Licensing models get the tug-of-war treatment
As the industry grapples with the idea of individual licensing key stakeholders debate whether the concept is the future of advice or a costly and unworkable furphy.
June 16, 2020
Why the advice funding levy skyrocketed
ASIC has attributed a 38 per cent increase in the adviser funding levy to a dozen “focus areas”, with items ranging from monitoring the institutional wealth exodus to the need for an infographic on SMSF red flags.
June 16, 2020
Seller beware: All capital comes with strings attached
Sellers of financial planning practices should take time to understand each source of capital, because ALL capital comes with strings attached - writes Paul Barrett.
June 15, 2020
Ethics advocacy a shortcut to less red tape
Once the ethics overlay is accepted and absorbed by the industry, much of the unnecessary compliance weighing advisers down can be lifted according to Robert MC Brown.
June 14, 2020
Globalisation’s second death and the ‘weirding’ of investment risk
Princeton luminary Professor Stephen Kotkin puts the COVID-19 pandemic into historical context and posits that a fundamental shift in the way we assess investment risk is required.
June 11, 2020
‘Put the weapons down’: Fitzpatricks boss
The Chairman and director of Fitzpatricks, John Woodley, has urged both the FPA and contending licensee groups to put aside their differences and consider the greater good.
June 11, 2020
Code trumps Corps’ Act on conflicts: Longstaff
Speaking on a panel as a representative of the The Ethics Centre and not in his capacity as a FASEA board member, Longstaff made sense of the Code of Ethics and its position next to law.
June 09, 2020
Balanced funds wobble as 60/40 split risks exposed
Higher equities and fixed income valuations will lead investors to rethink their assumptions of diversification, and the classic balanced fund reference portfolio may be an early casualty.
June 09, 2020
Acquirers attracted by cost-focused practices
Practice owners able to reshape the expense line of their businesses by creating efficiency using technology will attract the eye of acquirers and full valuations on the other side of the crisis, according to heads of prominent licensees.
June 04, 2020
Behavioural biases can be amplified in a crisis
When we don’t know which narrative is right, each one risks giving us a false sense or comfort that the one we have is right. This risk is amplified in a crisis where there is less historical reference points, Simon Russell, founder of Behavioural Finance Australia says.
June 04, 2020
