‘I have a contribution to make’: ASIC’s Shipton
ALP Senator Andrew Leigh said he could understand why it was in the ASIC chair's interests to come back to the top job and enhance "public perception" that he had cleared his name, but was it in the regulator's interests?
March 29, 2021
From gym sessions to retirement plans: Noni and Kate
After bonding over high-intensity interval classes at the gym, Kate Long eventually decided Noni Crawford was the right person to advise her and her husband Don through a tough SMSF situation and into retirement.
March 26, 2021
‘Mechanical’ industry funding model to blame for high levy: ASIC
Royal commission enforcement and declining adviser numbers have contributed to the increased levy, ASIC's top brass explained, but it is the rigid nature of the industry funding model that stops them from being able to alleviate the pressure.
March 25, 2021
Call for banks to pay advice ‘exit fee’ and subsidise adviser levy
One association suggests charging the banks $7,400 for every adviser they released since the Hayne Royal Commission and using the revenue to subsidise the current ASIC adviser levy.
March 24, 2021
Rejecting Covid vaccine ‘unfair’: Dr John Fraser
While he doesn't advocate forced vaccinations, the world-renowned medical professor and heart and lung intensive care specialist expressed frustration with poor leadership and the media "beat up" on blood clots, which has undermined confidence in the global vaccine rollout.
March 24, 2021
When a client isn’t a rational investor
Having a deeper – and sometimes uncomfortable – conversation with clients about their investment beliefs and the assumptions they are making can effectively clear the air and avoid the conflict experienced in encouraging clients to do 'the right thing', Paul Moran writes.
March 23, 2021
ASIC’s adviser registry ‘falls apart’ on qualifications
The regulator’s FAR has the potential to be a central source of truth about adviser qualifications, the FASEA exam and membership association, but formatting flaws and missing information are confounding users.
March 22, 2021
The value of a licensee: Have your say
Overall satisfaction with licensee support rebounded in 2020, after taking a big dip in 2019. It hasn’t returned to levels we saw in 2018, but it’s on its way – and the 2021 Licensee Research will show us where the number settles this year, Simon Hoyle writes.
March 21, 2021
The qualified adviser who prefers to operate as a money coach
Karen Eley is a qualified and experienced adviser, yet she prefers to operate as a specialist money coach for women. As Synchron’s first and only general authorised representative, she may well be forging a path for others to follow. "I'm the guinea pig," she says.
March 18, 2021
Beginning of the end for tough PI insurance market
Class actions and regulatory pressure will keep the professional indemnity insurance market tough for another two to three years, consultants say, but a smattering of new market entrants may hint at relief for advisers down the line.
March 17, 2021
Three regulatory must-haves for an advice investment service
Financial advisers will need to provide evidence of three critical elements if strategic investment advice goes under the regulatory microscope, Neil Younger writes.
March 16, 2021
