Licensee stability key for shifting advisers
As advisers continue to recalibrate their licensee allegiances, the sustainability of dealer groups and their ability to evolve is becoming the key metric to look out for.
July 15, 2020
ASIC to look at updating ‘stale’ SMSF fact sheet data
James Shipton was chastised by PJC member and NSW MP Jason Falinski for failing to address inaccuracies in its ill-fated 2019 SMSF fact sheet, which the regulator's CEO admitted was 'stale'.
July 15, 2020
Advice disciplinary body to give ‘certainty’: Hume
The Senator has high hopes for the industry on its journey to professionalism, citing the proposed single disciplinary body, single issue advice and fintech as drivers for change on the Conexus Institute’s inaugural Exploring Big Ideas webinar.
July 14, 2020
It’s not churn, it’s a pandemic
Clients are dialling back insurance because we're in the middle of a pandemic-fuelled recession. This has nothing to do with churning, advisers say, so why should they be penalised?
July 13, 2020
The value of advice: A playbook
By bringing the conversation back to the question of whether clients are on track to achieving their goals and showing them visually using cash-flow modelling, you will have a better chance of keeping them engaged and disciplined, David Haintz writes.
July 09, 2020
IOOF pro bono subsidy deal changing lives
The group’s offer to waive 3 months of licensing fees in exchange for 60 hours of pandemic-related pro bono advice has tapped into a well of deeply personal work that many advisers have quietly been doing for years.
July 09, 2020
‘Almost half’ more worried about money now: Fidelity
Australians are much more concerned about their financial and mental well being, the fund manager says, but advice is easing the burden.
July 09, 2020
Race on for advisers to reap open banking benefits
Now that the gates are open for open banking, product providers large and small are rushing to harness the market while advisers are in a race of their own to figure out just how the technology can help their business.
July 08, 2020
Call for referred brokers to support FASEA code
When an adviser brings a mortgage broker in to help a client, Wealth Market CEO Matt Lawler believes that person should operate under the same Code of Ethics that the adviser does.
July 07, 2020
Inside the quick descent of MyPlanner
After building up a growing base of advisers, the MyPlanner dealer group rapidly imploded amidst compliance concerns, leadership changes and ASIC orders.
July 06, 2020
QSuper walks away from comprehensive advice
On Friday QSuper announced it planned to stop offering comprehensive advice to new members starting on Monday, a move that was expected to lead to redundancies within the business.
July 06, 2020
MOU a savvy positioning play for FPA, TPB
The memo signed by the two parties last week went largely under the radar, but don’t underestimate its importance in terms of positioning for the FPA, who have a lot to prove.
July 02, 2020
