Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Financial Planning

Clients confused about cost of advice

COMPANY RELEASE  |  THURSDAY, 18 MAR 2010
Nearly 44 per cent of Australians think less than $500 is the right price for a five-year financial plan -showing a severe disconnect between the realistic cost of providing comprehensive advice, according to GESB.

Van Eyk travelling quite well: Thomas

MICHAEL HOBBS  |  WEDNESDAY, 17 MAR 2010
Van Eyk didn't make a lot of money last year but it is publishing more research and refusing to budge on how it charges for ratings, said Mark Thomas, managing director at the firm.

Commission on risk products should continue: FPA

COMPANY RELEASE  |  WEDNESDAY, 17 MAR 2010
The Financial Planning Association (FPA) has called for commission payments for risk products to continue, citing fee-for-advice payments on risk products could make life insurance too expensive for clients.

Planners open up to Hamilton Securities

RUTH LIEW  |  WEDNESDAY, 17 MAR 2010
Planners are increasingly in talks with Hamilton Securities, the firm making a takeover bid for debentures of the Timbercorp Orchard Trust - but the question on many planners' minds is what the firm will do with the debentures should they win the bid.

Amundi rebrands funds

PRESS RELEASE  |  WEDNESDAY, 17 MAR 2010
Amundi Asset Management Australia has rebranded its alternative, global fixed interest and global emerging market equities funds.

Magill joins Matrix

RUTH LIEW  |  TUESDAY, 16 MAR 2010
Former chief executive of Statewide Superannuation Fund, Frances Magill, has emerged from retirement to establish a new planning group - Frances Magill Financial Strategists - and recently joined Matrix Planning Solutions.

Matrix drops van Eyk for Morningstar

RUTH LIEW  |  MONDAY, 15 MAR 2010
Matrix Planning Solutions has ended its 10-year relationship with van Eyk and appointed Morningstar as its new research provider.

BT Wrap tackles bigger bulk order trading

COMPANY RELEASE  |  MONDAY, 15 MAR 2010
BT Wrap has introduced a new multi-client bulk order trading facility to improve its platform services to advisers.

ABCs of advice at MLC

COMPANY RELEASE  |  FRIDAY, 12 MAR 2010
MLC is launching its own advice business school to help salaried advisers branch out on their own and succeed in their business.

ING buys 20pc stake in Fortnum

PRESS RELEASE  |  THURSDAY, 11 MAR 2010
ING Australia has taken a 20 per cent stake in Ray Miles' Fortnum Financial Group but Miles said the backing will not affect the practice's business structure.