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Financial Planning

ASIC sends warning to property spruikers

JAMES FERNYHOUGH  |  THURSDAY, 16 MAY 2013
The Australian Securities and Investment Commission (ASIC) has revoked the credit licence of Money Choice Pty Ltd after an investigation found the company had failed to comply with credit laws.

ASIC drops charges against Westpoint directors

MARK SMITH  |  WEDNESDAY, 15 MAY 2013
Proceedings against former Westpoint directors Norman Carey and Graeme Rundle have collapsed after the regulator discovered a surprise document, two weeks into the trial.

Five new funds added to FirstChoice platform

MARK SMITH  |  TUESDAY, 14 MAY 2013
Colonial First State (CFS) has added five new investment options to its FirstChoice investment platform.

BT expands Wrap Capital Protection funds

LAURA MILLAN  |  MONDAY, 13 MAY 2013
BT Financial Group has expanded the list of managed funds eligible for Wrap Capital Protection as a response to the demand for more retirement-based products.

No middle ground post-FoFA

LAURA MILLAN  |  MONDAY, 13 MAY 2013
Will FoFA be the death-knell for mid-size financial services companies? Industry experts predict that some segments could lose out come July.

Elders Rural sale a growth prospect

LAURA MILLAN  |  FRIDAY, 10 MAY 2013
Elders Rural Services (ERS) sale process is "proceeding well," according to Elders Financial Planning chief executive Helen Lorigan.

SFG pursues mergers on WHK suspension

ALICE URIBE  |  WEDNESDAY, 8 MAY 2013
Financial advice firm SFG Australia (SFGA) is actively pursuing mergers with other accountancy firms, after making the decision to withdraw its proposal with WHK (WHK) Group yesterday.

ASIC warns planners, be careful who you hire

JAMES FERNYHOUGH  |  TUESDAY, 7 MAY 2013
The Australian Securities and Investment Commission has warned financial services licensees to be cautious when hiring new advisers.

BT eyes accountants with new platform

LAURA MILLAN  |  TUESDAY, 7 MAY 2013
BT Financial Group is preparing to address trends in the financial services industry with the launch of the NextGen platform, which eyes both accountants and self-managed super funds (SMSF).

AMP announces national awards recipients

JAMES FERNYHOUGH  |  TUESDAY, 7 MAY 2013
AMP's Charter Financial Planning, has announced the recipients of the Gerald Lippman Perpetual Trophy and the National Value of Advice Award.