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

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

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

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

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...

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

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....

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

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

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

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

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

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