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Financial Planning

Planners prime legal targets for angry clients

ALISON BEVEGE  |  MONDAY, 18 APR 2011
Financial planners relying on research are sitting ducks for legal action in the wake of the Trio Capital superannuation fraud and need to protect themselves, a planner has said.

Fin Services 15pc skill shortage

ELISE BURGESS  |  MONDAY, 18 APR 2011
The financial services industry is facing a 15 per cent skill shortage with financial planning in particular reporting a lack of experienced staff to meet demand.

Trio victims turn on planners

ALISON BEVEGE  |  FRIDAY, 15 APR 2011
Self-managed super fund trustees left without compensation from the Trio fraud debacle have turned on their former financial advisers.

Experts bullish on US despite debt gloom

ALISON BEVEGE  |  FRIDAY, 15 APR 2011
A panel of top investment experts has put the bullish stamp on their outlook for US equities.

Half British consumers won't pay for fin advice

MEDIA RELEASE  |  FRIDAY, 15 APR 2011
More than half of British consumers may not be prepared to pay for financial advice while one third thought such advice would only be worth less than $A450.

Planners needle minister over FOFA

ALISON BEVEGE  |  THURSDAY, 14 APR 2011
Financial Services Minister Bill Shorten fielded prickly questions from financial planners after giving a speech on the Future of Financial Advice reforms at a luncheon gathering yesterday.

FPA calls for naming rights

ALISON BEVEGE  |  THURSDAY, 14 APR 2011
The Financial Planning Association (FPA) has asked Financial Services Minister Bill Shorten to restrict the term 'Financial Planner' to members of an approved professional association only - and he has agreed to take it on board.

Property the key to longevity risk

ALISON BEVEGE  |  THURSDAY, 14 APR 2011
Listed property group Charter Hall says direct property is superior to other defensive assets in fighting a portfolio's longevity risk thanks to its ability to withstand inflation.

Asgard adds funds

ALISON BEVEGE  |  WEDNESDAY, 13 APR 2011
Platform provider Asgard has added 78 new funds to its universe this year, with financial advisers asking for more global and Australian equity options.

Life insurance consuming dormant super fund balances

ALISON BEVEGE  |  WEDNESDAY, 13 APR 2011
More than 25 per cent of dormant superannuation accounts have active life insurance policies causing balances to dwindle through unnecessary fees, new figures show but financial planners can help.