Advice
Crisis spawns a pro-bono advice experiment
A move to trade licensee fees for pro-bono advice by IOOF could result in advisers engaging a portion of the population that may not have otherwise used a financial adviser.
Matthew SmithMay 28, 2020
Risk & Insurance
Claims advocacy ripe for regulatory reform
It’s arguably the most important service an insurance adviser provides, yet there is no regulation around the provision of claims advocacy and it is rarely written into advice contracts.
Tahn SharpeMay 27, 2020
Licensees
IOOF likes ‘balance’ in licensee models
The IOOF advice chief explains why the second biggest licensee owner in the country is quite happy to run three very different but equally important models for their cohort of brands.
Tahn SharpeMay 26, 2020
Industry
FASEA’s Code of Ethics a boon to AFCA
While the complaints authority has their own markers and a fairness mandate to guide mediation, having a firm Code of Ethics provides “a lot more clarity” according to the Ombudsman for advice and investments, Shail Singh.
Tahn SharpeMay 25, 2020
“Commission based sales practices undermine the credibility of an industry that needs significant reform. To argue against such basic reform is an argument against open transparent and trustworthy behaviour and places the interest of industry participants ahead of clients.”
Chris Harris
Exelsuper in Adelaide, SA
Industry
Last brand standing: NAB’s new licensee
TenFifty will replace Apogee, Garvan and Meritum brands, taking its place alongside Godfrey Pembroke as the only remaining big-four bank owned dealer group brands in the country.
Matthew SmithMay 24, 2020
Industry
Advisers supporting each other through pandemic
Research reveals colleagues, industry peers and licensees have been pillars of support for advisers during the pandemic, while industry associations and software providers have lagged.
Tahn SharpeMay 20, 2020
Industry
Six mid-tier licensees surge, others falter
Licensees just outside the top ten largely lost ground in line with the rest of the industry this year, while some spectacular falls were matched by half a dozen significant success stories.
Tahn SharpeMay 19, 2020
Investment
Dividend cull sparks retirement income rethink
With the sanctity of franking credits and now bank dividends under threat, there are no sacred cows for retirees anymore. Some old and some new ways to generate income are emerging, and advisers are being called upon to assess them.
Tahn SharpeMay 5, 2020
Investment
Mayfair swerves court ruling with new ‘wholesale’ offer
With payments suspended and a host of advertising restrictions over their heads, Mayfair 101 has carefully worded the launch of a new product targeted at ‘qualified’ investors.
Tahn SharpeApril 23, 2020
Investment
Liquidity a ‘furphy’ that clouds bigger issue
Ahead of an expected surge in hardship provision claims, Frontier Advisors' Andrew Polson said the real issue for superannuation was its lack of purpose.
Elizabeth FryApril 22, 2020
Education
Exam pass rate slips to 79 pc
Shortly after the government removed a stumbling block to the FASEA exam extension, the authority released figures showing more than 20 per cent of advisers failed the most recent round of testing.
Tahn SharpeMay 25, 2020
Education
LIC ban paves way for FASEA extensions
The Morrison Government has announced it will extend the ban on conflicted remuneration to LICs, a move that's likely to open the door for FASEA time frame extensions to be considered by the Senate.
Matthew SmithMay 21, 2020
Education
Limited licence advisers pushed out by standards
The effect of having financial planning education mandates imposed on specialists like accountants operating under a limited license is becoming clear, with a stunning reversal for the fastest growing licensee cohorts from last year.
Tahn SharpeMay 18, 2020
June 2, 2020
Licensee Summit
SUITABLE FOR: Licensee and dealer group heads.
The annual Licensee Summit is recognised as the key event for the leaders of financial planning dealer groups and licensees to meet and engage with peers and colleagues to discuss the issues that underpin great businesses and the delivery of great advice.
August 4, 2020
Best Practice Forum
SUITABLE FOR: Financial planning practice owners and principals.
The Professional Planner | Financial Planning Association Best Practice Forum taps into the experience and insights of practice owners, principals, consultants and other industry participants to deliver leading-edge thinking on financial planning best practice.
December 2, 2020
Researcher Roundtable
SUITABLE FOR: Heads of dealer group and licensee research businesses, senior executives of independent research firms, and senior professionals involved in researching investment products for inclusion in model portfolios and implemented consulting.
The event designed specifically for senior research professionals. The forum focuses on issues related to the generation and delivery of research and research-related materials to clients.