Almost half of risk clients don’t trust their insurer
Large swathes of consumers don’t believe that their insurer will pay up in the event of a life insurance claim, a new study from Metlife has found.
January 21, 2020
Are equity markets broken?
Stocks went gangbusters in 2019, but the rally that has extended into January hides the stark contrast between earnings growth and discount rates.
January 21, 2020
Decline in SMSF assets ‘likely’: Maroney
Demographics may force a slight reduction in investments held within the SMSF sector, but that’s not necessarily a bad thing according to the head of the SMSF Association, John Maroney.
January 20, 2020
Client numbers almost halved in a decade
A business health analysis looks at the drivers behind a reduction in the average number of clients a firm serves, which is down from 975 in 2009 to only 530 in 2019.
January 17, 2020
Advisers could fund lion’s share of new compensation scheme
Super funds and banks are expected to push back against inclusion in the proposed CSLR scheme because most compensation claims stem from the insolvency of small advice firms.
January 16, 2020
Tax board confirms FASEA alignment
The tax practitioners board has acknowledged that accountants who provide financial advice will probably meet its CPD requirements if they satisfy FASEA’s higher standard.
January 15, 2020
Still got swagger: Aussie markets in 2020
Asset consultants aren’t ready to run from Aussie shares just yet. Returns in 2020 might not match a stellar 2019, but conditions remain favourable and a wholesale retreat is unwarranted.
January 15, 2020
‘Simplistic’ LIC stamping fee analysis under fire
ASIC's analysis of conflicted LIC and LIT arrangements doesn't present a full or accurate picture of the issues, says independent investment consultant Dominick McCormick.
January 14, 2020
M&A state of play: Sellers motivated but buyers remain at bay
Contrary to the narrative that advice businesses are being sold off in record numbers, acquisition specialists say the ones on the market aren’t always what buyers are looking for.
January 13, 2020
Home fund needed to mop up ‘orphan’ funds: Bell
The rush of mergers between strong super funds is leaving the weaker ones alone to wallow in their net outflows. David Bell suggests a consolidation fund be founded to house them.
January 13, 2020
Organic business growth starts with questions
There are a few questions principals need to ask themselves if they want to grow their business in 2020, David Haintz reckons.
January 10, 2020
