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

Financial Planning

Stakeholders form retirement panel to assist advisers

LAURA MILLAN  |  THURSDAY, 24 OCT 2013
Industry stakeholders have formed a Panel for Retirement that will assist advisers in meeting the investment needs of their clients through white papers and research.

Aged care costs to rise as complexity increases

LAURA MILLAN  |  THURSDAY, 24 OCT 2013
The aged care reform due to start from July 1, 2014, is likely to increase the complexity of the sector's rules, which will raise the costs of aged care services and put further financial strain on families.

Advice main concern in FOS investment disputes

LAURA MILLAN  |  WEDNESDAY, 23 OCT 2013
Financial advice keeps being the main concern for consumers who lodge investment-related claims to the Financial Ombudsman Service (FOS).

Advisers, get ready to manage the baby boomer wave

LAURA MILLAN  |  WEDNESDAY, 23 OCT 2013
Advisers' next great challenge will be managing the volume and the expectations of baby boomers coming into retirement, KPMG partner and demographer Bernard Salt said.

SMILEYS 2014 deadline looms

STAFF WRITERS  |  TUESDAY, 22 OCT 2013
Financial advisers have less than a week to get their entries in for this year's Financial Standard Social Media Influence Leadership + Excellence Scholarship (SMILEYS).

ASIC acted only when claims hit "tsunami level"

LAURA MILLAN  |  MONDAY, 21 OCT 2013
A former employee of the Australian Securities and Investments Commission has condemned the fact that the regulator acted only when the volume of complaints "reached tsunami level."

FPA confronts advisers with their worst nightmare

LAURA MILLAN  |  FRIDAY, 18 OCT 2013
The Financial Planning Association (FPA) has confronted advisers at the annual Conference with the case of a young disabled woman who took $800,000 to a financial planner and lost it all due to bad advice.

Advisers dismiss Medicare-style advice service

JAMES FERNYHOUGH  |  FRIDAY, 18 OCT 2013
Financial Planning Association (FPA) chair Matthew Rowe has dismissed the idea of introducing a Medicare-style financial planning service, saying it would be too expensive.

Advisers need to overcome financial planning stigma

LAURA MILLAN  |  FRIDAY, 18 OCT 2013
The industry needs to face the fact that people trust their own financial planner, but they don't have confidence in financial planning as a general concept.

Grandfathering pushes self-licensing

LAURA MILLAN  |  THURSDAY, 17 OCT 2013
Uncertainty around the grandfathering provision of the Future of Financial Advice regulations has made a self-license more appealing for advisers looking to leave their dealer group.