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Financial Planning

Planners cycle for charity

MEDIA RELEASE  |  FRIDAY, 23 JUL 2010
Two of the founding trustees of financial planning foundation, Future2, will cycle 1,250km from Bourke to Sydney to raise money for disadvantaged young Australians.

FPA maintains stance on commission ban

MICHAEL HOBBS  |  THURSDAY, 22 JUL 2010
Financial Planning Association (FPA) chief executive, Mark Rantall, said the industry body would pursue its strategy to move away from commission-based remuneration irrespective of the election result.

Advice goes direct to retail shopfronts

From super funds to banks and financial planning groups, the industry is divided between those that are pinning their future growth and consumer engagement strategy through walk-in financial advice shops and those that are sticking with a more traditional ...

AFAC and APESB launch fresh debate on fiduciary duty

MICHELLE BALTAZAR, MEDIA RELEASES  |  MONDAY, 19 JUL 2010
Major accountant-based financial advisory firms including Count Financial, PIS and Securitor have formed a new alliance in response to draft proposals from the accounting ethical standards board banning its members from charging asset-based fees from ...

The octopus on fees versus commissions

ALEX DUNNIN  |  THURSDAY, 15 JUL 2010
An iPhone app based on Paul the Octopus is undecided whether adviser remuneration should tilt towards fee for service rather than stay with commissions as the default payment method.

Planners rank high on client scorecard

RUTH LIEW  |  THURSDAY, 15 JUL 2010
People who use planners love the services they get, but those who have never dealt with planners directly are skeptical, research shows.

Platforms up 30pc to $391bn

ALEX DUNNIN  |  THURSDAY, 15 JUL 2010
The 90 percentage point turnaround in equity returns in the year to end March has propelled a 30 per cent bounceback in the size of the platform market.

Planners turn property experts

MICHAEL HOBBS  |  WEDNESDAY, 14 JUL 2010
A property research group is capitalising on demand from non-aligned financial planners seeking to provide their clients with residential property advice.

Macq taps planner needs for mortgages

PRESS RELEASE  |  MONDAY, 12 JUL 2010
Macquarie Bank has launched a range of home loan products to cater for financial planners who want to expand their mortgage-related services.

Praemium preps more advisers to fee-for-service world

RUTH LIEW  |  FRIDAY, 9 JUL 2010
Praemium is expanding its planner target market by 80 per cent as the firm rolls out SMARTwrap - a service aimed at both fee-for-service and commission-based advisers, and those transitioning to a fee structure.