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Financial Planning

Canberra adviser rolls out pilot project to engage GenYs

LAURA MILLAN  |  MONDAY, 2 DEC 2013
An MLC financial adviser based in Canberra has come up with Cashflow Coach, a pilot program designed to engage GenYs in financial planning.

AMP's Ipac unveils Next Generation Advice program

LAURA MILLAN  |  MONDAY, 2 DEC 2013
Ipac has started to implement Next Generation Advice, a program designed to improve communication with clients and to deliver consistency across the group's practices all over the country.

Adviser forced to pay back $684,000

LAURA MILLAN  |  THURSDAY, 28 NOV 2013
A former financial adviser has been forced to pay back $684,000 to five clients after he was convicted for providing inappropriate advice.

Midwinter pairs AdviceOS with online accounting platform

MARK SMITH  |  WEDNESDAY, 27 NOV 2013
Midwinter Financial Services has integrated its recently launched AdviceOS financial planning software with online accounting platform Xero Cashbook.

Fund managers rethink distribution approach after FoFA

LAURA MILLAN  |  WEDNESDAY, 27 NOV 2013
A growing number of fund managers are making changes in their distribution strategy and bringing their retail and institutional distribution teams closer together to reflect industry consolidation brought on by the Future of Financial Advice (FoFA) reform.

Accountants cautious to enter advice space

LAURA MILLAN  |  TUESDAY, 26 NOV 2013
Accountants are entering the advice space in very limited numbers and almost six months after the accountant exemption ended, only 31 have applied for a limited Australian financial services licence (AFSL).

Advisers still servicing few wealthy clients

LAURA MILLAN  |  MONDAY, 25 NOV 2013
Financial advisers are still servicing very few and very wealthy clients, despite the Future of Financial Advice (FoFA) reform's objective of bringing advice to more Australians.

Advisers should review aged care strategies ahead of reform

AAP  |  MONDAY, 25 NOV 2013
Financial advisers are encouraged to review their clients' aged care strategies ahead of the July 1, 2014 reforms to ensure that the approach taken maximises cash flow and capital preservation.

Accountants tap into advice with tech advantage

LAURA MILLAN  |  FRIDAY, 22 NOV 2013
Australian accountants are the most tech aware in the world as they further move into the advice space via both limited and full licences.

FoFA boosts advice business valuation

LAURA MILLAN  |  THURSDAY, 21 NOV 2013
The valuations of advice businesses compliant with the Future of Financial Advice (FoFA) regulation have increased in Western Australia, Victoria and New South Wales.