WT Financial Group touts growth for risk advice with Synchron acquisition
WT Financial Group is confident of future demand in the risk advice industry, backing Synchron’s future with a deal that could be worth up to $13 million, dependent on Synchron retaining advisers and revenue.
March 15, 2022
PI insurers could have last say on crypto’s place in APLs
Prominent industry providers and researchers are warming to the idea of giving crypto-assets a place on APLs and in portfolios, yet the ultimate decision will likely be made by professional indemnity insurers.
March 15, 2022
Product advisers ‘tying themselves in knots’ over regulation
"Everybody's allowed to design their own service," Claire Wivell Plater says. "If I go to a Toyota dealer, I know they only sell Toyotas, I don’t go there looking for a Hyundai or a Mercedes... That’s what an avowedly vertically integrated business looks like."
March 14, 2022
Leverage client personality for their own good
There are two key personality traits that impact clients - self control and optimism - and financial advisers can leverage both to develop appropriate advice. Griffith University's Katherine Hunt writes for Professional Planner.
March 14, 2022
Quality of Advice Review terms of reference finalised
Professional standards will not be under the scope of the review, but as promised there will be a strong examination of the compliance burden faced by the industry.
March 11, 2022
Binary YFYS test puts advisers in a tough spot
The pass/fail assessment of the performance test means advisers are left in a precarious spot as exiting a failed fund may not necessarily be in the best interest of the client according to a panel.
March 11, 2022
Banks’ advice foray ‘misconceived’: Tucker
A lack of vision around the value of advice led to the downfall of the banks' tenure in the sector according to Koda Capital founder Steve Tucker.
March 10, 2022
New AFCA funding model aims to reward low complaint advice sector
The majority of investment and advice members will either see a reduction or unchanged annual fees under AFCA’s newly proposed model which seeks to reward sectors with fewer complaints.
March 10, 2022
Stop arguing about who’s right on ESG
Embracing different strategies for tackling ESG investing rather than trying to a coalesce around a single approach will best serve the continuing evolution of responsible investment according to a panel.
March 09, 2022
Photo Gallery: Researcher Forum 2022, Sydney
Researchers, product providers, consultants and industry stakeholders got together at our annual Professional Planner Researcher Forum Monday, held at the Intercontinental Hotel in Double Bay, Sydney. Check out some of the action.
March 08, 2022
Lonsec wary of advice firms acting as fund managers
The institutional wealth exit has given advisers the opportunity to pose as product manufacturers, but the potential for this to be abused has forced the researcher to be cautious with who it engages.
March 08, 2022
