Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Financial Planning

FPA expects TASA to require "massive" efforts

LAURA MILLAN  |  WEDNESDAY, 4 DEC 2013
The Financial Planning Association (FPA) expects the advice industry and the Tax Practitioners Board (TPB) to go through "a massive matching process" to determine competency requirements for advisers under the Tax Agent Services Act (TASA).

Planners lax on capital protected product advice: ASIC

JAMES FERNYHOUGH  |  WEDNESDAY, 4 DEC 2013
Many financial advisers have not made sufficient enquiries into their clients' financial circumstances when advising on capital protected products, the Australian Securities and Investments Commission (ASIC) has found.

Financial execs have poor ethics, little regulatory knowledge

LAURA MILLAN  |  TUESDAY, 3 DEC 2013
Most financial service executives admit that career progression is difficult without "flexible" ethical standards and only 12% are confident in their knowledge of the regulatory environment, a CFA Institute research found.

Bankrupt adviser gets nine month ban

STAFF WRITER  |  TUESDAY, 3 DEC 2013
The Australian Securities and Investments Commission (ASIC) has banned a Queensland-based financial adviser from providing financial services after becoming an undischarged bankrupt.

YBR to service corporate super group clients

LAURA MILLAN  |  MONDAY, 2 DEC 2013
Yellow Brick Road (YBR) will provide services to Super Advice Services' client base, a corporate superannuation and insurance provider serving over 50,000 employees in Australia and New Zealand.

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.