Industry Updates

A shift in focus and a steely resolve

Koda Capital partner Peter Dunn expected more of a fallout from the Hayne Royal Commission, but the wholesale adviser is forging on as one Baron's top 50 and a client list of wealthy families.

Long-term thinking & benevolent strength: Gonski on leadership

The hallmark of courageous leadership is a willingness to go against the tide, particularly when it means opposing short-term thinking in favour of looking after the greater good. David Gonski reveals some of his deepest insights with Conexus Financial CEO and Professional Planner publisher Colin Tate.

AMP bows to shareholder chagrin as Murray resigns, Pahari demoted

The frustration of the embattled group’s biggest shareholders figured heavily in the resignation of chair David Murray and demotion of AMP Capital boss Boe Pahari. Whether AMP should retain its "social licence to operate", however, might still be decided.

Advisers urged to put on their ‘oxygen mask’ first

The greatest strength of people in 'helping professions' like advice is also their greatest weakness, says psychologist Jo Earl. While advisers tend to put others first, they neglect their own mental and physical well-being.

$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.

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.

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.

ASIC fine with extra advice fee compliance doc

The regulator has confirmed it is aware super funds are sending letters out to licensees asking them to confirm that every member has received the advice they paid for before the fund will release the fees. But ASIC’s blessing came with a warning.

‘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.

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.

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.

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.

Previous Next