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Financial Planning

FPA announces winners of research grants

LAURA MILLAN  |  THURSDAY, 10 APR 2014
The Financial Planning Association (FPA) has announced the two winners of the inaugural Financial Planning Education Council (FPEC) university research grants.

CBA promoted Nguyen to keep him away from clients

LAURA MILLAN  |  THURSDAY, 10 APR 2014
The Senate inquiry into the performance of the Australian Securities and Investments Commission (ASIC) has heard that the Commonwealth Bank (CBA) promoted financial planner Don Nguyen, despite allegations of fraud.

Advisers under threat from robot replacements

LAURA MILLAN  |  WEDNESDAY, 9 APR 2014
The financial advice profession is likely to disappear and planners could be replaced by robots.

National Seniors asks Inquiry to deliver "top quality" advice

MARK SMITH  |  TUESDAY, 8 APR 2014
National Seniors has called on the Financial System Inquiry (FSI) to consider ways in which Australia can deliver "top quality, independent financial advice."

ASIC dictates seven-year ban for rogue CBA adviser

LAURA MILLAN  |  MONDAY, 7 APR 2014
The Australian Securities and Investments Commission (ASIC) has banned Commonwealth Financial Planning adviser Jade Zaicew for seven years.

AFA focuses FSI submission on FoFA "misinformation campaign"

LAURA MILLAN  |  MONDAY, 7 APR 2014
The Association of Financial Advisers (AFA) have asked the Financial System Inquiry (FSI) to consider whether the Australian Securities and Investments Commission (ASIC) should have stepped in to address what the association calls a "campaign of misinformation" ...

Advisers show overwhelming support for ETFs

MARK SMITH  |  MONDAY, 7 APR 2014
A recent State Street Global Advisors (SSgA) seminar has revealed that Australian financial planners overwhelmingly support the use of exchange traded funds.

FPA calls for clear separation of general and personal advice

LAURA MILLAN  |  FRIDAY, 4 APR 2014
The Financial Planning Association (FPA) asked the Financial System Inquiry (FSI) to review the definitions of general and personal advice over concerns that the terms make it difficult for consumers to distinguish personal advice from product sales.

Government will go ahead with FoFA changes: Ciobo

JAMES FERNYHOUGH  |  THURSDAY, 3 APR 2014
The government has reaffirmed its commitment to follow through with its amendments to the Future of Financial Advice (FoFA) reforms, despite putting the changes on hold last week.

Investec offers reduced interest rates to adviser's home loan

LAURA MILLAN  |  WEDNESDAY, 2 APR 2014
Investec has developed a tailored home loan offer for financial advisers and is offering them reduced interest rates.