financial advice

Financial planning

Perpetual focused on HNW financial advice; growth

Outsourcing platform administration to Macquarie will help Perpetual to increase its focus on high net worth clients and increase its scale and capabilities, according to...

Financial planning

Perpetual focused on HNW financial advice; growth

Outsourcing platform administration to Macquarie will help Perpetual to increase its focus on high net worth clients and increase its scale and capabilities, according to...

Financial planning

Online financial advice needs specific guidelines

The Australian Securities and Investments Commission (ASIC) believes the liability for scaled online financial advice should fall on a financial planner, but a lack of sp...

Financial planning

Cost a catalyst to low financial planning uptake

Financial planning fees are the most commonly mentioned barrier to consumers taking up financial advice, according to CoreData's latest mystery shopping exercise conducte...

Financial planning

Elixir launches financial planning pricing research

Elixir Consulting has launched a follow-up survey to its Adviser Pricing Models Research which looks at obstacles and methods used by financial planners in creating a fee...

Superannuation

Bendigo enters retail superannuation market

Bendigo Wealth is targeting fee-for-service independent financial advisers (IFAs) with the launch of a low-cost, 'true-to-label' superannuation product called SmartStart ...

Policy & Regulation

FOFA and its dates need amendment: AFA

Detail is still missing from recently announced draft Future of Financial Advice reforms, and the 2012 implementation dates for some changes are too soon for industry par...

Policy & Regulation

ISN offers help to Govt on fine detail of FOFA

The Industry Super Network has welcomed the second tranche of FOFA and offered help to Govt on developing the fine detail....

Policy & Regulation

Financial Ombudsman Service on its own after FOFA introduction

When the "best interests" duties contained in the Future of Financial Advice (FOFA) reforms become law, the lack of a legal precedent will see the Financial Ombudsman Ser...

Financial planning

A minority of financial planners receive soft-dollar benefits over $300

Almost half of financial planners have received soft dollar benefits from businesses other than their dealer group, but only 7 per cent were given incentives valued over ...

Policy & Regulation

AFA calls on PM to outline real FOFA agenda

Prime Minister Julia Gillard's strong support for the Industry Super Network on opt-in has prompted calls by the AFA for a declaration of the Government's real agenda....

Policy & Regulation

FOFA not an end for non-aligned groups

Independent dealer groups can still thrive in the post-Future of Financial Advice environment given the right structure, according to the Australian Financial Services (A...