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Financial Planning

Taggart receives OAM

PRESS RELEASE  |  MONDAY, 1 FEB 2010
Jim Taggart, national president at the Association of Financial Advisers (AFA), has been awarded an Order of Australia medal.

AMP won't rely on M&A: Dunn

MICHAEL HOBBS  |  FRIDAY, 29 JAN 2010
Craig Dunn, chief executive at AMP, said at a recent conference that the wealth management giant is not pinning its long-term growth strategy purely on merger and acquisitions.

The audacity of Mark Bouris and Ray Miles

MICHELLE BALTAZAR  |  THURSDAY, 28 JAN 2010
Platform and admin providers have less than three weeks to map out a bid that could secure them a landmark contract from a new planning syndicate led by Wizard founder Mark Bouris and ex-Genesys head Ray Miles - but details of the bid suggest any deal ...

Emerging markets look expensive: report

MICHAEL HOBBS  |  THURSDAY, 28 JAN 2010
David Bassanese's exchange traded fund (ETF) research found emerging market stocks are starting to get expensive but it remains bullish on local equities.

AMP and Hillross pledge $18,900 to charity

COMPANY RELEASE  |  THURSDAY, 28 JAN 2010
AMP and Hillross financial planners have pledged $18,900 to the Future2 Foundation, a charity that supports the financially under-privileged.

130/30 strategies slammed for high fees

MICHAEL HOBBS  |  WEDNESDAY, 27 JAN 2010
Some Australian equity extension fund managers, which include 130/30 investment strategies, are charging excessive fees for poor performance, according a report.

Retirement savings gap to reshape Aussie workforce

MICHELLE BALTAZAR  |  WEDNESDAY, 27 JAN 2010
Inadequate retirement savings will force more Australians to work past the average retirement age of 60, creating new challenges for planners when mapping out the right financial plan.

Five Oceans gains China and India fund mandate

MICHAEL HOBBS  |  WEDNESDAY, 27 JAN 2010
Five Oceans Asset Management has been selected by financial planning group Garnaut Private Client Advisers to manage its China and India investment fund.

DKN buys BMG stake

COMPANY RELEASE  |  FRIDAY, 22 JAN 2010
DKN Financial Group has bought a 32 per cent stake in BMG Partners and BMG Financial Planning, a long-term Lonsdale Financial Group associate.

Planners forced to rewrite succession plans

RUTH LIEW  |  FRIDAY, 22 JAN 2010
Ongoing regulatory reviews are casting a shadow on the succession plans of financial advisers due to retire in the next few years, placing a big question mark on how they can value their business.