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FINANCIAL PLANNING

INDUSTRY NEWS

The final draft of a set of international standards for financial planning should be ready for comment next March....

INDUSTRY NEWS

Despite a record haul of enforcement outcomes for the 2002/03 financial year, the Australian Securities and Investments Commission (ASIC) has pledged to be even more ruth...

INDUSTRY NEWS

The Australian Securities and Investments Commission (ASIC) has lost a Full Federal Court appeal against a decision to reinstate the securities dealer licences of Saxby B...

INDUSTRY NEWS

Master trusts are continuing to outstrip their traditional retail fund counterparts in terms of asset grow and fund flows according to actuary and research firm Plan For ...

INDUSTRY NEWS

The Financial Industry Complaints Service (FICS) has hit back following heavy criticism levelled at it by some members last week over its complaint handling procedures, l...

INDUSTRY NEWS

Melbourne-based dealer group Quadrant Securities is reviewing the 50 per cent stake held in it by Challenger Financial Services Group (CFSG) and reassessing $300 million ...

INDUSTRY NEWS

Melbourne-based dealer group Glenhurst Corporation will embark on an aggressive expansion push over the next 12-18 months by hiring up to a dozen new planners to service ...

INDUSTRY NEWS

Lifespan Financial Planning will re-price its Omniport wrap platform by the end of November in response to significant pressure being placed on fees in the market....

INDUSTRY NEWS

Melbourne-based asset manager, APN Funds Management has launched what it claims is the first property fund with self-storage assets....

INDUSTRY NEWS

IOOF has been denounced in a recent Supreme Court ruling after the presiding Judge considered its case plagued with “inconsistencies” and that “virtually every witness wa...

INDUSTRY NEWS

The Financial Industry Complaints Service (FICS) is the subject of widespread industry discontent with a groundswell building in relation to its complaint handling proced...

INDUSTRY NEWS

ING has ended months of industry speculation in relation to management of its RetireInvest dealer group with the appointment of former Snowball Group general manager dist...

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MARKET INSIGHTS

Significant ethical issues there. If a relationship is in the process of breaking down then both parties are likely to b...

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It's not licensees not putting them on, it's small businesses (that are licensed) that cannot afford to put them on. The...

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So we are now underwriting criminal scams?...

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After last month’s surprise hold, the Reserve Bank of Australia has announced its latest interest rate decision....

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A professional year supervisor has been banned for five years after advice provided by his provisional relevant provider was deemed to be inappropriate, the first time th...

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WT Financial’s Keith Cullen is eager for its Hubco initiative to see advice firms under its licence trade at multiples which are catching up to those UK and US financial ...

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