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Financial Planning

FPA sets up Treasury taskforce

COMPANY RELEASE  |  FRIDAY, 18 JUN 2010
The Financial Planning Association has established a new taskforce to respond specifically to the FPA's consultation program with Federal Treasury.

Fee-for-service advice made easy

MICHAEL HOBBS  |  THURSDAY, 17 JUN 2010
A financial services research firm has come up with a simple step-by-step process that allows financial planning dealer groups to find out the cost of providing fee for service advice.

Retirees brush off volatility to hold equities long term

RUTH LIEW  |  THURSDAY, 17 JUN 2010
Retirees might want less risk in their investment portfolios, but many tend to brush away recent market fluctuations to maintain a strong bias towards equities, new figures show.

Planners advising ETFs double

RUTH LIEW  |  THURSDAY, 17 JUN 2010
The number of planners advising on exchange traded funds has doubled in the last year - a trend that looks set to continue as investors pump more funds into the sector.

Guardian launches wrap platform

PRESS RELEASE  |  WEDNESDAY, 16 JUN 2010
Guardian Financial Planning has launched Vantage Portfolio Solutions, a platform that gives investors, who have reached their super contribution limit, an alternative channel for their savings.

INGIM tackles retail, welcomes regulatory changes

RUTH LIEW  |  FRIDAY, 11 JUN 2010
Steven Billiet, chief executive of less than six months at ING Investment Management in Australia, gives an update on the firm's distribution strategy and says the company is well-placed to compete with the incumbents amid regulatory reforms.

FPA board member resigns, airs governance concerns

MICHAEL HOBBS  |  FRIDAY, 11 JUN 2010
One of the founders of Matrix Planning Solutions has resigned from the Financial Planning Association (FPA) board due to concerns about the association's governance practices and its fixation on planner remuneration.

Civic joins Financial Index Australia

COMPANY RELEASE  |  THURSDAY, 10 JUN 2010
With succession planning an issue among advisers, Civic Financial Planning has merged with Financial Index Australia to ensure the firm's handover is transitioned smoothly when its principal planners retire.

AXA clarifies possible Wealth.net sale

COMPANY RELEASE  |  WEDNESDAY, 9 JUN 2010
AXA Research has sought to allay advisers' worries on NAB's possible divestment of Wealth.net by clarifying the bank is considering selling the North Wealth.net platform, not the North products and the guarantee attached to these.

Super funds lead advice charge

COMPANY RELEASE  |  TUESDAY, 8 JUN 2010
Super funds will help drive more innovation in the advice sector as intra-fund advice grows.