Workplace planning the key to retaining top talent
With a little effort and foresight, advice practices can mitigate the risk of two people with similarly critical roles in a firm resigning at the same time. Effective workplace planning is critical to avoiding business interruption and retaining good people.
March 13, 2024
Managed account FUM reaches $194.8 billion at December 31: IMAP
IMAP's Census of Managed Account FUM in conjunction with Milliman Australia shows that managed accounts FUM reached $194.8 billion as at 31 December 2023.
March 12, 2024
Advisers’ role crucial in optimising Australia’s aged care system
Financial advisers have a crucial supporting role in optimising aged care plans for older Australians, according to Aged Care Steps.
March 12, 2024
Equity Trustees names new non-executive director
Equity Trustees has appointed Suzanne Holden as a non-executive director to its superannuation trustee business, as it passes the $60 billion funds under supervision (FUS) milestone.
March 12, 2024
Bold changes needed before retirement flaws are entrenched
The Conexus Institute’s submission to the Treasury consultation on the retirement phase of superannuation highlights the need for policymakers to pay more attention to designing a choice architecture that leaves no member behind.
March 12, 2024
The technology that’s saving advisers both time and money
The financial advice industry can be risk-averse when it comes to trying new technology, which is unsurprising when picking the wrong tech can be such a costly, time-consuming and disruptive dead-end. Some advisers nominate the technology that has had a significant impact on the day-to-day operation of their businesses and client relationships.
March 12, 2024
Govt to introduce ‘regulatory grid’
The government will introduce a financial sector regulatory initiatives grid to help the industry better implement regulatory changes in a more efficient way.
March 11, 2024
The price is right: Advisers reveal how they calculate fees
At the Boutique Financial Planners conference, advisers agreed that fees need to be increased, but how to do so is a matter for debate. time spent, the value or the type of client are among the factors that prevent calculating the right pricing model from being a flawless method.
March 11, 2024
Advisers mull whether ‘baby advisers’ are a threat or opportunity
The Financial Advice Association has underscored the importance of establishing a clear line between holistic advisers and “qualified advisers” or what CEO Sarah Abood has called "baby advisers", but also how independent advisers could leverage potential benefits. The association hopes to see more draft legislation by the middle of the year.
March 08, 2024
Govt opens consultation on super performance test
Treasury has released a consultation paper on the superannuation performance test, addressing concerns from funds that the benchmarks are restricting their investment choices.
March 08, 2024
