Hayne royal commission

Time for advisers to pay up for licensees

The evolution of licensees is happening, in part, because advisers are starting to think about certain services as an investment rather than a cost.

Matthew SmithJanuary 18, 2019

Advice fee models will change

Ongoing fee arrangements, asset-based fees and incentive structures are set to be shaken up based on the findings of the Hayne royal commission.

Claire Wivell PlaterJanuary 16, 2019

Banks aren’t leaving wealth due to lack of profitability

A PwC report reveals that institutionally owned wealth management businesses were still incredibly profitable in the lead-up to divestment in 2018.

Tahn SharpeJanuary 15, 2019

Fund flows reflect royal commission backlash

Institutions that suffered the most reputational damage during the Hayne inquiry also suffered the biggest outflows from their platforms in the September quarter, data from Strategic Insight shows.

Matthew SmithJanuary 8, 2019

2018: a defining year for advice

From regulation, to oversight, to education standards and beyond - 2018 will go down in history as a significant year in the lives of advisers, executives and business owners in the wealth management industry.

Matthew SmithDecember 20, 2018

Superannuation

Advisers push industry funds to open up

Regulators and policymakers are investigating vertical integration and that probably has industry funds looking closely at their advice models.

Matthew SmithDecember 18, 2018

Investment

Fear and self-doubt warping advice: Innova CIO

Advisers are losing confidence in their investment savvy and choosing cheap options at the expense of real value, Dan Miles says.

Tahn SharpeDecember 13, 2018

On Practice

‘You’ve got to get off the 1 per cent’: Stackpool

One of the industry’s most known figures has spoken out about what he calls outdated remuneration models. Charge clients for value, he says, and nothing more.