FPEC awards research grants


The FPEC Academic Research Grants recognising commitment to the development of financial planning as an academic discipline have been awarded to University researchers in Queensland and Victoria.
Academics from Deakin University and RMIT in Melbourne and Griffith University in Brisbane received the grants.
Financial Planning Association of Australia (FPA) chief executive, Dante De Gori said: “Academic research is valuable to the profession and many of the projects have resulted in papers being published in the Financial Planning Research Journal.”
The funding pool for the grant grew by $20,000 this year, with the support for research a collaboration designed to encourage strong relationships between tertiary education and the financial planning sector.
Recommended for you
Sequoia Financial Group has declined by five financial advisers in the past week, four of whom have opened up a new AFSL, according to Wealth Data.
Insignia Financial chief executive Scott Hartley has detailed whether the firm will be selecting an exclusive bidder for the second phase of due diligence as it awaits revised bids from three private equity players.
Insignia Financial has reported a statutory net loss after tax of $17 million in its first half results, although the firm has noted cost optimisation means this is an improvement from a $50 million loss last year.
With alternative funds being described as “impossible” for fund managers to target towards advisers without the support of BDMs for education, Money Management explores the evolving nature of the distribution role.