Wildcat What is a hedge fund? Is Platinum a hedge fund? Is a fixed interest fund that hedges currency risk a hedge fund? Is a bank hybrid debt or equity in disguise?
I think some thought to the definitions is required before too many rules are made. Regulatory ripples ahead of disclosure day
Matthew Ross The weak will give in to the big and lead a frustrated life.
The strong will put themselves in a position where they sit on the same side of the table as their clients. They will be attract smart clients who value what we do. They will live a fulfilling life.
All depends on how much you believe in the value we add and how you communicate that to clients. Independent advice revival as FoFA fear fades
Les I agree that independent advisers can flourish post FoFA, however, it would be interesting to know how many practices are absorbing the additional costs and how many are passing them onto clients.
Given that AAP’s revenues increased by 6 per cent to $5.2 million, "driven by the licensee recruitment and favourable market conditions leading to a boost in assets under advice and administration", what will AAP's revenues look like post-FoFA when it's likely that true independents will not be charging asset based fees? Independent advice revival as FoFA fear fades
The Australian financial planning industry is evolving and going through lots of change.
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