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Financial Planning

Paragem sells dealer services to netwealth

CLAIRE MCGREAL  |  MONDAY, 7 NOV 2011
Independent service provider Paragem has sold its dealer services arm to privately owned platform provider netwealth.

DKN and Lonsdale heads leave and form BT advice unit

ELISE BURGESS  |  MONDAY, 7 NOV 2011
Just three weeks after leaving DKN, former chief executive Phil Butterworth, will head up a new BT advice unit along with three executives from the newly-acquired firm, including Butterworth's replacement, Mario Modica.

Advisers distracted by industry funds: RiskStore

ALEX DUNNIN  |  FRIDAY, 4 NOV 2011
Advisers have focused too much on industry funds and not enough on their own value proposition said the insurance professional development service, The Risk Store, in its latest newsletter.

Matrix continues planning member expansion

ELISE BURGESS  |  WEDNESDAY, 2 NOV 2011
Independent Newcastle-based planning firm, PSI Investments, has joined Matrix Planning Solutions as a new member firm just two weeks after it signed a Sydney firm.

AMP planning associations adopt insight products

ELISE BURGESS  |  TUESDAY, 1 NOV 2011
AMP Financial Planners Association, Hillross Advisers Association and General Insurance Advisors Association have adopted a new business insight product to provide strategic guidance during regulatory change.

CFS and Aussie launch planning arm

ELISE BURGESS  |  MONDAY, 31 OCT 2011
Colonial First State and Aussie Home Loans will partner up to launch a new financial planning service next year.

Super strategy needed for retirees

ELISE BURGESS  |  FRIDAY, 28 OCT 2011
Relying on a transition to retirement strategy is not enough, with a new approach to superannuation and changing income needs required to address a lack of understanding in super savings options, said an advice firm.

AMP Financial Services posts strong results

ELISE BURGESS  |  THURSDAY, 27 OCT 2011
AMP Financial Services has recorded strong results with a 21% increase in platform growth for its 2011 third quarter results and a 24% rise in superannuation product, AMP Flexible Super.

ASIC accepts Commonwealth Financial Planning EU

MEDIA RELEASE  |  WEDNESDAY, 26 OCT 2011
ASIC today announced it has accepted an enforceable undertaking (EU) from Commonwealth Financial Planning Limited (CFP) following an investigation into the provision of advice by some of its financial advisers.

MacMillan wins AFA Adviser of the Year

ELISE BURGESS  |  WEDNESDAY, 26 OCT 2011
West Australian financial planner, Troy MacMillan, has taken out the top gong at the Association of Financial Advisers (AFA) annual conference and been named Adviser of the Year for 2011.