‘Key to allowing this growth to continue’: Why corporatising practices has become invaluable
The corporatisation of advice practices has led to firms scaling up to create streamlined, efficient businesses. For one practice, this has even led to a revenue increase of 40 per cent.
June 19, 2023
How can more Australians get the advice they need?
Even with significant regulatory red tape reductions that could reduce the cost of advice, the price will still be higher than some Australians are able to pay, Otivo CEO Paul Feeney writes. Digital advice providers will be essential to addressing that, but that must come with the same obligations and liabilities as human advisers.
June 19, 2023
Schroders appoints CIO as CEO
Schroders Australia has appointed Simon Doyle as CEO, replacing Sam Hallinan.
June 19, 2023
Former Lonsec executive director joins Fidelity
Fidelity International has appointed former Lonsec executive director Lukasz de Pourbaix as global cross asset specialist.
June 19, 2023
Allianz Retire+ adds ex-MLC Wealth, Unisuper and FEAL executives to advisory board
Allianz Retire+ has appointed three former industry CEOs from MLC Wealth, UniSuper and the Fund Executives Association Ltd to its Retirement Advisory Board.
June 19, 2023
‘A bonafide profession’: Australia’s advice evolution
The current advice model is now widely accepted and is not controversial in our industry, but it is not long ago that it seemed radical. In light of the how the Quality of Advice Review will usher in the next evolutionary stage of financial advice, Dimensional Australia executive chair Glenn Crane writes advice has still marked its territory as a profession.
June 16, 2023
‘Concerning’ financial literacy drop among Australian youth
The recent drop in financial literacy among Australian youth is “really concerning”, according to Ecstra Foundation CEO Caroline Stewart. Without addressing the issue early, more teenagers will be set up to fail in the early adult years.
June 16, 2023
May adviser exam sees 63pc pass rate
Over half of candidates passed the May adviser exam, according to results released by ASIC on Friday morning.
June 16, 2023
More Australians deserve to reap the benefits of advice
Almost two in three Australians have struggled to pay expenses over the last year, according to research from online platform Money.com.au. The data further confirms that simple, episodic advice will lead to better financial outcomes.
June 15, 2023
AMP updates North ROA and retirement calculator functions
AMP has announced two key changes to the North platform around streamlining Records of Advice and the Lifetime Super Calculator.
June 15, 2023
HCF Life & UnderwriteMe launch Life Protect Insurance
Not-for-profit insurance company HCF Life has collaborated with software company UnderwriteMe to launch Life Protect Insurance, which provides customers with personalised solutions that consider their respective circumstances, such as lifestyle, medical, and family history.
June 15, 2023
