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Financial Planning

Market Wrap AM

AAP  |  TUESDAY, 29 OCT 2013
The Australian market looks set to open flat as investors wait for the outcome of the Federal Reserve's meeting that will decide whether the central will start tapering its stimulus measures.

Young shy away from joining advice industry

LAURA MILLAN  |  MONDAY, 28 OCT 2013
The number of new advisers entering the industry is insufficient despite numerous initiatives to encourage young people to become financial planners.

Former Bell Potter adviser jailed

LAURA MILLAN  |  MONDAY, 28 OCT 2013
A former Bell Potter Securities adviser who pleaded guilty to dishonest conduct has been jailed for one year by the New South Wales Court of Criminal Appeal.

Problem is weak credit law, not us: ASIC

LAURA MILLAN  |  FRIDAY, 25 OCT 2013
The Australian Securities and Investment Commission claimed that it had limited jurisdiction over the credit industry in its final submission to the Senate inquiry.

Pro bono advice for bushfire victims

LAURA MILLAN  |  FRIDAY, 25 OCT 2013
The Financial Planning Association (FPA) is asking its members to give pro bono advice to victims of the bushfires in New South Wales.

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).