money management

Policy & Regulation

Get FOFA started in 2012: ASFA

ASFA does not support further delays to the implementation of the FOFA reforms while a regulatory impact study is completed....

Policy & Regulation

Legal test looms if FOFA unchanged

The underlying legality of the Government's Future of Financial Advice (FOFA) changes will almost certainly be tested in the event the legislation passes the Parliament w...

Financial planning

Diversification not always the answer

Financial planning practices need to look into new ways of ring fencing their clients in the current economic environment, but diversification of services might not alway...

Editorial

Financial planners take the brunt of a tough year

As 2011 draws to a close, it is worth reflecting upon what a challenging year it has been for Australian financial services generally and financial planners in particular...

Financial planning

Merger threat to investment platform FUM

Industry consolidation, particularly involving large dealer groups, has the potential to shift large volumes of funds under management from current investment platforms i...

Policy & Regulation

Capstone adds eight practices, welcomes FOFA

Non-aligned dealer group Capstone has welcomed a post-Future of Financial Advice (FOFA) world and has announced the recruitment of eight new financial planning practices....

Financial planning

WA Sandalwood Plantations takes over sandalwood assets

WA Sandalwood Plantations (WASP) has been appointed manager of the sandalwood assets of failed managed investment scheme operator Rewards Group....

Financial planning

Investment platforms shift their focus

Investment platforms are shifting their focus away from consolidation towards developing and upgrading their products, particularly in relation to their technology infras...

Editorial

Financial planning professionalism comes at a price

The moment members of the Financial Planning Association (FPA) voted to become a professional association, and in doing so, dispense with the organisation's long-standing...

Policy & Regulation

Doubts build around FOFA timetable

Industry leaders believe the degree of complexity the Federal Government has injected in to the FOFA legislation means it may not be possible to implement by July 1 next ...

Financial planning

Financial Planner of the Year winner announced

Authorised representative of Shadforth Financial Services, Charles Badenach, has been named the 2011 Money Management Financial Planner of the Year....

Editorial

Investors talk themselves into a funk

Australian investors seem certain to close out the year with their allocations set to conservative and with half an eye on a struggling Europe, but as Mike Taylor reports...

Financial planning

Financial Planner of the Year finalists

George Flack has continued to demonstrate his continued commitment to financial planning while William Johns is part of a new generation entering the profession....

Financial planning

ASIC suspends Paritech licence

<b>Updated:</b> ASIC has suspended the AFSL of Paritech because the firm failed to comply with its obligations as a licensee....

Financial planning

Money Management set to announce 2011 Financial Planner of the Year

Money Management has selected its 2011 Financial Planner of the Year and will announce the winner tomorrow at the Financial Planning Association national conference in Br...