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Financial Planning

Green light for Milton merger

ELISE BURGESS  |  TUESDAY, 14 DEC 2010
Milton Corporation and Choiseul Investments will merge after gaining 99 per cent shareholder approval, and the combined firm will place planners on the top of its list to do business with next year.

Fin services jobs on the rise

ELISE BURGESS  |  FRIDAY, 10 DEC 2010
No longer in the grasp of the GFC, jobs within the financial services industry have swelled as companies begin to expand once more according to talent consulting firm, Right Management.

Count sees earnings up 20pc next year

JOHN MCDULING  |  THURSDAY, 9 DEC 2010
Planning group Count Financial has issued strong guidance for the next financial year, expecting its earnings per share to rise by some 20 per cent.

Insurance platforms highly preferred: report

ELISE BURGESS  |  THURSDAY, 9 DEC 2010
Some 80 per cent of advisers use platforms to write risk advice, according to latest figures from Investment Trends research.

UniSuper expands advice as member demand rises

ELISE BURGESS  |  WEDNESDAY, 8 DEC 2010
UniSuper plans to expand its financial planning service next year after better-than-expected demand, with thousands of members using it to get general advice while around 700 requested tailored financial plans.

ASIC bans adviser for misleading conduct

ELISE BURGESS  |  WEDNESDAY, 8 DEC 2010
ASIC has banned financial adviser Jenny Tu Quyhn Tran of Naremburn for five years for misleading conduct and deceptive client relations.

BTIM targets planners and boutiques

RUTH LIEW  |  WEDNESDAY, 8 DEC 2010
BT Investment Management plans to buy more businesses to boost its multi-boutique arm and expand its retail products in the coming years to suit planner demand.

More to retirement than super: planner

ELISE BURGESS  |  TUESDAY, 7 DEC 2010
A large-scale retirement survey by AXA backs previous research that majority of Gen Xers wait until the last minute before they start saving for retirement, but one planner makes suggestions on how thirty-somethings can start saving now without digging ...

Magill grows FUA as client base doubles

RUTH LIEW  |  MONDAY, 6 DEC 2010
Nine months after the former chief of Statewide Super set up her own financial planning firm, Frances Magill is advising double the number of clients she initially targeted, and grown the firm's FUA to $5 million.

AMP won't be fifth banking pillar

ALEX DUNNIN  |  MONDAY, 6 DEC 2010
AMP's decision to strengthen wealth management, not banking, should it merge with AXA just made the government's task of bringing more competition in banking that much harder.