$1,000 per year: The adviser trialling an admin support retainer
After completing FASEA’s ethics course Paul Stephan decided many of his clients shouldn’t be paying for comprehensive advice. Since then, he’s been offering a support service on retainer that can be switched back to comprehensive personal advice as required.
May 28, 2021
ETF warning: Make sure the label matches what’s in the tin
Investors, advisers and ultimately the regulator should all be paying closer attention to the underlying construction of ETF products according to Zenith Investment Partners' Dugald Higgins, who warns that many don't stick as close to the sector they're purportedly mirroring as they claim.
May 28, 2021
ASIC rakes ‘unconscionable’ AMP over the coals
The wealth management giant's superannuation, life insurance and advice companies continued to charge dead people for services up to 12 months after the Hayne royal commission wrapped up, ASIC alleges.
May 27, 2021
Advisers ‘apathetic’ on alternatives: Zenith
Advisers and retail investors have gone cold on alternative investments according to the research and investment consulting house CEO, who warned against comparing them to "raging bull" equity markets.
May 27, 2021
High-profile advisers scale up with white-labelled robo solutions
A crop of media-savvy advisers are partnering with robo-style investment providers to offer scaled solutions to clients they'd otherwise have to turn away.
May 26, 2021
Global trend towards ESG investing gathers pace
The pandemic, droughts, bushfires and even social movements like Black Lives Matter are forcing people to examine how their actions affect the world around them, which is affecting investment like never before according to researcher Investment Trends.
May 25, 2021
ALRC to balance prescription and principles in regulation review
Advisers could be in line for more principles-based regulation according to ALRC president Sarah Derrington, who agreed with a host of global regulatory experts that a balance between principles and prescription is required.
May 25, 2021
Licensee familiarity breeding adviser discontent: CoreData
There’s a clear honeymoon period after an adviser joins a licensee, with satisfaction highest in the initial 12-month period. That’s partly the thrill of the new, no doubt; but it’s also surely because no one likes to admit they’ve made a terrible mistake, even if it’s obvious early on. CoreData's Simon Hoyle reports.
May 25, 2021
Regional advice hubs surge in post-drought era
An end to the drought isn’t the only reason rural advice groups are flourishing, as a series of factors have contributed to market conditions that are as good as they have been in years for regional advice providers.
May 21, 2021
Findex: Simplifying advice key to post-bank era
Group director Tony Roussos explains how robust licensees like Findex can surge in the vacuum left by institutional wealth providers, and the edge ex-PM Malcolm Turnbull brings to board meetings.
May 20, 2021
