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Financial Planning

IOOF remains confident after reporting growth

LAURA MILLAN  |  FRIDAY, 23 AUG 2013
IOOF has reported a $108.8 million underlying net profit after tax (NPAT) for financial year 2013 and remains confident that the business will keep growing despite regulatory changes and business uncertainty.

Countplus blames profit loss on political uncertainty

LAURA MILLAN  |  FRIDAY, 23 AUG 2013
Countplus has reported a net profit after tax loss of 2% for financial year 2013 with its directors saying that the earnings were impacted by falling business confidence, in part due to the upcoming federal election.

WealthSure faces restructure after Court case

LAURA MILLAN  |  FRIDAY, 23 AUG 2013
Perth-based WealthSure has terminated 90 authorised representatives following a Federal Court case against the group and the appointment of a new chief executive.

IPA joins Kaplan in support of ASIC adviser training stance

MARK SMITH  |  FRIDAY, 23 AUG 2013
The Institute of Public Accountants (IPA) has come out in support in of an Australian Securities and Investment Commission (ASIC) proposal that it should not maintain the adviser training register.

Global firm mulls Aussie advice market

LAURA MILLAN  |  THURSDAY, 22 AUG 2013
Global consultancy and risk adviser firm Willis Group has set up a small financial planning business in Australia and is considering the possibility of expanding.

Investor confidence drives advice growth

LAURA MILLAN  |  WEDNESDAY, 21 AUG 2013
The recovery of investor confidence after the global financial crisis is benefiting the financial planning space, which has seen a surge of clients looking for advice.

Wealthsure adviser guilty to criminal charges

LAURA MILLAN  |  WEDNESDAY, 21 AUG 2013
Former WealthSure financial adviser has pleaded guilty to 22 criminal charges following an Australian Securities and Investments Commission (ASIC) investigation.

Global aged care specialists eye Aussie market

LAURA MILLAN  |  FRIDAY, 16 AUG 2013
The increasing demand for aged care services in Australia and the lack of offers have caught the eye of international firms, some of which are beefing up to make an entrance Down Under.

AFS advisers question payment model

LAURA MILLAN  |  FRIDAY, 16 AUG 2013
Former AFS Group advisers are questioning the method through which advisers get paid after a Court ruling has made it unlikely that they will receive the money they are owed by the dealer group.

Planners Best Practice Awards closing soon

STAFF WRITER  |  FRIDAY, 16 AUG 2013
The Financial Planning Association (FPA) will close entries for its Best Practice Awards and the FPA Honorary Awards on 21 August.