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Financial Planning

Three step advice to commodities

RUTH LIEW  |  FRIDAY, 20 JUN 2008
If you're thinking of palming a slice of the commodities boom, stop and consider a three pronged alternative strategy that will give you the edge in an SRI-conscious world.

TFSA cuts cost, saves time through Paragem

Total Financial Solutions Australia, a dealer group on the cusp of a major expansion plan, turns to outsourcing specialist Paragem to mind the details as TFSA advisers think big.

Perpetual Series 3 still tax effective

MICHAEL HOBBS  |  THURSDAY, 19 JUN 2008
Perpetual clarified the tax effectiveness of its Protected Investments - Series 3 after the federal government changed the interest rate deductibility of capital protected borrowings.

Planner buying spree tops $17bn

The latest Rainmaker Research reveals more than $17 billion of funds under advice (FUA) has changed ownership in the last six months, resulting in a major reshuffle of the country's top 10 financial planning groups.

Financial Simplicity launches Open Edition

RUTH LIEW  |  THURSDAY, 19 JUN 2008
Managed account provider Financial Simplicity has released an 'Open Edition' technology toolkit tailored for platforms and distribution groups looking to offer their own managed account products.

CBA targets self managed super

WWW.THESHEET.COM  |  THURSDAY, 19 JUN 2008
Commonwealth Bank on Tuesday launched the first offerings from its new structured investments team, aimed squarely at trustees of self managed superannuation funds.

ASIC bans Westpoint planner

MICHAEL HOBBS  |  THURSDAY, 19 JUN 2008
The Australian Securities & Investments Commission (ASIC) banned Western Australian financial adviser David Liddicoat from providing financial services for three years after he misled clients on Westpoint investments.

GESB converts to a 'true' mutual

RUTH LIEW  |  THURSDAY, 19 JUN 2008
WA-based $8.8 billion super fund GESB is next month scrapping its status as a public-servant only super fund and flicking the switch to become a mutual, complete with voting rights and direct member ownership.

AFA launches 2008 Adviser of the Year

The Association of Financial Advisers (AFA) has opened up the nominations for this year's AFA Adviser of the Year Award, marking the sixth year the non-profit advisory body pays tribute to the country's top advisers.

UN PRI assets reach $15tr

MICHAEL HOBBS  |  WEDNESDAY, 18 JUN 2008
The number of signatories to the United Nations Principles for Responsible Investment (UN PRI) doubled in one year to 381 firms representing approximately $14.8 trillion in assets under management.