SOA

Editorial

Financial services: do we really have a profession?

It is often the commissions versus fees issue that overwhelms discussions about the appropriateness of the title 'profession' when applied to financial advice. ...

Financial planning

Financial crisis prompts move to ROAs

Growing use of ROAs could render SoAAs redundant....

Financial planning

Greater demand to outsource SOA production: AXA

Can be cheaper for planning practice, but confidentiality biggest concern....

Financial planning

Bank planner charges questioned

In an environment where financial planners are under increasing pressure to justify to clients their fees and commissions, the pricing model employed by Commonwealth Fina...

Financial planning

FPA's short-form SOA given short shrift

Few financial planners appear to be fully embracing the Financial Planning Association's latest short-form Statement of Advice sample despite high praise for the FPA lead...

Financial planning

Financial Wisdom to set new standards

Has embarked on a comprehensive review of the licensee standards that govern the delivery of advice to its clients....

Financial planning

MLC cuts statement of advice template size again

MLC has reduced the size of its statement of advice (SOA) templates by 20 per cent, following up on a 68 per cent reduction in template size one year ago....

Editorial

Plugging into opportunities

In every crisis there is opportunity, and I would suggest there has never been a better time for financial planners to assess their practices. ...

Financial planning

Former AMP planner banned

Provided inappropriate advice, incomplete SOAs and misled clients on switching costs....

Financial planning

Practice Management: The adviser of the future

DAVID FOX takes a look at how the adviser’s role will be significantly different in the successful advice business of the future....

Financial planning

Recruitment: Get your practice back on the advice track

MATTHEW ESLER considers the role new financial advice technology is playing in shaping recruitment within the financial planning practice....

Financial planning

In the eye of the Storm

The financial planning industry is facing renewed scrutiny and criticism in the wake of the closure of Storm Financial by voluntary administrators last week...