Client segmentation key to better price Over 100 new buyers registered with Kenyon Prendeville in the last three months of 2010. The number of buyers looking to acquire financial planning firms has spiked in comparison to this time last year, broking firm Kenyon Prendeville has reported. Kenyon Prendeville director Steve Prendeville said in excess of ...…
Sunsuper addresses gender diversity in financial services by funding scholarships designed for budding female financial planners. The inaugural Marion Munro scholarship, established in honour of a Sunsuper financial planner who lost her life to breast cancer in 2008, has been awarded to three applicants – Christina Dobson, Amalie White, and Kirsty Strano. Scholarship recipients will ...…
Maurice Blackburn Lawyers has initiated a class action against Commonwealth Financial Planning Limited (CFPL), the wholly-owned advisory arm of Commonwealth Bank of Australia. The action has been filed on behalf of individuals who received inappropriate investment advice from Don Nguyen, a former authorised representative of CFPL. Maurice Blackburn alleged CFPL engaged in misleading or deceptive ...…
Financial planners will be forced to undergo extra training to give advice on taxation issues under new measures announced by Assistant Treasurer Bill Shorten, as the Government steps up efforts to protect consumers seeking financial advice. Under the measures, financial planners will need to get extra qualifications and comply with standards set by the Tax ...…