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Financial Planning

Advisers to boost political clout

RUTH LIEW  |  MONDAY, 8 MAR 2010
Licensees and advisers have a new platform to get a clear message to the Government about the value of advice, at a time when the retail industry "has been found wanting", said AFA chief, Richard Klipin.

State Super Fin Services seeks CIO

RUTH LIEW  |  FRIDAY, 5 MAR 2010
The $8 billion State Super Financial Services is actively looking for a new chief investment officer following the resignation of Oscar Fabian, who is taking up a similar post at VicSuper.

Shadforths appoints QLD general manager

COMPANY RELEASE  |  THURSDAY, 4 MAR 2010
Shadforth Financial Group has hired a general manager and a senior private client adviser, both Queensland-based, as the planning group continues to search for other firms and advisers to join its ranks.

RFM to bring cashflow back to Great Southern MIS

RUTH LIEW  |  MONDAY, 1 MAR 2010
Breaking out from the usual tradition of failed managed investment schemes being wound up, the newly-appointed responsible entity of two Great Southern almond schemes are giving investors another option that could get them more of their capital back.

FPA launches anonymous reporting service

COMPANY RELEASE  |  FRIDAY, 26 FEB 2010
The Financial Planning Association (FPA) has launched its confidential misconduct reporting facility, FPA Confidential.

Adviser search leads to AFS

COMPANY RELEASE  |  FRIDAY, 26 FEB 2010
Financial advisers searching for independence and a better equity deal in the business are switching dealer groups to Australian Financial Services, according to Peter Daly, chief executive and managing director at the dealer group.

Planners can fix their poor public image

ALEX DUNNIN  |  THURSDAY, 25 FEB 2010
Planners have only themselves to blame for their poor public image but this creates the opportunity to turn things around if they focus on how they contribute to the community and deliver a consistent public message.

AXA overseas recruitment drive slows

MICHAEL HOBBS  |  WEDNESDAY, 24 FEB 2010
AXA Australia's financial planning recruitment drive in the UK and South Africa has slowed with the financial services firm adding only two planners from those countries in the past six months.

Count names new chief, profits bounce back

MICHELLE BALTAZAR  |  WEDNESDAY, 17 FEB 2010
Count Financial has appointed a Deloitte actuarial expert, Andrew Gale, as the new CEO, a day before it posted a surge in half-year profits and funds under advice go back to levels reached before the global financial crisis.

Wheels rolling away from commission

RUTH LIEW  |  TUESDAY, 16 FEB 2010
AMP continues on its path away from a commission-based fee model, testing the waters by removing the in-built commissions within the AMP Growth Bond fund.