financial planning

Financial planning

Advisers feel they are under ‘constant threat’

Increasing compliance burden, technology advancements, fee scrutiny, and questions on the benefit of advice have led the industry to lose one-third of advisers over the n...

Policy & Regulation

Obtaining PI not a big problem claims ASIC

The Australian Securities and Investments Commission is arguing that obtaining professional indemnity insurance is not as big a problem for financial planning licensees a...

Financial planning

Planners might need better mentoring in 2021

Practice owners might need to make team mentoring their priority post-COVID 19 in 2021, Australian Wealth Solutions says....

Financial planning

FASEA regime confirmed as driving early retirements

Retirement was always a primary reason for financial advisers selling their businesses but the Financial Adviser Standards and Ethics Authority has accelerated many retir...

Financial planning

Reg costs passed down to accounting clients

An advice regulatory framework is needed to encourage advisers to provide affordable advice, as some professional accountants who provide advice have passed costs to clie...

Financial planning

Canberra wins AMP University Challenge

Students from the University of Canberra have won the 2020 AMP University Challenge for the first time in a decade, which is supported by Money Management. ...

Financial planning

Minister of Deregulation needs to be ‘wheeled in’

The deregulation minister should be present at financial services meetings to start reducing red tape and the sooner red tape has been reduced the better, according to a ...

Financial planning

Advisers’ benefit goes beyond financial returns

Focus on avoiding behavioural mistakes and tax-effective investment are among ways that financial advisers help their clients to boost their portfolios, according to Russ...

Editorial

Time to let the financial planning industry succeed

The banks are out, scores of advisers are heading for the exits and it is time for Governments to stand back and let the financial planning industry succeed. ...

Financial planning

IOOF confirms MLC Wealth acquisition

Its official. IOOF will acquire MLC Wealth but will not carry remediation costs....

Financial planning

Court dismisses appeal against 10-year sentence

The Court of Criminal Appeals has dismissed Gabriel Nakhl’s appeal against a 10-year sentence for misuse of client funds....

Financial planning

Financial advice business launched in partnership

Two mortgage broking and financial advice firms have joined forces to launch new business together, Financial Advice Mortgage Solutions. ...

Financial planning

Are adviser exits beginning to slow?

New data shows that financial planners are continuing to exit the industry but that the rate at which they are leaving is slower than for the same period last year....