Coach transfer from Sydney Domestic Airport or Central Station to Hydro Majestic
Registration
Generation Development Group’s acquisitions of both Lonsec and Evidentia mark two of the most significant corporate developments in the Australian wealth management landscape. In a candid conversation, GDG CEO Grant Hacket will discuss the emerging powerhouse’s corporate strategy and outlook for the business of investment research, asset consulting and managed accounts. It will also reflect on career trajectory from world-renowned Olympian to financial services leader.
This opening panel will dissect the big trends in the commercial landscape for financial advice, drawing out the implications for trusted service providers including licensees, research houses, asset consultants and platforms. It will set the scene for the summit and take a leadership position on key themes including rising regulatory scrutiny, shifting business models and ongoing market volatility.
Includes table discussion
Sit-down lunch with delegates at the famous Wintergarden Restaurant overlooking picturesque Megalong Valley.
The corporate regulator will discuss its role in oversight of the financial advice chain as the role of advisers, licensees, platforms and researchers have all come into question. Additionally, this session will hear updates on other regulatory priorities including private markets and managed accounts.
This session will examine the structural drift occurring across the investments and wealth ecosystem — and will reassert the proposition that fiduciary duty is a broadly applied principle of stewardship, not just client service. The presentation will identify early warning signals and consider how the forces of independence, optionality and consolidation have collided, with implications for ethical decision making and business operations.
This panel will reflect on the previous two session and discuss and debate due diligence role of “gatekeepers” including professional advisers, licensees, platforms and researchers to ensure a high-quality ecosystem for investment funds. It will assess two policy proposals regarding the Delivering Better Financial Outcomes and Compensation Scheme of Last Resort reforms, drawing out the implications for consumers, advisers and their service providers.
Afternoon tea
In this interactive session, leading asset managers will put forward an investment idea that they believe is suited to the current market and how and why it should be included in portfolios. Their theses will then be interrogated by a panel of researchers and consultants. Finally, delegates will participate in a hypothetical portfolio construction process, engaging with the theses presented and questioning the relevance of traditional asset allocation in an unorthodox macro environment.
Includes table discussion
Presenting panel
Coach transfer from Hydro Majestic to Lilianfels
Pre-dinner drinks | Lilianfels Lounge
Conference dinner | Darley's Restaurant, Lilianfels
Coach transfer from Lilianfels to Hydro Majestic
Arrival refreshments
CoreData Research global chief executive Andrew Inwood will explore how advisers select and switch asset consultants, examine platform fee structures and transparency, and analyse the anatomy of a scam through the lens of the Shield and First Guardian collapses.
Retail and wholesale asset consulting businesses have emerged as among the most attractive targets of corporate investors in the wealth management space, while a new investment governance ecosystem has sprouted to support a proliferation of independent financial advice firms. This session will showcase some established and start-up business models.
Morning tea
Drawing on preliminary findings from new research alongside The Conexus Institute's extensive research and submissions on superannuation and institutional investment, this session explores the degree to which existing regulatory requirements are appropriate for platform supers, identifies possible gaps in the existing investment activity chain in the advised/consulted super platform model, and makes some predictions around the direction of regulation in these areas.
Rising investor and adviser demand for private market assets is leading to a flurry of technological and investment innovation as new mediums of access emerge. But regulators and central banks are ramping up warnings about these asset classes and scrutiny of holdings, especially by retail investors. This panel will examine the shifting landscape for unlisted investments and how these trends are affecting managed accounts and platform product development and consumption.
Includes table discussion
Sit-down lunch with delegates at the famous Wintergarden Restaurant overlooking picturesque Megalong Valley.
The advent of SEC- and ASIC-regulated cryptocurrency exchange-traded funds, combined with heightened enthusiasm from central banks and institutional investors has created a milestone moment for digital assets and blockchain-based technologies. But appetite from Australian financial advisers remains vexed. This session will examine developments in the crypto market, bull and bear investment theses and the role for investment advice, research and product.
Includes table discussion
A lack of standardised performance data in the SMA segment of the managed accounts market is an ongoing bugbear of advisers, presenting an opportunity for collaboration and innovation in the Researcher Forum community. This interactive session will strive to produce consensus on the SMA standardisation process and take a self-regulatory leadership position in aid of good investment governance and hygiene of the advice ecosystem. Includes table discussion
