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Financial Planning

Blue-collar workers shun advice: survey

ELISE BURGESS  |  MONDAY, 21 MAR 2011
A study found that a segment of the Australian population is more likely to fall prey to dodgy financial products because it is 'not their nature' to seek professional financial advice.

NIA changes name

PRESS RELEASE  |  THURSDAY, 17 MAR 2011
The National Institute of Accountants will change its name to the Institute of Public Accountants in May after members voted on changes to the organisation, it said yesterday.

MLC advisers top benchmarking survey

ELISE BURGESS  |  THURSDAY, 17 MAR 2011
MLC's financial advisers earn more than their adviser peers for the third consecutive year, a survey shows.

Flare up over MoneySmart

ELISE BURGESS  |  THURSDAY, 17 MAR 2011
The MoneySmart website, launched this week, has already sparked up old flames between super funds and advisers when the site recommended consumers choose advisers who work on a fee-for-service basis.

Dealer groups stay with Japan, eye opportunities

ELISE BURGESS  |  WEDNESDAY, 16 MAR 2011
Financial planning dealer groups hold firm to their Japan allocations, expressing concerns for consumer confidence while being optimistic about new market opportunities.

Mind the leadership gap: survey

ALISON BEVEGE  |  TUESDAY, 15 MAR 2011
Nearly half of financial services industry professionals think their bosses are not effective or trustworthy, according to a survey of more than 170,000 workers in Australia and New Zealand.

Countplus buys super law firm

MATT WOODINGTON  |  MONDAY, 14 MAR 2011
Countplus increases its presence in Western Australia with the acquisition of Perth-based legal business SuperGeneration by its WA subsidiary McDonald Pynt Lawyers (MPL).

Advisers must justify complex products: ASIC

MATT WOODINGTON  |  MONDAY, 14 MAR 2011
ASIC will clamp down on the misuse of Managed Discretionary Accounts (MDAs) and increase scrutiny on advisers recommending capital guaranteed funds.

Gen Yers turn to social media for financial advice

ELISE BURGESS  |  MONDAY, 14 MAR 2011
Generation Yers are seeking advice much sooner than their parents, but not always from the usual sources, with around 33 per cent using social media for financial advice

Levy to fund $15m ad campaign

ALISON BEVEGE  |  THURSDAY, 10 MAR 2011
The Financial Planning Association (FPA) told members the industry is at a turning point as it outlined a raft of constitutional changes and detailed its new $15 million advertising campaign yesterday.