financial planning

Financial planning

CBA posts solid quarter but notes impact of advice remediation and regulatory costs....

Financial planning

Women prefer mums over financial advisers

A St George bank survey reveals only 22 per cent of women have sought professional financial advice, while 54.2 per cent are self taught....

Superannuation

Retirement outcomes trump super returns

New Mercer analysis supports need for super funds to focus on members’ retirement outcomes rather than just investment returns....

Financial planning

Clear investment goals needed after interest rate cut

After the official cash rate was cut again on Tuesday AMP Capital has advised retirees to think about their investment strategy goals....

Financial planning

AFA and FPA in accord on Trowbridge

The AFA acknowledges that the approach outlined by the FPA on Trowbridge accords very closely with its own but deadlines remain the issue....

Life/Risk

Advisers feel rushed on Trowbridge

More announcements expected on move from upfront commissions amid advisers feeling rushed on Trowbridge....

Life/Risk

AMP life/risk move acknowledged by AFA

AFA chief executive, Brad Fox, acknowledges leadership of AMP on life/risk changes but urges continued pursuit of a unified position....

Superannuation

Australians need to be proactive about retirement planning

Australians need to pay more attention to their retirement plans, after an international survey revealed 61 per cent of retirees are failing to live out their dreams....

Financial planning

Former adviser ordered to repay client $190k

A Victorian financial adviser has avoided jail after pleading guilty to misleading a client into making a $250,000 investment....

Life/Risk

AMP moves unilaterally on life/risk remuneration

AMP Limited has moved to change remuneration structures around its life insurance offerings ahead of any moves resulting from the Trowbridge recommendations....

Superannuation

ASIC surveils intra-fund advice

ASIC has completed surveillance of intra-fund advice delivered by superannuation funds including whether they’ve extended it to transition to retirement strategies....

Financial planning

Bad planner publicity takes it toll

New research confirms the standing of financial planners has been eroded by persistent bad publicity....

Superannuation

Will super funds move to asset-based fees?

While some industry super funds have been highly critical of planner remuneration based on asset-based fees, new analysis suggests declining membership and rising costs m...