Fix disciplinary body plan before it’s too late: FPA
Dante De Gori believes that if the FPA doesn’t push the agenda on reform now the industry will get a disciplinary body full of licensing and regulatory overlap that will cost advisers time and money.
August 05, 2020
Only 6 licensees reported code breaches so far: ASIC
The efficacy of Treasurer Josh Frydenberg's temporary solution to the the government's code monitoring quandary is in question after ASIC revealed that only a smattering of licensees have reported adviser breaches to the corporate regulator.
August 05, 2020
‘Conservative’ licensees hampering scaled advice: ASIC
Commissioner Danielle Press said the compliance level employed by licensees is “definitely different” than ASIC’s, describing overly conservative tactics are “concerning”.
August 04, 2020
‘Impact of Advice’ index launched by Investment Trends
Professional Planner has partnered with the researcher to develop an index designed to track the reach of quality financial advice and the difference this advice makes in the community.
August 04, 2020
Goals based advice needs tighter certainty metrics
The financial advice value proposition needs to accommodate and promote the role of certainty and risk; without it, the industry’s transition to a profession will be hampered from the outset.
August 03, 2020
Investment hubris a handicap in pandemic era
Humility will be key for investors in navigating the pandemic markets era, a panel has heard. The biggest mistake now is to presuppose that yesterday’s metrics and tools will work tomorrow.
August 03, 2020
ASIC deflects Trowbridge’s risk advice pay warning
The architect of the 2015 Life Insurance Review said the government’s failure to heed his warning on adviser remuneration has left riskies “unable” to service smaller clients. Most insurance is through super anyway, ASIC’s deputy chair responded.
July 30, 2020
Advice industry may have jumped the gun on reform
Half of the Hayne reforms are still unresolved, a panel has heard, but now may be the time to ask if the industry responded in the right way and whether it's got the foundations right for an advice reset.
July 29, 2020
Ground yourself in a purpose: Damien Mu
The CEO of AIA in Australia and New Zealand breaks down his path to the "privilege and responsibility" of leadership in the inaugural Defining Leadership session with Conexus Financial CEO Colin Tate.
July 29, 2020
LIF review should push beyond reforms: FPA, AFA
The Life Insurance Framework was too focussed on remuneration and missed more pressing issues vital to the industry, say the associations, who have challenged ASIC to take a broader view in its scheduled 2021 review.
July 28, 2020
The new defensive: Is there life after bonds?
Investors are facing some deeper thinking about defensive asset classes, portfolio diversification and income generation in light of the diminished attributes bonds now hold due to the unique circumstances financial markets are throwing up. Experts discuss the evolving environment and consider relevant defensive strategies.
July 27, 2020
