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FINANCIAL PLANNING FIRMS

Policy & Regulation

Financial planning firms should brace for an influx of legacy complaints in the wake of the Australian Securities and Investments Commission clearing the final regulatory...

People & Products

Stanford Brown has hired a senior business development manager as demand for managed accounts grows. ...

Financial planning

The increasing focus on technical skills from advisers means financial planning firms are forgetting about the soft skills a relationship manager role can bring....

Financial planning

New research suggests SMSF advice is a prime area for consolidation....

Financial planning

ASIC deputy chairman, Peter Kell, says the regulator will be taking a clsoe look at professional indemnity insurance in coming months....

Editorial

With a third of FOS determinations going unpaid the efficacy of Professional Indemnity insurance as a compensation mechanism is under question and, as Mike Taylor reports...

Editorial

While ASIC is right to pursue more timely breach reporting by financial planning firms it should acknowledge that the vast majority more than live up to their obligations...

Financial planning

Financial planning practices on the market are being heavily overpriced because their sellers have failed to adopt a profit-based skew, a broker believes. ...

Financial planning

Financial planning firms and dealer groups would be levied by ASIC according to the number of authorised and employee representatives they have on their books....

Financial planning

The attributes that companies are seeking in financial planners are drastically changing, with sales no longer a must-have skill, writes Milana Pokrajac. ...

Policy & Regulation

Tasmanian Liberal Senator, David Bushby has explained the high cost for planners in complying with an unamended FOFA regime....

Financial planning

ASIC will seek to ban management figures in financial planning firms that are involved in advice failures....

Financial planning

Money Management has named Tupicoffs’ James Kenny its 2013 Financial Planner of the Year. ...

Financial planning

FOS company secretary Nicolas Crowhurst defends its performance on planners, but acknowledges resolving issues without going to his organisation represents a good outcome...

Financial planning

Lawyers target planners as ASIC says PI is a risk management tool rather than a consumer protection mechanism....

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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...

1 week 2 days ago

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

2 weeks 2 days ago

So we are now underwriting criminal scams?...

6 months 2 weeks ago

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

1 week 4 days ago

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...

3 weeks 2 days ago

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 ...

2 weeks ago