FINANCIAL PLANNING GROUP

Funds management

Wealthy and Wise Lifestyle Planning will be opening a chain of retail shopfronts that will serve as one-stop-shops for both financial advice and real estate services....

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Financial planning

The Commonwealth Bank of Australia has named the corporate regulator, along with itself and Storm Financial, as one of the key stakeholders involved in the circumstances ...

Editorial

Class action launched in 2007 to recover investors' losses in Westpoint property developments....

Financial planning

Majority of clients repaying their loans according to contract; 14 hardship applications approved....

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Financial planning

The chief executive of the Commonwealth Bank of Australia has admitted there were "shortcomings" relating to loans granted to clients of the failed financial planning gro...

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Financial planning

Count chairman points the finger at Australia's financial services licensing system as the biggest impediment to a safe environment for investors....

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Financial planning

Storm Financial and its former offshoot, Victorian Families Retirement and Investment Group, will meet in court in Brisbane today in what is believed to be the formal end...

Financial planning

Storm's Geelong-based offshoot – Victorian Families – has been placed in provisional liquidation by the group’s administrators. But there are concerns its former clients,...

Financial planning

Details regarding the circumstances of the former clients of Storm Financial have emerged in the business profile created by business brokers Kenyon Prendeville....

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Financial planning

Newspaper reports suggest the Commonwealth Bank is seeking to head off prolonged litigation with Storm Financial clients by negotiating private settlements. The move foll...

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Financial planning

Colonial Geared Investments sold down Storm Financial shares without instruction but claims Storm's response was inadequate....

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Financial planning

Chief executive denies reports the company is seeking to provide financial planning advice in the future....

Financial planning

But details of professional breaches will remain unknown....

Editorial

The unravelling of Storm Financial underscores much of what is wrong in the financial planning industry, writes Paul Resnik....

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Financial planning

Groups discussing next steps....

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MARKET INSIGHTS

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

3 weeks ago

This verdict highlights something deeply wrong and rotten at the heart of the FSCP. We are witnessing a heavy-handed, op...

3 weeks 5 days ago

Interesting. Would be good to know the details of the StrategyOne deal....

1 month ago

Insignia Financial has confirmed it is considering a preliminary non-binding proposal received from a US private equity giant to acquire the firm. ...

6 days 2 hours ago

Six of the seven listed financial advice licensees have reported positive share price growth in 2024, with AMP and Insignia successfully reversing earlier losses. ...

1 day 17 hours ago

Specialist wealth platform provider Mason Stevens has become the latest target of an acquisition as it enters a binding agreement with a leading Sydney-based private equi...

21 hours 26 minutes ago