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Financial Planning

YBR adds 13 branches to its network

LAURA MILLAN  |  THURSDAY, 1 MAY 2014
Yellow Brick Road (YBR) has increased its distribution footprint to 197 branches across Australia, with 13 new additions in the first quarter of 2014.

Advisers need soft skills first to engage new clients

LAURA MILLAN  |  WEDNESDAY, 30 APR 2014
Soft skills and the ability to enthuse clients are more important than the value of the advice service during the first stages of the financial planning process.

AMP's ipac Financial Planning wins group of the year award

LAURA MILLAN  |  WEDNESDAY, 30 APR 2014
AMP-owned ipac Financial Planning has won CoreData's 2013 Advisory Group of the Year Award.

Compliance absorbs half of platforms' development budget

LAURA MILLAN  |  TUESDAY, 29 APR 2014
Platforms are spending almost half of their development budget on regulatory compliance, the Investment Trends 2013 Platform Report found.

Nominations open for AFA Excellence in Education Award

STAFF WRITER  |  TUESDAY, 29 APR 2014
The Association of Financial Advisers (AFA) is calling for nominations for the seventh AFA Excellence in Education Award, which will be presented in October at the AFA National Conference in Cairns.

FoFA amendments undermine confidence in advisers: Shorten

LAURA MILLAN  |  MONDAY, 28 APR 2014
The Opposition Leader Bill Shorten said that the government's proposed amendments to the Future of Financial Advice (FoFA) legislation undermine confidence in financial advisers.

ASIC cancels two more AFSL licences

LAURA MILLAN  |  MONDAY, 28 APR 2014
The Australian Securities and Investments Commission (ASIC) has cancelled the Australian financial services licence (AFSL) of a Parramatta insurance broker and of Banksia Mortgages.

Consumers reluctant to use online advice

LAURA MILLAN  |  WEDNESDAY, 23 APR 2014
Consumers do not trust online advice and still prefer to meet their financial planner face to face.

US fight over adviser fiduciary rules nears end

ALEX DUNNIN  |  THURSDAY, 17 APR 2014
While debate in the US wealth management sector regarding improved fiduciary responsibilities for advisers appears to approaching resolution, the price of this resolution is that it has retreated back to just improved disclosure rules.

ASIC permanently bans 'tombstoning' adviser

LAURA MILLAN  |  WEDNESDAY, 16 APR 2014
The Australian Securities and Investments Commission (ASIC) has permanently banned financial adviser Pavan Vyas engaging in credit activities after he was convicted for dishonest conduct.