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Financial Planning

Fiducian on growth path

ELISE BURGESS  |  TUESDAY, 1 MAR 2011
Fiducian Portfolio Services has expanded its financial planning network in the past six months with two more acquisitions underway.

BT Wrap lends more aid to dealer groups

ALISON BEVEGE  |  MONDAY, 28 FEB 2011
Dealer groups can better monitor the services they provide to their financial adviser networks through a suite of new reporting tools available on BT Wrap.

Opposition slams opt-in policy

MATT WOODINGTON  |  MONDAY, 28 FEB 2011
Shadow Assistant Treasurer Senator Mathias Cormann has described the government's proposed opt-in policy as 'fundamentally flawed'.

AIA rolls out service-focused insurance

ELISE BURGESS  |  MONDAY, 28 FEB 2011
AIA Australia plans to differentiate itself from its rivals through a new suite of customer-focused insurance upgrades and more time-saving insurance tools for financial advisers.

AFA takes the lead with consumer campaign

ELISE BURGESS  |  FRIDAY, 25 FEB 2011
The Association of Financial Advisers (AFA) said it sees opportunities in the FOFA reforms and will be looking for ways to work with its members to make the most of the upcoming advice industry changes.

Dealer groups raise stakes in portfolio mgmt

ALISON BEVEGE  |  FRIDAY, 25 FEB 2011
Dealer groups are forming deeper relationships with fewer investment managers, resulting in a surplus of managers, the Institute of Managed Account Providers (IMAP) heard yesterday.

ASIC bans former Storm adviser

ELISE BURGESS  |  FRIDAY, 25 FEB 2011
Former Storm Financial adviser, Stuart Craig Drummond, has been banned from providing financial services for four years following an investigation by the Australian Securities and Investments Commission (ASIC).

IOOF profits surge 22 pc

ALISON BEVEGE  |  THURSDAY, 24 FEB 2011
IOOF Holdings has announced a stellar half-yearly net profit result, rising 21.68 per cent or $8.36 million to $46.92 million for the six months to December.

RI Advice Group targets WA practices

ELISE BURGESS  |  THURSDAY, 24 FEB 2011
RI Advice Group (RI, formerly RetireInvest) plans to recruit five Western Australian financial planning groups to its network this year, starting with Perth-based group Wealth Designers.

FPA slams industry fund 'one track agenda'

ELISE BURGESS, ALEX DUNNIN  |  THURSDAY, 24 FEB 2011
The Financial Planning Association (FPA) has weighed in on the opt-in arguments advocated by sections of the trade union superannuation movement, calling the action "alarmist" and part of the industry funds "one track agenda".