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04 July 2011 • By Fiona Harris • 1 min read

Growing an advice house through scale

Scale has long been viewed as a remedy to planning businesses' aches and pains. Fiona Harris examines the state of play in industry growth.Over the ...

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CFS launches long-term deposit for platform users

Colonial First State (CFS) has introduced a long-term deposit product for its FirstChoice and FirstWrap platform users.CFS said demand for more ...

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Legg Mason offers retirement income funds

Legg Mason has unveiled two funds aimed at providing stable income for retired people. The Legg Mason Australian Real Income Fund invests largely in ...

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Aust needs twice as many planners: FPA

Australia could face a shortage of planners, associations say.If planning industry marketing campaigns succeed in convincing more Australians to get ...

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PIS says adviser numbers just right

PIS has no acquisition plans, preferring to focus on its merger with Centrepoint Alliance.Professional Investment Services (PIS) has no plans to ...

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Westpoint kingpins charged

Five years after the collapse of Westpoint, company directors Norman Carey and Graeme Rundle have been charged.Norman Carey and Graeme Rundle could ...

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Macquarie hires ex-Merrill Lynch managing director

Macquarie Bank has named Jay O'Neil as the new head of Macquarie Private Bank. O'Neil joins the banking and financial services group from global ...

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What about the client?

Consolidation in Australia's advisory market has rattled more than many. While some of you have informed me that consolidation is a natural part of ...

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Advice industry at risk of over-consolidation

Uncertainty over reforms could see more consolidation than is healthy, market participants say.Australia's financial advisory market is at risk of ...

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Advisers help reduce underinsurance: report

A new industry report has found financial advisers and superannuation fund trustees have helped reduce Australia's life insurance gap.A greater focus ...

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