Bump, don’t jump: Incrementally stay ahead of fee increases
Staying on top of cost increases by re-pricing in smaller increments more frequently will help prevent costs eating into profit margins and sticker shock to clients when a significant fee increase is needed, writes Rob Jones.
July 18, 2024
‘Red tape bomb’: Tax adviser changes draw opposition’s scrutiny
The federal opposition has hopped on the criticism of the government’s changes for tax advisers which set a firm implementation deadline that falls in the peak of tax season. The opposition has accused the government of leaving small businesses to end up being collateral damage in an attempt to crack down on the misconduct of larger, international firms.
July 18, 2024
Growth is paramount as businesses look to expand over the upcoming year
Throughout the next financial year, better utilising technology or recruiting advisers with established client books are among the initiatives advice practices will look to use to unlock further growth in their businesses.
July 17, 2024
Equip Super delivers 9.24pc MySuper FY24 return
Equip Super has posted a 9.23 per cent return for its balanced growth option in FY24, while the MySuper option delivered a 9.24 per cent return.
July 17, 2024
Clime appoints acting MD after CEO resignation
Clime has appointed Michael Baragwanath as acting manager director following the resignation of CEO Annick Donat which was announced earlier this week.
July 17, 2024
Equip Super survey reveals travel top retirement priority
According to a survey by super fund Equip Super, 71 per cent of Australians consider travel their top priority when spending retirement savings.
July 17, 2024
‘Unapologetic growth’: Shadforth aims to dominate HNW space
Reaching a century since it was founded, Shadforth CEO Terry Dillon says the firm is seeing ‘more growth than ever’. He tells Professional Planner the challenge is not only to serve existing clients well but to move to a new growth phase and achieve a dominant position in the high-net-worth space.
July 16, 2024
Latest ASIC report shows banks haven’t learned
The latest banking scandal is just another example of the top end of town working on the assumption that it’s better to ask for forgiveness than permission, writes Chris Dastoor. The case shows there is one side of financial services that has cleaned itself up since the Hayne royal commission and another that hasn’t, yet it’s the former that is still required to pay for others’ misconduct.
July 16, 2024
DASH to acquire Integrated Portfolio Solutions platform
DASH Technology Group has entered into a binding share purchase agreement to acquire Integrated Portfolio Solutions.
July 16, 2024
APRA imposes licence conditions on Fiducian ahead of latest YFYS test
APRA has imposed additional licence conditions on Fiducian Portfolio Services to address data-related concerns ahead of this year’s Your Future Your Super performance test.
July 16, 2024
Spirit Super completes custodian switch amid merger transition
The $30 billion Spirit Super has completed the transition to use J.P. Morgan as its custody and fund administration services provider.
July 16, 2024
