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Financial Planning

Jenny Brown named FS Smileys Scholar of the Year

MARK SMITH  |  WEDNESDAY, 20 NOV 2013
JBS Financial Strategists' Jenny Brown has won this year's Financial Standard Social Media Influence, Leadership + Excellence (Smileys) Scholarship.

Bad estate planning advice is getting clients in trouble

LAURA MILLAN  |  TUESDAY, 19 NOV 2013
Accountants and financial planners could be causing problems for clients by giving them incorrect legal advice in estate planning.

Banned adviser spent client savings on sports car business

MARK SMITH  |  TUESDAY, 19 NOV 2013
The Australian Securities and Investment Commission (ASIC) has accepted an enforceable undertaking (EU) from Sydney financial adviser Gabriel Nakhl which permanently prevents him from providing financial services after he used clients' cash on his sports ...

CBA follows ASIC's lead in Senate submission

LAURA MILLAN  |  MONDAY, 18 NOV 2013
Commonwealth Bank (CBA) has followed the lead of the Australian Securities and Investments Commission (ASIC) and is asking for a detailed public register of financial advisers in a submission to the Senate inquiry on the regulator's performance.

Investec launches banking products for advisers

LAURA MILLAN  |  MONDAY, 18 NOV 2013
Investec Australia is tapping into the financial planning sector with the launch of a personal banking offering for advisers.

Advisers leave China and turn to US growth

LAURA MILLAN  |  FRIDAY, 15 NOV 2013
US strength is piquing Australian investor interest in global equities, with financial advisers encouraging clients to reduce exposure in China and turn to US assets.

Sinodinos hints at relaxing conflicted remuneration rules

MARK SMITH  |  THURSDAY, 14 NOV 2013
Assistant Treasurer Arthur Sinodinos has suggested that some forms of remuneration currently regarded as conflicted may be allowed under the government's amendments to the Future of Financial Advice (FoFA) reforms.

Asteron encourages advisers to go digital

LAURA MILLAN  |  THURSDAY, 14 NOV 2013
Asteron Life is encouraging its advisers to go digital by offering an extra 10% commission in the first year to financial planners who write new business using the online application process.

SMSF trustees suffer "unacceptably poor advice"

LAURA MILLAN  |  WEDNESDAY, 13 NOV 2013
Self-managed super fund (SMSF) trustees are suffering "an unacceptably high level of poor advice" when it comes to set up and administering their funds.

Hood Sweeney merges with Shearer + Elliss

MARK SMITH  |  WEDNESDAY, 13 NOV 2013
Professional services and advice firm Hood Sweeney has merged with accounting firm Shearer + Elliss.