Professional Planner | Inspiring Advice

ASIC asks licensees for grandfathered commissions status

In the first salvo of the industry’s move to extricate grandfathered commissions, the regulator sent letters to several licensees recently asking how much of it is on their books.

Tahn SharpeMay 24, 2019

Synchron head flew to UK to uncover real commissions story

The co-founder of Australia’s second-largest life insurance adviser network reveals how the Towbridge Report prompted him to search for the truth about risk commission bans.

Tahn SharpeMay 23, 2019

Associations unite over FASEA exam deadline extension

Both the FPA and the AFA will lobby government for the adviser exam deadline date to be pushed out at least 6 months after FASEA delayed the testing start date and the release of crucial guidelines.

Tahn SharpeMay 22, 2019

Advisers ‘unprepared’ for FASEA aged care questions

The co-director of Aged Care Steps, Assyat David, says most advisers have ‘chosen to ignore’ aged care advice, which will make it difficult for them to get through FASEA exam.

Tahn SharpeMay 21, 2019

Industry

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Advisers can have 1000s of clients each: Feeney

Limiting client registers to a few hundred clients could be emblematic of an outdated business model using technology the wrong way, according to the CEO of Map My Plan.

Matthew SmithMay 13, 2019

Adviser Ratings predicts ‘upsurge’ in failed licensees

Mark Hoven singled out small, “overcommitted” licensees and mid-sized AFSL holders in a presentation highlighting the many headwinds the industry is facing.

Tahn SharpeMay 13, 2019

FPA chair comes out swinging

Marisa Broome says criticism that the FPA isn’t working for its members is “absolutely wrong”, but admits the association has been “really poor” at communicating the work it's done.

Tahn SharpeMay 10, 2019

Investment

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IIF: Trade wars prompt flight from China stocks

The Institute of International Finance says escalating US-China trade tensions was the reason behind the capital flight from the emerging markets in the recent weeks.

Elizabeth FryMay 21, 2019

ETF risk a ‘haunting thing’: IOSCO

An executive at the global securities association likens the hype around ETFs to that around structured products over a decade ago, and warns against another GFC-type scenario.

Tahn SharpeMay 15, 2019

Sicilia: PE multiples will rise as investors chase scarce profits

Australian equities are undervalued and price-to-earnings multiples will climb dramatically, but institutional investors should be ramping up their exposure to shares even as prices rise.

Elizabeth FryMay 15, 2019

Education

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CFP owner says course ‘isn’t bound by minimum standards’

FASEA’s allocation of only 2 units to the CFP designation shouldn’t stop advisers striving to demonstrate their professionalism, says FPSB chief executive Noel Maye.

Tahn SharpeMay 14, 2019

Clearview takes high road with unbranded content

The licensee owner eschewed their own branding in a series of educational videos for clients, preferring to white-label the content and “give something back to the advisers and the community”.

Tahn SharpeMay 8, 2019

Literacy could be dangerous in the hands of industry

The failure of programs delivered by those with a vested interest might be contributing to declining financial literacy, which consumers are aware makes them vulnerable.

Simon HoyleMay 1, 2019

Contributors

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David Haintz

28Articles

Success on purpose: what makes a good practice plan

Time to control the controllable

Time to fight for your profit margin

Dominic McCormick

8Articles

Fraud risk: what to look for

Inside the Liberal Party’s bare economic policy

The product implications of Labor’s franking credit policy

Simon Hoyle

1,116Articles

Literacy could be dangerous in the hands of industry

The speed of reform: through the client lens

The truth about trust

Videos

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