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Financial Planning

J.P. Morgan rolls out structured products to planners

MICHAEL HOBBS  |  TUESDAY, 11 MAY 2010
J.P. Morgan is working with financial planning dealer groups to cater to growing demand for white-labelled structured products.

S&P downgrades Challenger Aus Share funds

MICHELLE BALTAZAR  |  MONDAY, 10 MAY 2010
S&P Fund Services has placed the Challenger Australian Share Income Fund 'on hold' and derated the group's Australian Share Fund and Select Australian Share Fund from four stars to three stars, citing resourcing issues.

AFS deal raises Asian opportunities

MICHELLE BALTAZAR  |  FRIDAY, 7 MAY 2010
Dealer group Australian Financial Services Group (AFS) remains mum on the identity of its potential buyer but said the deal could potentially open up its financial planners to clients and products outside Australia, particularly in the broader Asian ...

Veitch wins top AXA adviser award

COMPANY RELEASE  |  FRIDAY, 7 MAY 2010
Michelle Veitch of MAP Financial Strategies in South Australia has won the Gerald Lippman Perpetual Trophy, AXA's top gong at its national annual adviser awards.

AXA pushes for fee-for-service July deadline

MICHAEL HOBBS  |  THURSDAY, 6 MAY 2010
AXA is working with its financial planners to ensure they are compliant with its fee-for-service structure by July this year.

BT and Westpac plan integrated CMA

RUTH LIEW  |  THURSDAY, 6 MAY 2010
BT Financial Group is planning to launch an integrated cash management account with Westpac, creating a new player in the highly-competitive cash management sector.

Paragem targets practices with portfolio service

PRESS RELEASE  |  THURSDAY, 6 MAY 2010
Paragem has launched its portfolio construction and implementation business and aims to attract 10 dealer groups to the service in 12 months.

Savings boost for GenX and GenY

MICHELLE BALTAZAR  |  MONDAY, 3 MAY 2010
The government's proposed reforms to compulsory super give financial planners more reason to look after their next generation of clients.

Ord Minnett raises $600 million

MICHAEL HOBBS  |  MONDAY, 3 MAY 2010
Ord Minnett breaks away from its traditional stockbroking roots by expanding into term deposits, a move that raised more than $600 million in funds in the past six months alone.

AFS considers sale offer

AFS RELEASE  |  THURSDAY, 29 APR 2010
The Australian Financial Services Group Ltd (AFS Group) has received an incomplete offer from an undisclosed buyer to buy all of the issued shares in the company.