financial planners

Funds management

Time to drive the ‘spruikers’ out of investment property: DomaCom

Regulation of the investment property sector will help financial planners to push spruikers out of the area and provide clients with more protection, DomaCom believes....

Financial planning

TASA draft regulations to waive conditions for planners

The draft Tax Agent Services Act regulations have proposed waiving tax and commercial law course requirements for financial planners with relevant experience....

Policy & Regulation

Cormann’s FOFA reforms plan gets mixed reaction

Industry lobbyists are giving the Federal Government’s decision to plough ahead with the implementation of some elements of the Future of Financial Advice reforms a mixed...

Financial planning

Planners should ask hard questions to keep clients

Planners working with high net worth clients need to be across their full financial picture to avoid losing control according to the head of a family office advice busine...

Financial planning

Investec sale to boost adviser banking push

Specialist bank Investec will boost its adviser banking services push after the sale of its specialist lending business to the Bank of Queensland. ...

Financial planning

Planners’ reputation rests with co-regulatory model: FPA

Restoring the reputation of financial planners could depend on a co-regulatory model, where the industry sets and monitors its own scrupulous standards, the FPA says. ...

Policy & Regulation

Let FOFA reforms bed-in: ISA

Industry Super Australia (ISA) has reiterated its view that Future of Financial Advise (FOFA) reforms should be given time to deliver benefits to consumers before new cha...

Financial planning

Planners can command competitive salaries...for now

Acute skill shortages in the wealth management sector have given planners the leverage they need to demand higher salaries, a survey has revealed. ...

Financial planning

Planners shifting away from benchmark hugging managers

Planners have rejected mainstream broad cap managers clustered around the benchmark opting for a mix of passive investments and specialist active managers....

Financial planning

Penalties not harsh enough: ASIC

Penalties for financial planners who breach the law are not severe enough, the Australian Securities and Investments Commission believes....

Financial planning

CFS tops platform rankings

Colonial First State has consolidated its position at the top of the Wealth Insights platform rankings....

Financial planning

Baby boomers make up four out of five dollars under advice

An ageing population has meant retirees and pre-retirees now make up 66 per cent of financial planning clients and 82 per cent of planner funds under advice...

Funds management

Fund Manager of the Year 2014: ETF Provider of the Year

Vanguard Investments Australia has been named ETF Provider at the Money Management/Lonsec Fund Manager of the Year Awards, improving on its standing as a finalist in this...

Financial planning

Advice costs rise 33% post-FOFA

The FSC claims the cost of providing financial advice has risen 33 per cent post-FOFA and the Government’s amendments will reduce this by a third....

Financial planning

Commissions to cost consumers $7.5b: report

Consumers face additional fees and charges of up to $530 million a year if the Federal Government backs proposals to reintroduce commissions, a report from Rice Warner re...