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Financial Planning

Wilson HTM MD resigns on securities buyout plans

ALICE URIBE  |  TUESDAY, 2 JUL 2013
Wilson HTM Investment Group Ltd (Wilson HTM) managing director Andrew Coppin has resigned after the board saw a conflict of interest in his proposal to buy out the company's security business.

Wilson HTM halts trade ahead of announcement

LAURA MILLAN  |  TUESDAY, 2 JUL 2013
Wilson HTM Investment Group has requested a trading halt in its securities ahead of an announcement expected later today.

BT overcharged customers, refunds $2.3m

LAURA MILLAN  |  TUESDAY, 2 JUL 2013
BT Financial Group is refunding Wrap and SuperWrap customers that paid adviser fees in excess of disclosed percentage rates.

Platforms surpass pre-GFC levels

LAURA MILLAN  |  MONDAY, 1 JUL 2013
The platform market has broken funds under advice (FUA) records in the March quarter, after plunging during the global financial crisis (GFC).

Storm founders will face trial

LAURA MILLAN  |  MONDAY, 1 JUL 2013
Storm Financial founders Emmanuel and Julie Cassimatis are set to face trial after the Federal Court decided to dismiss their application for a summary dismissal of the case.

Aon Hewitt partners with EQT

JAMES FERNYHOUGH  |  FRIDAY, 28 JUN 2013
Aon Hewitt has selected Equity Trustees Limited (EQT) to provide an estate planning referral service for its advisers.

WHK renames to Crowe Horwath

LAURA MILLAN  |  FRIDAY, 28 JUN 2013
WHK Group shareholders have decided to change the company's name to Crowe Horwath Australasia.

But industry bodies see FoFA delay "unlikely"

LAURA MILLAN  |  FRIDAY, 28 JUN 2013
Financial industry bodies have said a delay of the Future of Financial Advice (FoFA) regulation asked for yesterday by the Financial Services Council (FSC) chief executive John Brogden is "unlikely".

UK RDR market impacts gathering pace

ALEX DUNNIN  |  FRIDAY, 28 JUN 2013
Four in 10 UK financial advisers believe that, due to the impact of the Retail Distribution Review, within three years they will have closed down, merged or been acquired.

Former Everest CEO banned from financial services

LAURA MILLAN  |  THURSDAY, 27 JUN 2013
Former chief executive of Everest Financial Group Jeremy Michael Reid has been banned from the financial services industry for two years.