On Practice

It’s not disruption, it’s opportunity

Technology isn’t disrupting advice, it’s accelerating the empowerment of the consumer and providing more transparent price discovery in a cost-conscious world.
Licensees

After 20 years, we’ve almost reached peak compliance

Allison Dummett, who was a founding director at licensee Matrix in 1999, reflects on changes to licensing over the last 20 years and what that means for new advice business practices in 2019.
Licensees

Lloyd to ‘segment and protect’ Godfrey Pembroke

Geoff Lloyd speaks to Professional Planner about MLC’s new blueprint for advice, the consolidation of its licensee footprint and why Godfrey Pembroke remains a standalone entity.
Industry

Tricks for avoiding buyers’ remorse as M&A heats up

Amid a flurry of mergers and acquisitions in the advice industry, a legal consultant warns both buyers and sellers to beware. Deep warranties and stringent indemnities could be crucial as principals navigate frothy waters.
Top Comments

“Technical knowledge and strategies are naturally important, but they are also a given. We do our best work when we can help our clients make meaningful change...”

Julia Schortinghuis

Where advisers really add value

9 July 2019

“I am happy to listen to arguments like this but our industry has got into trouble when the view becomes the reason behind another shift in policy...”

Graham Taylor

FASEA’s Code of Ethics should kill percentage-based fees 

24 June 2019

“Fees will have to increase as commissions are removed. Some businesses will close, staff will lose their jobs and most importantly, clients will no longer have an adviser...”

Martin Watson

FASEA’s Code of Ethics should kill percentage-based fees 

24 June 2019

Industry
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Industry

Advisers taking challenges in stride: Investment Trends

A recent report by the researcher indicates the vast majority of planners have no plans to leave the industry and are willing to tackle FASEA and the compliance burden head-on.
Industry

IOOF to ditch OSAs for annual agreements

The nation’s second largest licensee owner is getting ahead of likely legislation and rolling out plans to service clients on yearly terms, according to general manager of advice Darren Whereat.
Industry

AMP to amend BOLR terms and cull adviser group

Part of the wealth giant’s billion dollar raising will go towards fixing its legacy issues and "reinventing" its struggling advice division, with fewer advisers plus changes to its buyout scheme.
Investment
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Investment

Pinnacle touts zero management fee cash ETF

The investment management firm will market its new fund as being free of management costs, after its head of retail said Australians ‘should not pay for their cash to be managed’.
Investment

 The ‘hardest environment to invest’: experts on navigating risk

Risks in financial markets globally and at home in Australia are apparent, but their pathways to resolution are not. Experts share their views on navigating risk and return in a world where there’s no longer a rule book.
Investment

J.P. Morgan shifts ‘quality focus’ to US large caps

The asset manager is dialling down risk by veering towards US large caps, which offer resilience in the face of overhanging trade tensions and a highly priced global market.
Education
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Education

Advisers achieve 90pc pass rate on FASEA exam

FASEA CEO Stephen Glenfield has extended his congratulations to those who passed the first ever adviser exam, now a requirement to be a practising financial adviser.
Education

Advisers tracking at ’60 to 70pc’ on practice exam: Kaplan

The education provider says advisers are doing better at multiple choice than written response questions in its practice exam, which was gifted to the industry by BT.
Education

The face of FASEA’s next generation

Meet Harry, a 24-year old working his way up to be an adviser in FASEA’s new world. At the halfway point in his professional year, he acknowledges that experience is everything.
Attend a Professional Planner Event
September 24, 2019

Risk Advice Summit

Insurance advice professionals will come together as a single voice at the inaugural Risk Advice Summit in Sydney in September, initiated by AIA Australia and facilitated by Professional Planner.

Listen to and interact with policymakers, consumer groups, overseas risk advice experts, as well as your peers and industry leaders, to map out a sustainable future underpinned by better outcomes for all Australians.

December 4, 2019

Researcher Forum

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 forum focuses on issues related to the generation and delivery of research and research-related materials to clients.

March 31, 2020

Retirement Conference

SUITABLE FOR: Chief executives, chief investment officers and heads of product and personnel working in member services and advice of Superannuation funds

 

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