dealer groups

Financial planning

Court decision casts doubt on Adviser Service Fees

Recent action in the NSW Supreme Court over the status of Adviser Service Fees when authorised representatives change licensees appears to have raised more questions than...

Financial planning

IFFP advisers come up short

Research conducted by CoreData has suggested Industry Funds Financial Planners come up short in engagement and service skills when compared to their independent or bank-a...

Financial planning

AFS remains acquisitive

AFS considering acquisition opportunities of dealer groups, while also assessing opportunities in general insurance and mortgage aggregation space....

Financial planning

PIS courting more suitors than NAB

One of Australia's few remaining large, non-institutionally owned advice groups is courting four potential institutional equity partners or owners....

Financial planning

No hiding from Ripoll changes

The chairman of the Ripoll Inquiry, Bernie Ripoll, has indicated volume rebates paid from product manufacturers to dealer groups are encompassed in the recommendations ma...

Financial planning

More segmentation of advisers required in dealer groups

There need to be more restrictions placed on the types of products and strategies planners can advise on based on their level of accreditation: Grahame Evans....

Financial planning

Ray Miles starts over

Well known dealer group head Ray Miles is establishing a new dealer group he hopes will represent 'the future of advice'....

Financial planning

Next generation of financial planners waits in the wings

Dealer groups must adopt programs that encourage practices to employ junior financial planners, according to e-Jobs Recruitment Specialists director Trevor Punnett. ...

Financial planning

Ripoll changes will increase client litigation

The Ripoll Inquiry proposals will shift the burden of proof onto advisers when it comes to client claims regarding unsatisfactory performance, said corporate lawyer Peter...

Financial planning

Model portfolios used to combat risk

Model portfolios are becoming an increasingly popular investment advice option at a time when risk mitigation is a priority for dealer groups....

Financial planning

AMPFP improves lending services

AMPFP has struck a deal with Australian Financial Group to improve the services for its mortgage-writing financial planners. The group wrote around $700 million in mortga...

Financial planning

Consolidation of dealer groups inevitable: Bloch

Consolidation of dealer groups will be driven by commercial imperatives, with informal FPA modelling finding it costs smaller dealer groups $126,000 a year to support a s...

Financial planning

APLs under review

Dealer groups are removing investment products en masse from their approved product lists in reaction to the performance of certain asset classes during the global financ...

Financial planning

ASX adds dealer groups to Find a Planner site

Dealer groups recently added to the ASX Find a Planner site include Avenue Capital, FMD Financial and Magnitude. The Association of Independently Owned Financial Planners...

Editorial

Platforms and wraps: A matter of perception

If one thing has been made clear in our examination of platforms and wraps in Money Management, it is that financial planning operates within a highly commercial and, th...