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Financial Planning

Clients favour modular advice

BEN COLLINS  |  TUESDAY, 4 DEC 2012
Most clients don't want a long, face-to-face interview with their financial planner and business models should change to better meet their needs, research shows.

Advisers leaving out ESG

BEN COLLINS  |  TUESDAY, 4 DEC 2012
Financial advisers should share some of the blame for the slow uptake of retail-level Environmental, Social and Governance investments by their clients, said industry insiders.

Advisers' client numbers down

BEN COLLINS  |  MONDAY, 3 DEC 2012
In the past five years the number of people using a financial planner has dropped 20%, down from three million to 2.4 million, new research shows.

Advisers must gravitate from engagement to guidance: Mercer

BEN COLLINS  |  MONDAY, 3 DEC 2012
Scaled advice is one of the most obvious paths towards success in a brave new world of financial planning, said Mercer's advice industry leader.

Ex-Kangaroo and Storm adviser banned for non-compliance

MARK STORY  |  MONDAY, 3 DEC 2012
ASIC has permanently banned a former Storm Financial Ltd financial adviser from providing any financial services after it found he had engaged in misleading and deceptive conduct and failed to comply with financial services laws.

FPA praises 'truth in labelling' legislation

MARK STORY  |  THURSDAY, 29 NOV 2012
Draft legislation released yesterday states that only those fully licensed and authorised to provide personal financial advice are actually entitled to call themselves a financial planner/adviser.

Accounting firm takes on wealth management

STAFF JOURNALIST  |  THURSDAY, 29 NOV 2012
Accounting firm HLB Mann Judd Melbourne has joined with financial adviser Andrew Lord to create a new wealth management division.

Bendigo and Adelaide Bank to buy fin planning business

BEN COLLINS  |  MONDAY, 26 NOV 2012
Bendigo and Adelaide Bank has entered into an agreement to buy Southern Financial Group's financial planning business, loan book and some of its investments.

ASIC takes action against Storm adviser

BEN COLLINS  |  THURSDAY, 22 NOV 2012
A Storm financial planner has been slapped with an enforceable undertaking by the corporate watch dog after concerns about his advice to clients.

AMP merges fin planning businesses

BEN COLLINS  |  WEDNESDAY, 21 NOV 2012
AMP financial planning business ipac announced yesterday that it would integrate boutique financial advisory firm Tynan Mackenzie under the ipac brand.