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Financial Planning

More platform inflows through SMSFs

RUTH LIEW  |  THURSDAY, 14 OCT 2010
Research from Investment Trends shows more than 75 per cent of planners invest some portion of SMSF inflows through a platform - up from 65 per cent a year ago.

Advice 'opt in' reforms to dictate platform choice

RUTH LIEW  |  WEDNESDAY, 13 OCT 2010
A yet-to-be-published report obtained by Financial Standard reveals that two in five planners will consider switching to a platform that can help them better administer the government's proposed 'opt in' reforms.

AFA announces Rising Star nominees

ELISE BURGESS  |  WEDNESDAY, 13 OCT 2010
Every year, the Association of Financial Advisers (AFA) trawls through its membership base to find out the future leaders of the advice industry. This year, six advisers made it to the shortlist.

Ironstone partners advisers in property

ELISE BURGESS  |  WEDNESDAY, 13 OCT 2010
The issue of investing in residential property, particularly through self managed super funds (SMSF), is highly problematic for financial advisers due to restrictions prohibiting them to offer property-related advice, according to Ironstone Group.

Rise of the new rich

MICHELLE BALTAZAR  |  TUESDAY, 12 OCT 2010
Financial planners have a new tool on hand to work out how best to cater for their next generation of clients following a new wealth report that shows which countries are breeding more billionaires and how they are investing their money.

Planner associations at different stages globally

ELISE BURGESS  |  TUESDAY, 12 OCT 2010
The issue of whether Australian financial adviser associations should be doing more for their members and how they compare to their US counterparts has cropped up in the industry, with many divided on the topic as to the role an association should play.

Adviser departures expected after PIH listing

RUTH LIEW  |  MONDAY, 11 OCT 2010
Professional Investment Holdings (PIH) shareholders will meet late next month to vote on the proposed merger with Centrepoint Alliance and group managing director Grahame Evans said they are anticipating they could lose advisers in the process.

Key planners crucial when planning firms sell

RUTH LIEW  |  MONDAY, 11 OCT 2010
There are many ways to measure how much a financial planning practice or dealer group is worth when it is up for sale or eyeing a public float - high on this list is whether the key advisers are going to stay or not, industry experts say.

Planners receive Wisdom awards

ELISE BURGESS  |  MONDAY, 11 OCT 2010
The annual Financial Wisdom Value of Advice awards recognised five financial planning practices for their contribution to the industry and clients ranging from retirement planning to pro-bono work.

AAT upholds ASIC adviser ban

ASIC RELEASE  |  FRIDAY, 8 OCT 2010
The Administrative Appeals Tribunal has upheld ASIC's decision to ban Joshua David Fuoco from providing financial services for five years, after he engaged in deceptive conduct, including providing defective documents to clients.