Asset consultants outpacing licensee researchers for adviser satisfaction
Adviser satisfaction with licensee research teams is improving but remains the lowest of all key groups of licensee staff. Advisers who run fast-growing practices, which also tend to be the most common users of asset consultants, express greatest satisfaction with licensees that offer open Approved Product Lists.
September 03, 2024
Financial advisers once again collateral in regulatory overreaction
The government’s “response to PwC” by legislating eight new ethical obligations for tax advisers has been another example of collective punishment for minnows in the professional services sector due to the sins of the top end of town, Tom Ravlic writes. The government can’t expect smaller financial advice practices that offer tax advice to take ownership of new regulations targeted at the wrongdoing conducted by big accounting firms.
September 03, 2024
Impact investors weigh up big opportunities and costs in AI revolution
Artificial intelligence technology is accelerating medical innovation and can assist with meeting UN Sustainable Development Goals, but also poses a significant energy generation dilemma for the planet. T. Rowe Price portfolio manager Hari Balkrishna says impact investors in equity markets have a unique ability to positively influence companies on a range of megatrends from AI to healthcare.
September 03, 2024
Anti-obesity drugs offer a solution to the ‘food trilemma’
Anti-obesity medications (AOMs) such as GLP-1s will play an unquestionable long-term role in balancing the “food trilemma”. But their advent may also have broad implications that alter public attitudes towards food and obesity.
September 03, 2024
Getting under the hood of impact investing funds
Evaluating the merits of an impact fund goes beyond relying on green scores and it’s important to review the underlying thesis behind how and why the strategy will make a positive difference in the world, researchers and advisers say. This is particularly the case when it comes to emerging investment themes like healthcare and AI.
September 03, 2024
It’s time for adviser professional judgement to be recognised
Regulators, politicians, lawyers, compliance teams, and the media all have a strong opinion about how financial planning should be conducted, but Paul Moran writes the views of financial planners seem to be forgotten as part of the conversation.
September 02, 2024
Ponzi scheme director receives 11-year prison sentence
Former Courtenay House director Tony Iervasi has been sentenced to 11 years imprisonment for criminal charges relating to the operation of the firm’s Ponzi scheme.
September 02, 2024
Bringing feminine traits to risk advice
Risk advice is now regarded as a much more personal service, but it is delivered by a much smaller pool of financial advisers. Traditionally feminine traits such as nurturance, sensitivity and warmth naturally lend themselves to life insurance which should encourage more women to consider it as a speciality.
September 02, 2024
Sherlock Wealth names CEO
Sherlock Wealth has appointed Andrew Sherlock as its CEO, taking over from his wife Jacqui Sherlock who is stepping down after eight years in the role.
September 02, 2024
Betashares completes acquisition of Bendigo Super
Betashares has completed the acquisition of the $1.4 billion Bendigo Superannuation, officially marking its entry to the retirement industry.
September 02, 2024
ASIC calls on super funds to better engage with millennials
ASIC’s Moneysmart has urged super funds to better engage with millennial members and improve services, transparency and access to information, following a roundtable with financial advisers, research and content creators.
September 02, 2024
