Call the doctor: financial planning partnership targets medical sector
An enterprising partnership melding business and financial advice with a broader education program is proving a profitable client acquisition tool for ANZ-owned licensee Financial Services Partners (FSP). For the last six months, FSP has been engaged by the Fintuition Institute, a subsidiary of financial planning practice Fintuition, which is in turn part of Fortnum. “They
May 05, 2014
Individual personalised risk advice and the best interests duty
Typically a risk insurance dispute will arise when the insurer decides to avoid the policy. Quite often it is on the basis of non-disclosure on the part of the policy holder because the wording of the policy limits what is not covered. The next step is to examine the conduct of the financial adviser who
May 05, 2014
Investing is not about who’s most beautiful, it’s about who the judges prefer
In the long run the market is a weighing machine but in the short run it counts votes. Eventually, fundamentals will determine the right price but eventually can be a long time coming. In the meantime, being right at the wrong time is frustrating, career-threatening and expensive. This is what John Maynard Keynes was getting
May 05, 2014
New award supports emerging professionals in honour of industry pioneer Gwen Fletcher AM
The Financial Planning Association (FPA) has today announced the institution of the Gwen Fletcher Memorial Award, a prize that will be awarded to the highest achieving student in the CFP Certification Program each semester. The award honours the memory of the late ‘First Lady of Financial Planning’ and supports a key legacy of her lifelong
May 02, 2014
FPSB names chairperson of Asia-Pacific forum
Asia-Pacific Members of Financial Planning Standards Board (FPSB), owner of the international Certified Financial Planner certification program, named Alicia Ng-Chua, CEO of the Financial Planning Association of Singapore, chairperson of FPSB’s Asia-Pacific Forum from April 2014 to March 2016. The Forum, consisting of FPSB member organizations from 12 territories in the region, exists to: –
May 02, 2014
Research reveals a major roadblock, but also shows the way around it
Three pieces of high-quality research, all released this week, highlight the massive divide that exists in people’s perceptions of financial planners, and the enormous challenge that financial planning still faces to be taken seriously as a profession in this country. On the one hand we saw the release of the Lifeplan Financial Advice Satisfaction Index,
May 02, 2014
Perpetual Private appoints Kyle Lidbury as head of investment research
Perpetual Private has today announced the appointment of Kyle Lidbury as Head of Investment Research. In this role, Mr Lidbury will be responsible for managing Perpetual Private’s multi-manager product and the APL process for its model portfolio. This is a new role which combines Perpetual Private’s multi-manager and model portfolio research teams into a large
May 01, 2014
Financial planners slam the brakes on business acquisition
Financial planners slam the brakes on business acquisition strategies; some way to go on succession planning; and FOFA amendments seen as positive. The SLICE survey is conducted nationally in March, July and November to canvass the opinions of financial planners on a broad range of issues impacting their practices. This second SLICE survey focused on:
May 01, 2014
FPSB names 2014 chairperson-elect
Financial Planning Standards Board Ltd. (FPSB), owner of the international CERTIFIED FINANCIAL PLANNER certification program, named Sanjay Sachdev, CFP, chairperson-elect of its Board of Directors. Sachdev will serve as 2014 chairperson of the FPSB Council, an advisory body of the FPSB Board, before assuming duties as Board chairperson in 2015. The FPSB Board elected Sachdev to
May 01, 2014
BT denies Wrap lacks transparency and withholds crucial client information
BT Financial Group has rejected claims that BT Wrap lacks transparency and that it has refused to divulge crucial information needed to manage client portfolios. The managing director of boutique fund manager Sirius Fund Management, Keiren Kelly, said he has spent six months trying to obtain information from BT Wrap in a series of email
May 01, 2014
Lifeplan Financial Advice Satisfaction Index hits all time high
Investor satisfaction with financial advisers is at its highest level since the inception of the Lifeplan ICFS Financial Advice Satisfaction Index in 2007, according to the April 2014 survey results. Lifeplan Funds Management with the University of Adelaide undertakes a survey every six months. It looks at changes in investors’ attitudes towards financial advisers including
April 30, 2014
CoreData names advisory group of the year
Research which canvassed the views of close to 800 people who are in the market for financial advice on their reaction to their first in person meeting with a financial planner, has revealed ipac Financial Planning is CoreData’s Advisory Group of the Year in 2013. Fortnum Financial Advisers and Apogee Financial Planning received Highly Commended
April 30, 2014
