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Financial Planning

Fee-for-service products gain pace

ELISE BURGESS  |  FRIDAY, 12 NOV 2010
With the deadline for proposed fee-for-service regulation closing in, new planning products and services are being launched to help planners handle the transition.

Infocus awards advisers

ELISE BURGESS  |  MONDAY, 8 NOV 2010
Financial planning network Infocus Money Management has acknowledged its top advisers at its annual conference and gala awards held 28 October.

Bank planners more trusted than family: survey

RUTH LIEW  |  MONDAY, 8 NOV 2010
The onus is on bank-aligned financial planners to lead the way in providing professional advice after a national survey released this month found that two in five Australians are more likely to depend on the big four banks for advice ahead of their family.

MLC to launch platform

ELISE BURGESS  |  THURSDAY, 4 NOV 2010
MLC and NAB Wealth will launch a new full service wrap platform in early 2011, following through plans to build its wealth management arm.

Insurance shows industry divide

ELISE BURGESS  |  WEDNESDAY, 3 NOV 2010
The latest AMP Poll has highlighted the issue of division within the financial planning industry between risk management specialists and those who see it as an add-on.

Commonwealth Fin Plng compensates investors

ASIC RELEASE  |  WEDNESDAY, 3 NOV 2010
Commonwealth Financial Planning will implement a major client compensation program after an ASIC investigation.

Platforms control market, not advisers

ALEX DUNNIN  |  WEDNESDAY, 3 NOV 2010
The country's six largest platforms control three-quarters of their market while the six largest planning groups control less than half of their market, suggesting where the power to influence the financial advice industry really lies, research shows.

Shorten delays tax services regime

ELISE BURGESS  |  TUESDAY, 2 NOV 2010
The government is giving financial planners an additional extension before they have to comply with the tax agent services regime.

Lack of confidence impedes adviser referrals

ELISE BURGESS  |  MONDAY, 1 NOV 2010
Increasing levels of existing client referrals provide more opportunity for boutique financial planning firms to build their revenue and business, according to Macquarie Practice Consulting.

More products, more support for planners: BTIM

RUTH LIEW  |  MONDAY, 1 NOV 2010
BT Investment Management will increase the support it gives to financial planners and roll out new products for the retail market as part of its expansion plan, the firm said after announcing a cash net profit after tax of $30.9 million this morning.