financial planning

Financial planning

Many super fund execs would in-source financial planning

A new survey has revealed significant support among superannuation fund executives and trustees for the in-sourcing of financial planning....

Financial planning

Eureka Whittaker Macnaught acquires practice

Eureka Whittaker Macnaught, licenced with Financial Wisdom, acquired Ken Mann’s financial planning practice on the NSW Central Coast....

Financial planning

ATO recognition of advisers comes with obligations

The Australian Taxation Office has made clear that if it grants ‘key intermediary’ status to financial advisers, it will come with conditions around higher standards and ...

Policy & Regulation

Govt sets terms of ASIC product intervention powers

The Federal Government has released the exposure draft legislation granting the Australian Securities and Investments Commission product intervention powers and the abil...

Financial planning

Former CBA planner sentenced

A former Commonwealth Bank of Australia financial planner has been sentenced by the Brisbane Magistrates Court over signature forgeries. ...

Financial planning

Demand for planners to work longer hours

New findings from Mentor Education Group have shown planners will be expected to put in longer hours at the office to meet client demand....

Financial planning

Banks need to rethink bancassurance model says IOOF

The major banks’ pursuit of the vertically-integrated bancassurance model has run its course and they should instead be looking to partnerships, according to IOOF....

Financial planning

ASIC bans South Australian adviser for three years

ASIC has banned South Australian financial adviser Ramana Rao from providing financial services for three years....

Financial planning

Will more PI insurers exit planner market?

Moves to increase monetary claim limits under the new Australian Financial Complaints Authority regime have prompted fears of more PI insurer exits from the financial pla...

Financial planning

Enforceable undertaking for Foster Stockbroking

The Australian Securities and Investments Commission has accepted an enforceable undertaking from Foster Stockbroking Pty Limited....

Policy & Regulation

Government clamps down on tax double-dippers

Draft legislation released last week by the Federal Government has addressed hybrid mismatch arrangements within the tax system....

Financial planning

Planner licensing to cost more under user-pays

A Government-backed Australian Securities and Investments Commission consultation paper has revealed the degree to which planners and planning firms will pay more for lic...

Financial planning

Consumers want planners to deliver lifestyle goals

Investment Trends’ latest research shows that consumers increasingly want financial planners to help them achieve their lifestyle, rather than just financial, goals....

Financial planning

Centrepoint Alliance announces Partner’s Circle

Centrepoint Alliance has announced the formation of a group of advice firms known as Partners’ Circle....

Financial planning

Planners engage in philanthropy effort

Financial Planning Association of Australia members have taken part in several physical challenges in Tasmania to raise money for the association’s philanthropic arm....