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

Financial Planning

Boomers to postpone retirement

MICHAEL HOBBS  |  TUESDAY, 3 MAR 2009
Almost half of the baby boomer generation in the UK, France, Germany, the US and Australia expect to postpone their retirement because of the global financial crisis, according to a new study.

CHAMP buys Centric Wealth

RUTH LIEW  |  TUESDAY, 3 MAR 2009
CHAMP Private Equity has completed the acquisition of a 75 per cent stake in Centric Wealth and invested $80 million into the boutique advisory firm.

IOOF quadruples platform reach after Skandia buy

MICHELLE BALTAZAR  |  MONDAY, 2 MAR 2009
Financial services group IOOF climbs through the ranks of platforms with the largest share of the non-aligned adviser market when it acquired Skandia Australia and Intech, a move that quadruples its slice of the sub-segment and adds more than $8 billion ...

Adviser charged for contempt of court

MEDIA RELEASE  |  FRIDAY, 27 FEB 2009
Stephen Lewis Matthews of West Pymble has been found guilty in the Supreme Court of New South Wales of contempt of court for breach of orders made by the Court in proceedings previously brought by ASIC.

Plan B buys Strategic

RUTH LIEW  |  THURSDAY, 26 FEB 2009
Australian Securities Exchange-listed Plan B Group has acquired a 62 per cent stake in boutique advisory firm, Strategic Financial Management.

Tassie adviser banned

MICHAEL HOBBS  |  THURSDAY, 26 FEB 2009
ASIC has banned Tasmanian-based financial adviser from providing financial services for 18 months after lying to the regulator during an investigation.

Clients stung by commissioned advice

RUTH LIEW  |  THURSDAY, 26 FEB 2009
Australians who pay advisers by commission risk overpaying for services 13 times too much, according to a new report by Rice Warner Actuaries.

Advisers award top insurers

MICHELLE BALTAZAR  |  THURSDAY, 26 FEB 2009
Asteron and Aviva were the joint awardees of this year's 2008 Life Insurance Company of the Year Award by the Association of Financial Advisers (AFA) and Plan For Life.

Advisers turn to unlisted property

RUTH LIEW  |  WEDNESDAY, 25 FEB 2009
Nine out of ten advisers are considering investing 15 per cent of their client portfolios into unlisted property investments this year, following last year's listed property trust (LPT) fallout.

Capital protected products gain popularity

RUTH LIEW  |  WEDNESDAY, 25 FEB 2009
An increasing number of fund managers are introducing capital protection to their products, with one of the early providers enjoying a 50 per cent spike in new applications month-on-month.