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Financial Planning

Count buys stakes in Victorian and NSW practices

PRESS RELEASES  |  MONDAY, 5 JUL 2010
Count Financial subsidiary, Countplus, has bought stakes in two more businesses for just under $1 million in cash and shares.

BT Wrap signs five-year deal with DKN

PRESS RELEASE  |  FRIDAY, 2 JUL 2010
BT Wrap has signed a further five-year investment platform agreement with DKN Financial Group.

Implemented Portfolios adds four practices

RUTH LIEW  |  FRIDAY, 2 JUL 2010
One month after Implemented Portfolios opened its doors to advisers, four planning firms have signed up to use its portfolio construction services - a trend that looks set to continue in the changing advice landscape, said managing director, Charlie ...

MLC planning arms complete fee-for-service move

MICHAEL HOBBS  |  THURSDAY, 1 JUL 2010
After a four-year transition phase, three of MLC's financial planning businesses have moved to a fee-based model.

UK planners to face tougher standards

ALEX DUNNIN  |  THURSDAY, 1 JUL 2010
The UK Financial Services Authority is imposing yet more compliance hurdles on financial planners, this time requiring them to hold a new Statement of Professional Standing.

Accountants boost AU planner business

COMPANY RELEASE  |  WEDNESDAY, 30 JUN 2010
Australian Unity has established more than 50 relationships with accountants during the last year, and plans to add 130 more by the end of next year to boost planners' business.

Govt provides flexibility on fee for service

MICHAEL HOBBS  |  TUESDAY, 29 JUN 2010
The government is not mandating financial planners use one remuneration structure over another as it consults with the financial services industry on the Future of Financial Advice reforms.

Centrepoint and PIS merger agreement changed

MICHAEL HOBBS  |  MONDAY, 28 JUN 2010
The merger between Centrepoint Alliance and Professional Investment Services (PIS) is expected to go ahead but the agreement has changed.

Finsia launches fin services credential

MICHAEL HOBBS  |  MONDAY, 28 JUN 2010
Finsia has developed the Financial Services Professional (FSP) credential to improve conduct in the industry and enhance the calibre of the financial services workforce.

How the wealthy invest their money

RUTH LIEW  |  FRIDAY, 25 JUN 2010
Australia's high net worth population increased by 34 per cent last year, according to a new report that sheds some light on how the rich allocated their funds just after the peak of the GFC.