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Financial Planning

Industry "disappointed" at PJC recommendation

LAURA MILLAN  |  TUESDAY, 18 JUN 2013
The financial services industry has expressed disappointment over the report of the Parliamentary Joint Committee (PJC), which yesterday recommended the Parliament not to amend the Tax Agent Services Act (TASA) bill.

Coalition opposes TASA changes

LAURA MILLAN  |  MONDAY, 17 JUN 2013
The Coalition has opposed the changes to the Tax Agents Services Act (TASA) bill on the same day that the Parliamentary Joint Committee is due to present the results of its inquiry to the Parliament.

BT launches adviser website and app

JAMES FERNYHOUGH  |  MONDAY, 17 JUN 2013
BT Financial Group (BTFG) has launched a new website, BT Adviser Services (BTAS), bringing its entire practice management offer into one place.

Dissenting Coalition TASA report could impact independents

LAURA MILLAN  |  FRIDAY, 14 JUN 2013
The Parliamentary debate over the Tax Agent Services Act (TASA) 2009 bill is likely to heat up as the Coalition is reportedly working on a dissenting report that could influence independent MPs.

Asian LGBT advice firm headhunts Aussie planners

MARK SMITH  |  FRIDAY, 14 JUN 2013
Hong Kong-based Financial Partners, the advisory firm behind Asia's first LGBT (Lesbian, Gay, Bisexual and Transgender) wealth management business, is actively recruiting Australian financial planners to the specialist division.

Industry bodies ask PJC for TASA extension

LAURA MILLAN  |  THURSDAY, 13 JUN 2013
Industry bodies have asked the Parliamentary Joint Committee (PJC) for a 12 month extension to allow enough time for the industry to comply with the Tax Agent Services Act (TASA) 2009 bill.

Big groups court AFS advisers with inducements

LAURA MILLAN  |  THURSDAY, 13 JUN 2013
Australian Financial Services (AFS) Group practices have been offered substantial financial deals to join bigger groups after the group entered into administration, according to a former AFS chief executive.

BDMs facing major changes without industry support

LAURA MILLAN  |  THURSDAY, 13 JUN 2013
Business development managers (BDMs) and practice development managers (PDMs) are facing similar challenges as advisers, but they lack support from the industry, research shows.

AIOFP to provide Instreet structured products

LAURA MILLAN  |  WEDNESDAY, 12 JUN 2013
The Association of Independently Owned Financial Professionals (AIOFP) has partnered with Instreet Investment to offer structured products to its members.

Macquarie Wrap launches FDS

LAURA MILLAN  |  WEDNESDAY, 12 JUN 2013
Macquarie Wrap has launched a fee disclosure statement (FDS) functionality ahead of the start of the Future of Financial Advice (FoFA) reforms.