Less ‘belly to belly’ talk forces BDMs to cut to the chase
Advisers want shorter, more direct conversations with relationship managers over zoom than they had in person, which means product providers and licensee representatives will need to rethink their engagement models.
June 30, 2020
AMP BoLR fairness: MP asks ASIC to investigate
Kenneth Hayne may have taken umbrage with the mere existence of BoLRs, but it will be the fairness of the changes AMP made to the valuation terms that MP Deborah O’Neill will ask ASIC to consider at a parliamentary hearing in July.
June 29, 2020
A return to the office
After months working from home, Dixon Bainbridge returns to the office and finds he shares something interesting in common with a young colleague.
June 29, 2020
Globalisation ‘won’t flip on a sixpence’: TCorp
The CIO of TCorp, which manages $93billion on behalf of the NSW government, revealed the themes that will shape a post-pandemic economy that will remain fuelled by globalisation.
June 29, 2020
AMP advice plan reaches next stage, exodus continues
It is estimated around 640 advisers exited AMP dealer groups AMP Financial Planning, Charter and Hillross in the last year and a half with hundreds more expected to leave in the next 12 months as the structure for the group's 'aligned' business takes shape.
June 25, 2020
Advisers to lean more on asset managers: Franklin Templeton CEO
Advisers will increasingly look to asset management firms for support as they're asked to be wealth managers by their clients, according to the president and CEO of one the largest asset managers in the world.
June 24, 2020
Conflicts transcend incentives, ASIC to prove
ASIC's case against CBA and CFS Investments filed in the Federal Court on Tuesday is based on Kenneth Hayne's assessment of a fee arrangement he deemed to be conflicted even though it didn't directly incentivise recommendations.
June 23, 2020
Advice practice valuations to soar in ‘3 to 5 years’
The industry may seem out of sorts now, but advice businesses are still the preferred assets in the financial services community and will be even more coveted in a few years according to Tim Lane.
June 22, 2020
The post pandemic advice practice: 5 areas that will change
General manager of Sydney-headquartered advice licensee Profile Financial Services Lena Ridley shares some of the insights from her recent involvement at Professional Planner's Licensee Summit - the top five areas savvy practice owners can adapt in a post-Covid business operating environment.
June 19, 2020
7 questions with Earl Evans, Shaw & Partners CEO
Shaw & Partners has made the transition from a traditional broker-driven advice business to a full-service holistic advice business, according to the group's CEO who sat down with Tahn Sharpe to talk business models, education standards and conflicts as a new advice paradigm emerges.
June 18, 2020
