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Financial Planning

Lateral Thinking selects Powerwrap

COMPANY RELEASE  |  TUESDAY, 29 SEP 2009
Melbourne financial planning firm, Lateral Thinking, has selected Praemium-backed Powerwrap as its preferred supplier of portfolio administration platform services.

Tower to upgrade Accelerate platform

RUTH LIEW  |  MONDAY, 28 SEP 2009
Fresh from winning a $600 million insurance mandate from AustralianSuper, Tower is now improving its retail insurance offering with the October launch of its new Accelerated Protection platform.

CFS integrates advice businesses

RUTH LIEW  |  FRIDAY, 25 SEP 2009
Commonwealth Bank of Australia has combined five of the firm's financial planning arms under one umbrella, Colonial First State Advice Business - a move that simplifies the firm's advice structure.

AFA announces Adviser of the Year finalists

Six financial advisers from across the country have been selected as finalists of the seventh Association of Financial Advisers (AFA) Adviser of the Year Award.

Platforms bounce back 7.9 pc

Platform funds under advice jumped 7.9 per cent during the June quarter, recording their first lift in 18 months.

RetireInvest receives facelift

RUTH LIEW  |  WEDNESDAY, 23 SEP 2009
RetireInvest is broadening its advice services in 2010 - incorporating a larger holistic advice model in addition to its traditional retirement planning services, while rebranding to RI Advice Group.

Matrix cuts licensee fees after profit result

MICHAEL HOBBS  |  TUESDAY, 22 SEP 2009
Matrix Planning Solutions has cut the licensee fee it charges its financial planning practices - announcing the decision after posting strong full-year numbers.

Ripoll to headline AFA conference

Members of the Association of Financial Advisers (AFA) will get a chance to discuss the Ripoll Inquiry with the man behind the inquiry himself, after Bernie Ripoll, chair of the Joint Parliamentary Committee on Corporations and Financial Services, agreed ...

Oasis adds two groups and recovers FUM

MICHAEL HOBBS  |  TUESDAY, 22 SEP 2009
Oasis Asset Management is set to increase the number of active financial planners on its platform by 60 per cent after signing on two new dealer groups and, in six months, saw funds under management (FUM) jump from $3.5 billion to $5.4 billion.

Population explosion to reshape wealth and pension

MICHELLE BALTAZAR  |  FRIDAY, 18 SEP 2009
Financial planners and super funds will be catering for a much bigger market than previously thought, after Treasurer Wayne Swan said the population could grow to 35 million by 2049, much higher than earlier estimates.