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Financial Planning

CHOICE, ISN hit back at associations aspersions

ELISE BURGESS  |  MONDAY, 17 OCT 2011
CHOICE chair and AUSfin member, Jenni Mack, has responded to financial planning association remarks about the parliamentary FOFA Bill on Friday and said they were aware of the disclosure provision and should instead move on as the rest of the industry ...

FOFA reaches parliament with undisclosed feature

ELISE BURGESS  |  FRIDAY, 14 OCT 2011
After many months of discussion, the FOFA Bill has finally reached parliament but planning associations the AFA and the FPA have slammed the motion after a new feature was revealed without prior consultation with the industry.

Alphington targets younger HNW investors with wealth service

MATT WOODINGTON  |  TUESDAY, 11 OCT 2011
Alphington Private Investor Services has changed its business model and licensing arrangements to provide broad wealth management services to the retail space and typically younger clients.

OneVue to expand its UMA platform distribution

CLAIRE MCGREAL  |  TUESDAY, 11 OCT 2011
Platform provider OneVue said talks are at an advanced stage with several new dealer groups and accounting firms to make its unified managed account platform available to them.

Financial planners reluctant to sell up despite uncertain times

CLAIRE MCGREAL  |  FRIDAY, 7 OCT 2011
There's been a massive drop in the number of financial planners looking to sell their practices, despite uncertainty surrounding the implementation of the Future of Financial Advice reforms and the state of the economy.

Advice boutique gets image shake-up

CLAIRE MCGREAL  |  FRIDAY, 7 OCT 2011
Asteron-aligned dealer group Guardian has shed 'financial planning' from its title in a bid to shake-up the company's brand on its 10th anniversary.

FPA reveals advertising impact

MATT WOODINGTON  |  THURSDAY, 6 OCT 2011
The Financial Planning Association claims that its $2 million national consumer advertising campaign is already reaping new business for its members thanks to a surge in online activity.

Snowball chief announces exit plans

ELISE BURGESS  |  WEDNESDAY, 5 OCT 2011
Tony McDonald, chief executive of transitioning planning firm Snowball Financial Group, will leave the company in 12 months but not before spending the year in a new role where he will ready the merged group for industry reforms.

IOOF seals DKN takeover

MATT WOODINGTON  |  TUESDAY, 4 OCT 2011
IOOF Holdings has completed its acquisition of DKN Financial Group after gaining approval from the Supreme Court of Victoria.

AMP opens second retail planning centre

ELISE BURGESS  |  TUESDAY, 4 OCT 2011
AMP has launched its second retail centre for financial planning in Australia, with plans for 18 new and experienced self-employed financial planners to join the walk-in retail financial planning centre.