planners

Financial planning

NZ opts for planner remuneration transparency

While commission-based remuneration of planners is under greater threat in Australia, the New Zealand Government is opting to pursue a transparency approach around advise...

Financial planning

Good quality advice could save planners from FOS

Financial planners should ensure they are providing good quality advice to avoid ending up in front of the Financial Ombudsman Service (FOS), the Fold Legal has advised....

Financial planning

Does AMP risk a planning client exodus?

While there is talk of higher levels of inquiry from AMP financial planning clients, the degree to which that translates to an exodus to independent financial advisers wi...

Financial planning

Tough rules loom for planners

The Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry has already canvassed a tougher and more effective regulatory and lice...

Financial planning

Licensees wanted remediation ‘opt-in’ says ASIC

The Australian Securities and Investments Commission has accused financial services licensees of wanting to make clients actively opt-in to the remediation process around...

Financial planning

New product launched to improve planner client retention

ActiveLead.net has launched a new product to help financial planners offer active advice to their clients, with the goal of improving client retention....

Financial planning

Planners demand proof of value for money

High fee product manufacturers are going to have to prove their value proposition, according to the latest research from Investment Trends....

Financial planning

When planners get double the punishment of unlicensed operators

The Financial Planning Association has harshly criticised proposals to increase compliance penalties against financial planners to double those imposed against people fou...

Financial planning

Planners will remain part of ANZ’s customer facing proposition

ANZ chief executive, Shayne Elliott has declared that financial planners will be a key part of ensuring nothing appears to have changed following the bank’s disposal of i...

Financial planning

Benefits for planners who embrace fintech

The fintech whitepaper released by the Financial Planning Association has listed the benefits advisers could receive from being adaptive....

Policy & Regulation

FPA wants protection for planners who report breaches

The Financial Planning Association has warned that financial planners who dob-in colleagues for misconduct may not be adequately protected under the Government’s new whi...

Financial planning

Planner demand up, client retention down

New Investment Trends research has revealed that demand for good financial advice has never been higher but planners are struggling to retain clients in an environment wh...

Financial planning

Small planners should contribute to last resort scheme

The big banks should not be the sole contributors to a last resort compensation scheme with small planning groups being made to make up-front contributions, according to...

Policy & Regulation

Planners struggling under regulatory burden says FPA

The Financial Planning Association has told the Productivity Commission that planners are being strangled by the demands and costs of meeting the needs of seven different...

Financial planning

Morrison cites planners on fairness of BEAR

Senior bank executives are being treated little differently to planners under the terms of the Bank Executive Accountability Regime, according to Federal Treasurer, Sco...