Commission (ASIC).

Murray shuns FoFA commissions' debate

LAURA MILLAN  |  WEDNESDAY, 28 MAY 2014
Financial System Inquiry (FSI) chairman David Murray has avoided weighing in on the debate about the Future of Financial Advice (FoFA) amendments and the possibility that they could bring back commissions in advice.

CBA leads on client satisfaction despite planning scandals

LAURA MILLAN  |  TUESDAY, 27 MAY 2014
The scandals in Commonwealth Bank's (CBA) financial planning unit have not affected its clients' satisfaction, which is the highest of the big four banks.

WB Financial launches SMA service with Praemium

LAURA MILLAN  |  TUESDAY, 27 MAY 2014
Wealth management firm WB Financial has relaunched its Agentia separately managed account (SMA) service on the Praemium platform.