FINANCIAL PLANNING GROUP

Funds management

Wealthy and Wise Lifestyle Planning will be opening a chain of retail shopfronts that will serve as one-stop-shops for both financial advice and real estate services....

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Financial planning

The Commonwealth Bank of Australia has named the corporate regulator, along with itself and Storm Financial, as one of the key stakeholders involved in the circumstances ...

Editorial

Class action launched in 2007 to recover investors' losses in Westpoint property developments....

Financial planning

Majority of clients repaying their loans according to contract; 14 hardship applications approved....

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Financial planning

The chief executive of the Commonwealth Bank of Australia has admitted there were "shortcomings" relating to loans granted to clients of the failed financial planning gro...

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Financial planning

Count chairman points the finger at Australia's financial services licensing system as the biggest impediment to a safe environment for investors....

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Financial planning

Storm Financial and its former offshoot, Victorian Families Retirement and Investment Group, will meet in court in Brisbane today in what is believed to be the formal end...

Financial planning

Storm's Geelong-based offshoot – Victorian Families – has been placed in provisional liquidation by the group’s administrators. But there are concerns its former clients,...

Financial planning

Details regarding the circumstances of the former clients of Storm Financial have emerged in the business profile created by business brokers Kenyon Prendeville....

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Financial planning

Newspaper reports suggest the Commonwealth Bank is seeking to head off prolonged litigation with Storm Financial clients by negotiating private settlements. The move foll...

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Financial planning

Colonial Geared Investments sold down Storm Financial shares without instruction but claims Storm's response was inadequate....

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Financial planning

Chief executive denies reports the company is seeking to provide financial planning advice in the future....

Financial planning

But details of professional breaches will remain unknown....

Editorial

The unravelling of Storm Financial underscores much of what is wrong in the financial planning industry, writes Paul Resnik....

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Financial planning

Groups discussing next steps....

 

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Big Feller

This can't be a surprising development. I'm sure every Financial Planner in Australia has had an experience of being sc...

6 hours ago
One foot out the door

Just 15 per cent of advisers said they may exit the industry over the next few years, Thats about 2,300 advisers! if ...

11 hours ago
Craig Offenhauser

I think Mr. Toohey's conclusions and extrapolations are "currently" merging on the typical SMSF issue of "....prone to ...

3 days 5 hours ago

AustralianSuper and Australian Retirement Trust have posted the financial results for the 2022–23 financial year for their combined 5.3 million members....

10 months ago

A $34 billion fund has come out on top with a 13.3 per cent return in the last 12 months, beating out mega funds like Australian Retirement Trust and Aware Super. ...

9 months 2 weeks ago

The verdict in the class action case against AMP Financial Planning has been delivered in the Federal Court by Justice Moshinsky....

10 months ago