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Financial Planning

FPA-Cbus referral deal makes promising start

JAMES FERNYHOUGH  |  THURSDAY, 16 JAN 2014
The referral deal between the Financial Planners Association (FPA) and industry fund Cbus is going "exceptionally well" after two weeks in action, according to FPA chief executive Mark Rantall.

Financial Index offers $130m for Centric Wealth

ALICE URIBE  |  MONDAY, 13 JAN 2014
Financial Index Wealth Accountants (FIWA) has entered into an agreement to purchase advisory firm Centric Wealth, in a move that will create one of Australia's largest financial advisory businesses not owned by a mainstream institution, with more than ...

Government releases FoFA amendments

LAURA MILLAN  |  FRIDAY, 20 DEC 2013
Assistant Treasurer Arthur Sinodinos has made public the reforms to the Future of Financial Advice (FoFA) legislation, which include the removal of the opt-in requirement and the streamlining of fee disclosure statements.

Advisers "hopeful" to hear FoFA changes before 2014

LAURA MILLAN  |  FRIDAY, 13 DEC 2013
The financial advice sector is hopeful that the government will make public the proposed changes to the Future of Financial Advice (FoFA) regulation before the end of the year.

Advisers see client numbers down: Macquarie survey

LAURA MILLAN  |  THURSDAY, 12 DEC 2013
A Macquarie survey has found that client numbers per adviser have gone down in the last year.

Gloomy outlook forces Crowe Horwath to trim business

LAURA MILLAN  |  THURSDAY, 12 DEC 2013
Crowe Horwath is expecting revenue to go down in the first half of financial year 2014 and has decided to eliminate "business distractions."

One-stop-shop firms surge to gain scale against big instos

LAURA MILLAN  |  THURSDAY, 12 DEC 2013
The number of partnerships and mergers between financial planning and accountancy firms is increasing as independent businesses brace to gain scale against the big institutionally-aligned groups.

Advisers risk losing clients, fail to target new ones

LAURA MILLAN  |  TUESDAY, 10 DEC 2013
Financial planners are at risk of losing their current clients and are failing to see that, contrary to general perceptions, advice seekers are likely to be female, baby boomers and from less wealthy segments.

AFA to train young advisers on soft skills

LAURA MILLAN  |  MONDAY, 9 DEC 2013
The Association of Financial Advisers (AFA) will be focusing on helping advisers develop emotional intelligence and soft skills in its GenXt Roadshow for 2014.

FPA to lobby against FoFA redundancy

LAURA MILLAN  |  THURSDAY, 5 DEC 2013
The Financial Planning Association (FPA) will lobby to take the opt-in requirement and other redundancies out of the Future of Financial Advice (FoFA) reforms as soon as the government issues its proposal to amend the legislation.