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Financial Planning

FPA asks for tax-deductible advice

LAURA MILLAN  |  WEDNESDAY, 5 FEB 2014
The Financial Planning Association (FPA) has asked the government to implement tax deductibility on financial planning fees.

Industry groups self-interest caused FoFA problems

LAURA MILLAN  |  TUESDAY, 4 FEB 2014
The overabundance of industry groups lobbying to ensure their own interests was the cause of the problems and complaints around the Future of Financial Advice (FoFA) legislation, Connect Financial Service Brokers chief executive Paul Tynan said.

Advisers can increase portfolio value by 3%

LAURA MILLAN  |  TUESDAY, 4 FEB 2014
Good financial advisers could add about 3% worth of measurable alpha to a client's portfolio, according to upcoming Vanguard research.

FPA kicks off week of free financial advice

LAURA MILLAN  |  MONDAY, 3 FEB 2014
The Financial Planning Association (FPA) advisers will be providing financial advice for free as part of the Ask an Expert Week that starts today and will finish on February 9th.

Guardian lowers PI insurance premiums for planners

ALICE URIBE  |  FRIDAY, 31 JAN 2014
In an effort to recognise advisers who provide professional sustainable advice, Guardian Advice and Suncorp Financial Planning are set to lower professional insurance premiums for its planners.

FoFA reforms put professional standards at risk: Ripoll

LAURA MILLAN  |  THURSDAY, 30 JAN 2014
The federal opposition has concerns that the proposed changes to the Future of Financial Advice (FoFA) regime as outlined by the government yesterday may result in reduced consumer protection and a decline in professional standards.

The AFA develops social media simulator

LAURA MILLAN  |  THURSDAY, 30 JAN 2014
The Association of Financial Advisers (AFA) has developed a simulator to help advisers determine the best social media strategy for their client base.

PROFILE: AMP Horizons director Amelia Constantinidis

MARK SMITH  |  THURSDAY, 30 JAN 2014
Running one of the nation's most highly regarded training programs for financial advisers might seem like an unusual job for a former typist turned IT executive but Mark Smith found out that it is actually the most fitting role for AMP Horizons director ...

Half of Australians not confident managing money

LAURA MILLAN  |  THURSDAY, 30 JAN 2014
Little over 50% of all Australians aged over 14 years old feel confident when it comes to managing their finances and investments, and nearly a third never spend time understanding how financial products work.

Retail investors turn to media for financial advice: GSAM survey

HARRY PAGE  |  WEDNESDAY, 29 JAN 2014
Only 10% of retail investors largely base their investment decisions on advice given to them by financial planners, a Goldman Sachs Asset Management (GSAM) survey has revealed.