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Financial Planning

ING grows with self-employed advisers

COMPANY RELEASE  |  WEDNESDAY, 1 JUL 2009
ING is extending its financial planning base to include self-employed advisers.

ETFs won't phase out index funds: Bowerman

MICHAEL HOBBS  |  WEDNESDAY, 1 JUL 2009
The growth of exchange traded funds (ETFs) will not undermine the growth of traditional index fund products, according to Vanguard Investments.

Matrix celebrates 10 years

COMPANY RELEASE  |  TUESDAY, 30 JUN 2009
Independently-owned dealer group Matrix Planning Solutions Limited is celebrating its 10th year of operations - quadrupling its size over the past decade.

Retirement platforms growing fastest

ALEX DUNNIN  |  TUESDAY, 30 JUN 2009
Eight of the ten fastest growing platforms are retirement products, confirming that the sector is fast becoming a wealth management heavyweight, reveals new research from Rainmaker.

Dixon action on Premium gains momentum

MICHAEL HOBBS  |  MONDAY, 29 JUN 2009
Dixon Advisory and Superannuation Services chief executive, Alan Dixon, said the firm's call to change how Premium Investors operates has the support of many of the listed investment company's shareholders.

The quest for independent advice

MICHELLE BALTAZAR  |  FRIDAY, 26 JUN 2009
The UK regulator's proposal to ban commissions on investment advice fuels fresh debate on the future of the local financial planning industry with experts divided on how far the industry, has come and where the real problems lie.

UK planners face new advice regime

MICHELLE BALTAZAR  |  FRIDAY, 26 JUN 2009
The UK's financial services regulator, the Financial Services Authority (FSA), has proposed sweeping reforms to help consumers get 'independent advice', including an end to commission-based investment advice by 2012.

Rev mortgage guide "out of date": RBS

MICHAEL HOBBS  |  FRIDAY, 26 JUN 2009
The Royal Bank of Scotland (RBS) has criticised a reverse mortgage report - citing it contains case studies that are out of date.

Broker gets permanent ban from ASIC

COMPANY RELEASE  |  THURSDAY, 25 JUN 2009
ASIC has permanently banned Mark William Clough from providing financial services after conducting business without an AFSL and pocketing $43,500 of his client's funds.

Market Wrap - Morning

AAP  |  THURSDAY, 25 JUN 2009
The Australian share market is expected to open in positive territory after US stocks finished mostly higher overnight.