fee-for-service

Financial planning

Your Prosperity, the Lend Lease online investment website, has revamped its service to offer entry into its master fund and share trading without advice....

Financial planning

Wraps and master trusts – Wrap or trap – understanding the difference

In discussions with financial planners about wrap accounts, it is clear that their full ramifications, potential difficulties and the totality of possible benefits are no...

Financial planning

Merrill rolls out network

Merrill Lynch has made its much-anticipated first move into distribu-tion by recruiting financial planners as part of a plan to reposition itself as a total financial sol...

Financial planning

…as embattled advisers watch super funds start their own planning arms

Independent advisers are coming under growing pressure as several industry funds look to setting up their own financial planning bodies....

Financial planning

Industry funds set their sights on planning arms

Members seeking advice about their superannuation are driving industry funds to form their own financial planning arms....

Financial planning

It’s war! Sealcorp fires salvo in wrap crusade

Despite the absence of a chief executive, Sealcorp has wasted no time firing a new salvo in the rapidly escalating war on wrap accounts, announcing revised terms and cond...

Financial planning

Choose your own revenue base, BBL tells financial planners

A new managed-fund fee structure from BBL Funds Management could potentially change the way financial planners run their businesses....