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Financial Planning

Finance industry integrity called into question

LAURA MILLAN  |  THURSDAY, 12 SEP 2013
Stakeholders in financial services have little confidence in the industry's integrity and its capacity to manage conflicts of interest, with almost a third saying that the different sectors don't operate with integrity.

Accounting and advice practices likely to increase mergers

LAURA MILLAN  |  WEDNESDAY, 11 SEP 2013
Recent regulatory changes that allow accountants to provide financial advice under a limited licence are likely to increase the appetite for mergers and acquisitions between accounting and advice practices.

Aussies mainly concerned about super and retiring

LAURA MILLAN  |  WEDNESDAY, 11 SEP 2013
Superannuation and retirement planning are the key areas of concern for Australians who decide to seek financial advice.

Bombora signs first partner, signals more expansion

ALICE URIBE  |  WEDNESDAY, 11 SEP 2013
Independent licensee Bombora Advice has signed on risk protection specialist Complete Risk Analysis (CRA) as its first partner, with more firms expected to jump on board over the coming months.

Elders to axe 10% of workforce

LAURA MILLAN  |  TUESDAY, 10 SEP 2013
Elders will cut 10% of its workforce as part of a business reorganisation which aims to cope with the operating costs of several initiatives that the group has undertaken over the previous years.

Advisers to justify platform choice under best interest

LAURA MILLAN  |  FRIDAY, 6 SEP 2013
Financial planners will have to justify platform choice under the best interest duty provision within the Future of Financial Advice (FoFA) regulation.

Australia to host international advice meeting

LAURA MILLAN  |  FRIDAY, 6 SEP 2013
Australia will host the meeting of the Financial Planning Standards Board (FPSB) for the first time this October.

Advisers' "bickering" looks unprofessional

LAURA MILLAN  |  FRIDAY, 6 SEP 2013
Advisers should try to be less emotional and stop "bickering" with each other if they want to look professional to their clients, a Financial Planning Association (FPA) board member said.

Anne Street SMSF advice falls under ASIC radar

LAURA MILLAN  |  THURSDAY, 5 SEP 2013
Anne Street Partners Financial Services' advice to self-managed super fund (SMSF) clients has raised concerns from the Australian Securities and Investments Commission (ASIC).

FoFA changes, an improvement to advice businesses

LAURA MILLAN  |  THURSDAY, 5 SEP 2013
Features such as the fee for service provision in the Future of Financial Advice (FoFA) legislation are an improvement to financial planning businesses and are attractive to customers, some advisers are saying.