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Financial Planning

Robbie Bennetts takes stake in Beacon

MARK SMITH  |  THURSDAY, 27 JUN 2013
Former Professional Investment Services (PIS) managing director Robbie Bennetts will take a stake in recently formed independent dealer group Beacon Financial Group.

Guardian Advice invests in WA planning firm

MARK SMITH  |  WEDNESDAY, 26 JUN 2013
Risk specialist dealer group Guardian Advice has launched its new Practice Equity Model with its first equity investment in West Australian-based financial planning firm Capital Managers.

Centrepoint set to complete full AAP acquisition

LAURA MILLAN  |  WEDNESDAY, 26 JUN 2013
Centrepoint Alliance Limited is set to complete a full acquisition of Associated Advisory Practices Group (AAP) and Associated Advisory Practices Group Number 2 (AAP2).

AFA Adviser of the Year hands back AFSL, joins Affinia

LAURA MILLAN  |  WEDNESDAY, 26 JUN 2013
Adviser Troy Edmondson has handed back his Australian financial services licence (AFSL) and is going to joining Affinia because compliance obligations were taking him away from his clients, he said.

Whittaker Macnaught advisers to operate under Financial Wisdom

LAURA MILLAN  |  TUESDAY, 25 JUN 2013
Former Whittaker Macnaught advisers will operate under Commonwealth Bank-owned Financial Wisdom Australian Financial Services Licence (AFSL).

Guardian Advice monetises new medical service for advisers

MARK SMITH  |  TUESDAY, 25 JUN 2013
Risk specialist dealer group Guardian Advice has launched a medical and pathology service, in partnership with Health Predictions, for advisers to easily refer clients and get a share of the profits.

Accountants eye full AFS licence

LAURA MILLAN  |  MONDAY, 24 JUN 2013
The accountant community is showing interest on getting a full Australian financial services (AFS) licence rather than a limited one, Count Financial (Count) chief executive David Lane told Financial Standard.

ASIC proposes stricter training requirements for advisers

LAURA MILLAN  |  MONDAY, 24 JUN 2013
The Australian Securities and Investments Commission (ASIC) has proposed an increase in the knowledge and skill requirements for financial planners.

Shelf space battle heats up in US platforms

ALEX DUNNIN  |  MONDAY, 24 JUN 2013
The consolidation of platforms in the US is forcing asset managers to compete harder for shelf space, while at the same time trying to protect advisers, according to new research.

Advisers face shrinking market as super funds merge

JAMES FERNYHOUGH  |  FRIDAY, 21 JUN 2013
Financial advisers face a shrinking market and increased competition as the government's StrongerSuper reforms force smaller superannuation funds to merge, according to Jenny Wilcocks, a partner at law firm Holding Redlich.