Financial advice not just for the affluent
20 June 2006
Many financial planners think clients need to have $70,000 or more before seeking advice, but their association says it’s not the case…
Life Insurance
How to cap PI: embrace professionalism
14 June 2006
The Federal Government is echoing a message it’s been pushing for years regarding the availability of affordable professional indemnity cover…
ASIC tips for choosing planners
06 June 2006
It’s no secret that ASIC has had its eye on financial advisers over the past few years, and its latest move to give people tips on how to choose a suitable adviser shows…
IFSA funds more income insurance research
06 June 2006
IFSA is funding more research through its underinsurance campaign, and this time the research is aimed at income protection insurance and its implications…
FSR regime pays off for consumers
30 May 2006
Australian investors are much more satisfied with the options and decisions they are presented with under the financial services reform regime…
Victoria tries to usurp Sydney as financial centre
30 May 2006
The Victorian Government – which imposes world record taxes on general insurance – is about to spend $1 million to market Melbourne to financial services providers…
Finding a regulation balance
23 May 2006
Financial Planning Week is under way, and Parliamentary Secretary to the Treasurer Chris Pearce is already out there spruiking the need for good financial advice and saving…
Transparency for financial planners
23 May 2006
A key figure in the financial planning industry has called for more transparency in remuneration models…
Industry welcomes Budget changes
16 May 2006
Huge income tax cuts aside, the biggest surprise of this year’s Federal Budget was the new arrangements for superannuation…
Budget threat to financial planners
16 May 2006
The financial planning industry was surprised by Treasurer Peter Costello’s removal of end benefit tax from superannuation in the federal budget, FPA spokesman Jason Spits…
FPA flexes payment muscle
09 May 2006
The Financial Planning Association is pushing for acceptance of its advice-based fee model for financial planning by incorporating it with the recently released…
Finsia reduces board size
09 May 2006
The Financial Services Institute of Australasia held its first annual meeting last month and – in its final steps towards formalising the institute – a new constitution…
Merger creates one super fund
09 May 2006
Australia’s newest industry superannuation fund is also the country’s largest…
Advisers shun industry funds
02 May 2006
Financial planning networks are unlikely to recommend investing with industry superannuation funds, despite calls from the regulator for them to do just that…
Dazza returns
02 May 2006
The Financial Planning Association has returned to television screens this week as the second phase of its three-year promotional campaign gets under way…
Super funds bigger than ever
26 April 2006
Australian superannuation members now have 66.2% more assets on average than they did a decade ago, according to the latest edition of the Annual Superannuation Bulletin…
Future fund for super liabilities
26 April 2006
Suncorp CEO John Mulcahy has been appointed to the board of the Future Fund, which has been set up by the Federal Government to meet unfunded superannuation liabilities…
Westpoint will raise complaints toll
19 April 2006
The Financial Industry Complaints Service expects an increase in complaints against financial advisers after the recent Westpoint case and a regulator’s report showing…
Axa says its advisers are clean
19 April 2006
Axa Asia Pacific CEO Les Owen says it is unlikely financial advisers associated with his company will be caught up in the ASIC investigation covering the financial services industry…
Super assets now past $800 billion
19 April 2006
The Australian superannuation industry has been experiencing the greatest period of asset growth ever, with superannuation assets now passing the $800 billion mark…