Oreana surges as IOOF, AMP and NTAA lose advisers
Mid-tier licensee Oreana Financial Services has postd the biggest growth in advisers numbers so far in 2021 according to researcher Wealthdata, with the group's success contrasting against stark losses for the large institutions in advice.
October 08, 2021
Advice is a lonely business, but I love it: Infocus CEO Darren Steinhardt
Like most success stories, the impressive numbers for Infocus belie the hardship and the graft. It hasn't been easy, Steinhardt says, with "a lot of trial and error", and despite the strength of the licensing venture there are still tough days for the affable CEO.
October 07, 2021
Self-regulation is still a way off
Advisers are early on the journey to self-regulation but a two-tiered approach going forward may be the answer according to Moran Partners principal Paul Moran and business ethics academic Tracy Wilcox.
October 06, 2021
15 groups unite for stronger CSLR scheme push
A consortium of 15 consumer groups and professional associations have banded together to call for a broader compensation scheme, despite financial services minister Jane Hume recently ruling out any expansion of the planned compensation frameworks arrangment.
October 06, 2021
It’s never been more difficult to be an investor: Bridgewater’s Lele
In a world of ultra-low bond yields, a decades-long equity rally which is unlikely to continue and with inflation looming, diversification is more important than ever but has never been more difficult to achieve.
October 05, 2021
ASIC: ‘No idea’ when advice disciplinary panels should be convened
With the government still waiting for advice on how the Single Disciplinary Body plan should work and under what circumstance ASIC's FSCP should convene panels to assess Code breaches, it's little wonder ASIC seems nervous about its implementation.
October 05, 2021
Prime commercial property can de-risk and balance your portfolios
With cash going nowhere, stock markets looking volatile and residential markets priced through the roof, experts say commercial buildings now have a strong role to play in de-risking and diversifying investor portfolios.
October 05, 2021
‘About time’ for a Productivity Commission review into insurance in super
Australia needs a review into the purpose of insurance in superannuation, to build a common understanding and prevent members unwittingly falling through the cracks.
October 04, 2021
Traditional 60/40 portfolios now captive to market timing strategies
Protection and fixed income strategies have had to adapt in recent years to the extraordinary economic environment and investors’ reluctance to miss out on returns, but that doesn’t mean the foremost experts in portfolio construction and blending strategies aren’t worried about how some portfolios are positioned.
September 30, 2021
ASIC scrutinising in-house managed account products
The regulator's investigation into managed discretionary accounts may be on hold, but financial services lawyers report an uptick in scrutiny of vertical integrated practices in the sector.
September 30, 2021
Size matters in the war for advice talent
While small firms are the lifeblood of advice, the industry’s ability to recruit talent and grow hinges on whether it can build and sustain large, profitable businesses akin to the mid-tier in accounting and professional services. Neil Younger writes.
September 29, 2021
Investors keen on more sustainable options from advisers: Schroders
According to the Schroders' Global Investor Study 2021, over a third of investors would be inclined to increase their sustinable investments if their financial adviser provided more information on funds aligned with their sustainability preferences.
September 28, 2021
