Advisers better placed than doctors to assess client mental acuity
The tightknit bond advisers have with their clients means they are in a unique position to assess the change in the cognitive level of the people they serve, even before medical professionals have the chance to, according to BlackRock US Wealth Advisory head of advisor engagement Elizabeth Koehler.
March 07, 2024
Incumbent on everyone to reduce advice gender gap
On International Women’s Day, it’s an important reminder on the systemic gender gap in financial advice. But while today should rightly focus on the achievements in women advice, more responsibility needs to be placed on men in leadership roles to help pave the way to help women achieve their career goals.
March 07, 2024
Revenue per client up 8 pc since 2020: Research
The average revenue per client for financial advisers is $3852, an increase of eight per cent since 2020, while the number of clients per adviser sits at 141, according to the latest Business Health ‘By The Numbers’ report.
March 07, 2024
FAAA to continue female mentoring program in 2024
The Financial Advice Association is set to continue with its Women in Financial Planning Mentoring Program in 2024 and is looking for sponsors after government funding was not renewed.
March 07, 2024
‘Real grudge’ life insurance wasn’t valued by govt: AIA boss
AIA chief executive Damien Mu says he holds a grudge because life insurance wasn’t valued enough by government. But with the raft of changes via the Quality of Advice Review and Retirement Income Covenant, he believes insurance – and the role advice will play – will be part of the overall solution to fulfilling better retirement outcomes for Australians.
March 06, 2024
SMSFs up on the downsizers, but other strategies underutilised
More SMSFs are taking advantage of downsizer strategies, according to research from Class, but there are still underutilised, like super splitting, which could have further benefits down the line when it comes to estate planning.
March 06, 2024
REST names Scott Tully as product head
REST has appointed Scott Tully as general manager of product in a bid to enhance the fund’s member offers.
March 06, 2024
Kaplan launches new financial services postgrad course
Kaplan Professional has launched a Master of Financial Services education course.
March 06, 2024
Australian women vulnerable to TPD impact: MLC study
Nearly half of Australian workers have three months' or less savings in the event of a disability which prevents them from working, and almost a third of women only having one month of savings, MLC Life Insurance research finds.
March 06, 2024
AustralianSuper commits $35b UK investment by 2030
AustralianSuper is set to increase its investment portfolio in the UK to more than £18 billion ($35 billion) by the end of the decade.
March 06, 2024
AMP-authorised firm joins Count
Melbourne-based advisory business Tailored Lifetime Solutions has joined Count’s advice network, leaving AMP Financial Planning.
March 06, 2024
UniSuper, ISPT acquire Western Sydney logistics site
UniSuper has invested in a 280-hectare greenfield logistics development site near the new Western Sydney International Airport (WSA).
March 06, 2024
