Articles tagged with 'dealer-groups'

Merging industry groups no easy task

22 March 2010 | If the FPA and the AFA are to merge they will have to work through many divisive issues.


Dealers and advisers seize the day

1 March 2010 | Financial planners should take advantage of uncertain times and show leadership, writes Todd Kardas.


Count buys more of DKN

23 February 2010 | Count Financial has lifted its stake in DKN despite the negative response to its earlier purchase of equity.


ASIC launches nationwide licensee audit

28 January 2010 | The Australian Securities and Investments Commission is conducting an exhaustive audit of the operations of the country’s largest Australian Financial Services Licensees.


CBA calls for retention of dealer group rebates

22 January 2010 | The Commonwealth Bank has called for the retention of dealer group rebates and a self-regulatory approach to the removal of commissions from the financial planning industry.


The top 5: Dealer groups

21 December 2009 | As 2009 comes to a close, Money Management looks at the dealer groups that have dominated the industry.


The top 5: Ones to watch

21 December 2009 | As 2009 comes to a close, Money Management looks at the trends and developments that will reshape the industry in 2010.


Regulation: Turning a corner?

14 December 2009 | While much remains unresolved about future government policy and the ultimate shape of financial planning regulation, a good deal is already obvious. Change is inevitable.


No hiding from Ripoll changes

10 December 2009 | The chairman of the Ripoll Inquiry, Bernie Ripoll, has indicated volume rebates paid from product manufacturers to dealer groups are encompassed in the recommendations made by the committee - including the recommendation to cease payments from product manufacturers to advisers.


Next generation of financial planners waits in the wings

27 November 2009 | Dealer groups must adopt programs that encourage practices to employ junior financial planners, according to e-Jobs Recruitment Specialists director Trevor Punnett.


Model portfolios used to combat risk

09:30 AM | Model portfolios are becoming an increasingly popular investment advice option at a time when risk mitigation is a priority for dealer groups.


Consolidation of dealer groups inevitable: Bloch

12 November 2009 | Consolidation of dealer groups will be driven by commercial imperatives, with informal FPA modelling finding it costs smaller dealer groups $126,000 a year to support a single planner compared to around $50,000 for a larger group.


Dealer groups should acquire struggling small firms for 'good of industry'

09:50 AM | Dealer groups should actively acquire small struggling member advice firms for the good of the sector rather than allowing the status quo to continue, according to Kenn Williams, principal of WA advice firm LifeNet, a four-planner member of dealer group Guardian Financial Planning.


Call for national financial planning disciplinary committee

22 September 2009 | A single national financial planning disciplinary committee should be established to replace the disparate committees of the industry associations, according to Anthony Virtue, managing director of Sydney advice firm Virtue & Partners.


Astarra Asset Management reaches $1 billion FUM milestone

21 September 2009 | Sydney-based asset manager Astarra Asset Management has reached a milestone, managing $1 billion dollars of investors' assets, according to chief executive Shawn Richard.


Filtering diluted advice

14 September 2009 | To what degree should dealer groups filter the data they receive from research and ratings houses, asks Mike Taylor.


Securitor chief denies poaching Genesys planners

2 September 2009 | Securitor head Neil Younger has rejected reports that the Westpac dealer group has been actively trying to lure planners away from AXA dealer group Genesys Wealth Advisers.


IOOF posts loss and flags sale of insurance business

27 August 2009 | IOOF Holdings has flagged the sale of its life insurance business in its 2009 annual results, in which it posted a 32.1 per cent loss in net profit to $15.85 million.


GFC spinoff a more educated client base

10 August 2009 | Clients are generally far better informed about the markets and their investments than before the onset of the global financial crisis, according to Alan Harrison, chief executive of dealer group Iris Financial Group.


Strong dealer group demand for CFS tailored platforms

29 July 2009 | Dealer group demand for Colonial First State Customs Solutions has justified its decision to bring the management of the tailored platform solution in-house, according to general manager of distribution Paul Barrett.


Quality support marks best dealer groups

23 July 2009 | Cost is less important than the quality of underlying support when choosing a dealer group, according to a new analysis issued by the Commonwealth Bank.


FPA's short-form SOA given short shrift

23 July 2009 | Few financial planners appear to be fully embracing the Financial Planning Association's latest short-form Statement of Advice sample despite high praise for the FPA leading the way on the issue.


Advisers intent on defying ageing demographic

15 July 2009 | Longstanding projections that an ageing demographic would result in many financial advisers leaving the industry in droves are premature, according to Chris Wrightson, director of broker Centurion Market Maker.


Legislative change prompts fears of a 'Pandora's Box'

14 July 2009 | Dealer groups are concerned about the need to change their Australian Financial Services Licences as a result of the new rules around margin lending.


Netwealth eyes Navigator planners

7 July 2009 | Netwealth has declared its interest in picking up planners unhappy about NAB's acquisition of the Navigator platform.


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1MMFPAAFAmerger Do you support a merger of the Financial Planning Association and the Association of Financial Advisers?
 
58%
 
2%
 
40%

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