$38,500 the new benchmark for licensing fees
The growing abandonment of product subsidies by licensees has crystallised a new pricing dynamic, but advisers aren’t complaining about higher licensing fees according to CoreData’s Simon Hoyle.
August 21, 2020
Transparency a clear path for Centrepoint
Well into their three-year strategic refresh, the listed licensee saw an increase in adviser numbers during FY2020 despite an impending 89 per cent increase in adviser fee costs.
August 21, 2020
SMSF advice ‘not hitting the mark’
The number of SMSF trustees that want financial advice is growing according to Investment Trends CEO Michael Blomfield, while the number of trustees using advice is shrinking. The disconnect is "problematic", he says.
August 20, 2020
‘I don’t mention I’m from AMP’
Advisers licensed by AMP admit the latest round of scandals has made them reluctant to admit their link to the company. Yet most think De Ferrari is still the man to lead the institution back from the brink.
August 18, 2020
Local super industry leading the world on mental health during Covid-19
It is a difficult time, but also a time of excitement for mental health advocates, who say Covid-19 is catalysing deep change among business leaders, policymakers and the broader community in how to address mental health.
August 17, 2020
Carden Calder has shown her greatest strength at home
Because hearing people talk about their personal challenges has been an enormous help to Carden Calder, the communications executive has decided to open up about her own personal situation in the hope it will help others too.
August 17, 2020
Dislocation throwing up private equity opportunities: Armitage
MLC has been dialing up its exposure to private equity over the past 12 months, something the group's CIO Jonathan Armitage expects will continue as the market dislocation throws up more opportunities to diversify away from public markets.
August 15, 2020
ASIC reveals grandfathered commissions review agenda
The regulator submitted a response to question from the PJC in October last year that sheds light on the parameters for its review into grandfathered commissions, which ASIC has prioritised during the pandemic.
August 14, 2020
De Ferrari admits culture hasn’t been the priority at AMP
During H1 results calls the AMP boss revealed “recent events” have led to cultural reform overtaking operational reform on the priority list, and that an expected 30 per cent reduction in advisers won’t “materially affect” outflows.
August 13, 2020
Fear of a COVID-related suicide pandemic: Mental health advocates
A group of psychologists, social workers, industry leaders and mental health experts have come together to address the mental health crisis that lays beneath the pandemic - this is the first in a series of articles designed to start a broader conversation about this important topic.
August 12, 2020
Resilience is learned, not inherent: Olympian Alisa Camplin
Australian Winter Olympic gold medallist Alisa Camplin has drawn on all her techniques for managing stress in her sports career using performance psychology to manage her mental health in light of the impacts from COVID.
August 12, 2020
