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Financial Planning

Margin lending through advisers shrank in 2013

LAURA MILLAN  |  TUESDAY, 1 APR 2014
Margin lending loans sold through financial advisers shrank in 2013 by 7%, while the broker channel is poised for growth over the next 12 months.

PROFILE: Westpac GM of bank financial planning

JAMES FERNYHOUGH  |  MONDAY, 31 MAR 2014
As Mike Chesworth celebrates his 35th anniversary at Westpac, the general manager of bank financial planning looks back at a remarkably varied career in Australia's oldest bank. James Fernyhough reports.

Murray inquiry should simplify investment tax structures

LAURA MILLAN  |  FRIDAY, 28 MAR 2014
The financial systems inquiry should be focusing on simplifying Australia's tax structure to encourage foreign investment, Minter Ellison partner Richard Batten said.

Count and SPAA partner to provide SMSF training

LAURA MILLAN  |  FRIDAY, 28 MAR 2014
Count Financial and the SMSF Professionals' Association of Australia (SPAA) have partnered to provide self-managed super fund (SMSF) specialised training and education to Count members.

AFA finds FoFA debate "surprising"

LAURA MILLAN  |  THURSDAY, 27 MAR 2014
The Association of Financial Advisers (AFA) has expressed disappointment at the freeze of the Future of Financial Advice (FoFA) amendment regulations and finds it surprising that such "sensible and pragmatic amendments" have generated controversy among ...

We did a "pretty good job" in CBA planning case: ASIC

LAURA MILLAN  |  WEDNESDAY, 26 MAR 2014
The Australian Securities and Investment Commission (ASIC) commissioner Greg Tanzer believes that the regulator "did a pretty good job" in dealing with the Commonwealth Financial Planning (CFP) case that prompted a Senate inquiry into the overall performance ...

Guardian launches referral network strategy guide

JAMES FERNYHOUGH  |  WEDNESDAY, 26 MAR 2014
Suncorp-owned dealer group Guardian Advice has launched a new strategy guide aimed at helping its advisers build a "robust" referral network.

Industry pushes for more consumer protection under FoFA

LAURA MILLAN  |  TUESDAY, 25 MAR 2014
The financial services industry has welcomed the Finance Minister Mathias Cormann's decision to temporarily freeze the amendments to the Future of Financial Advice (FoFA) legislation, which some stakeholders believe will lead to increased consumer protection.

AMP's Charter names advice award winners

MARK SMITH  |  TUESDAY, 25 MAR 2014
TFC Financial's Dennis Bateman and KTA Financial Services' Troy Mickan have won national financial planning awards from AMP's Charter Financial Planning.

FoFA freeze a consequence of pro-consumer campaign: Silk

LAURA MILLAN  |  MONDAY, 24 MAR 2014
AustralianSuper chief executive Ian Silk said that Senator Mathias Cormann's decision to freeze the Future of Financial Advice (FoFA) regulation is a consequence of "a surprisingly strong campaign" against "elements" that were pushing the legislation ...