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Financial Planning

AFA urges Independents to help change FOFA

CLAIRE MCGREAL  |  THURSDAY, 8 MAR 2012
The Association of Financial Advisers has written to Independents and other MPs urging their support to change certain elements of the planned FOFA legislation.

Wealthtrac signals expansion

MELANIE TIMBRELL  |  THURSDAY, 8 MAR 2012
Independent superannuation and investment platform provider Wealthtrac has signalled plans for expansion and diversification on the strength of increased FUM.

AMP expands network with Futuro acquisition

MELANIE TIMBRELL  |  THURSDAY, 8 MAR 2012
AMP has taken a 10% minority stake in independent adviser group Futuro Financial Services, with the intention of achieving full ownership within five years.

Adviser banned for chasing commissions

ELISE BURGESS  |  WEDNESDAY, 7 MAR 2012
ASIC has permanently banned a Sydney financial adviser after it was found she falsified more than 60 insurance policies in order to collect the consequent commissions.

FOFA makes assumptions on churning: Synchron

CLAIRE MCGREAL  |  WEDNESDAY, 7 MAR 2012
Independent adviser boutique Synchron has slammed elements of FOFA, claiming it will ultimately lead to advisers being penalised when acting in their client's best interest.

Australian Ethical builds adviser products

ELISE BURGESS  |  THURSDAY, 1 MAR 2012
Australian Ethical to expand its adviser reach with the planned launched of wholesale products.

Netwealth owned Paragem rebrands as Pathway

RACHEL DAVIS  |  THURSDAY, 1 MAR 2012
Paragem's Dealer Services will change its name to Pathway Licensee Services from March 2012, as the business integrates into the netwealth Group.

Social media an important tool for advisers

CLAIRE MCGREAL  |  WEDNESDAY, 29 FEB 2012
Success in social media is all about showing up, getting involved and adding value

Plan B continues eastern state expansion

ELISE BURGESS  |  FRIDAY, 24 FEB 2012
West Australian wealth management firm, Plan B Group Holdings, is continuing expansion to the eastern seaboard and fast-tracking its acquisition of the My Adviser planning network.

Mortgage Choice to launch planning business

ELISE BURGESS  |  THURSDAY, 23 FEB 2012
Mortgage Choice will launch its own financial planning business during the next financial year as part of its own diversification strategy.