financial planning industry

Financial planning

Financial advice oligopoly trend may hurt planners

The apparent eruption of a financial planning distribution turf war in the immediate aftermath of the acquisition of Count Financial by the Commonwealth Bank has led to w...

Financial planning

Financial planning industry tackles code of conduct confusion

The code of conduct carve-out to opt-in requirements has led to questions over what happens when there is a disparity between the approach of licensees and the obligation...

Policy & Regulation

Bill Shorten's opt-in a 'dummy'

The Federal Opposition believes some segments of the financial planning industry got 'sold a dummy' on the manner in which approved industry codes of conduct would 'obvia...

Financial planning

Sales and social media 'bigger than FOFA'

Direct sales of financial products and the use of social media for business purposes have grown to become bigger factors than FOFA for financial advisory practices, accor...

Funds management

Counting Barry Lambert’s contribution

The founder of Count Financial, Barry Lambert, has been awarded Money Management’s Lifetime Achievement Award for 2012....

Financial planning

Financial planners welcome St John recommendations on product issuers

Financial planners have welcomed St John report recommendations suggesting product issuers accept greater responsibility. ...

Financial planning

Accounting bodies take aim at financial planners

A recent newspaper advertisement that equates financial planning with the sale of financial products misunderstands the role of advisers, says AFA chief executive Richard...

Editorial

Why financial planners need friends in high places

If the financial planning industry has learnt one lesson from the FOFA process, it is the vital importance of political activism, writes Mike Taylor....

Financial planning

Financial planning industry still highly competitive

Despite the largest institutions holding almost half the market share, the financial planning industry remains highly competitive, according to a report published by IBIS...

Financial planning

Financial advisers need to be realistic when seeking an independent licensee

Financial advisers seeking more independence in providing a broader range of products and services need to take a pragmatic approach when making the decision to switch li...

Editorial

Will Bill Shorten deliver on his FOFA promise?

In the lead up to the Federal Budget it remains to be seen whether the Minister for Financial Services, Bill Shorten, will deliver on legislating the restricted use of th...

Editorial

ISN advertising reflects good financial advice

Financial planners should take heart that the Industry Super Network appears to have changed the 'messaging' contained in its television advertising....

Policy & Regulation

Carrying the cost of FOFA

The financial services industry may be obliged to dig deeper to fund the implementation of the Government's Future of Financial Advice changes as well as its Stronger Sup...

Editorial

Why the FOFA infighting needs to end

Some of the players might not approve of the way in which the FOFA bills will ultimately be shaped but, as Mike Taylor reports, a Money Management roundtable has conclude...

Editorial

Questions swirl around FPA's FOFA deal

A document purporting to be the outline of an agreement on FOFA struck between the Financial Planning Association and the Industry Super Network caused furore in the indu...