Where’s the love? Licensees turn on advisers
Institutions and large licensees are exiting advice and holding their reps to ransom with contract terms that may have been overlooked and seem at odds with the partnership that have been built up over time.
October 25, 2019
Value trumps all in client stakes: research
Whether or not clients perceive they are getting value underpins the decisions relating to whether they join or leave a financial adviser, which is why explaining value is so important Simon Hoyle writes.
October 24, 2019
Kelty fires up: ‘Leave super alone’
The ex-ACTU leader, regarded as one of the fathers of superannuation, gave a passionate plea to policy makers and the populous to stop meddling with the nation's retirement system.
October 24, 2019
Cracking the code: Life under Standard 3
FASEA's Code of Ethics will force a fundamental review of the motives and business models of industry participants, Robert MC Brown writes.
October 23, 2019
Advice firm flips script on fundies
Queensland-based Elston started out as an advice business, grew into managed accounts and has recently launched its own unitised fund at a time when traditional funds managers are going in the other direction.
October 22, 2019
Costello says Future Fund ‘alert’ to market risks
Peter Costello said the board of the $165.7 billion Future Fund “remains alert” to growth and market shocks despite high allocation to risk assets.
October 22, 2019
Ethics code tightens screws on SoAs
Unnecessarily long or complex SoAs are highlighted in the second iteration of the Code of Ethics, which could increase the compliance burden and ultimately invite class actions.
October 21, 2019
FASEA recasts conflicts rules with new guidance
A focus on integration, dispensation for ‘ancillary products’ and a reference to the ‘duly remunerated employee’ mark standard three in the second iteration of FASEA’s controversial ethics code.
October 18, 2019
Get clear on the problem you’re trying to solve
Advisers who want to differentiate themselves in the eyes of clients and grow their practices need to get clear about the problem they're trying to solve because the easy pickings have now gone, David Haintz writes.
October 16, 2019
The beginning of the end for SOAs?
ASIC's latest report on disclosure reflects the significant shift in regulators and policy makers' thinking on how risks and conflicts should be communicated.
October 16, 2019
Prepare for ASIC to focus on small end of town
ASIC has spent a lot of its time since the Hayne royal commission trawling over client files and assessing advice processes at the big end of town, but that doesn’t mean its gaze won’t shift to medium and smaller licensees.
October 15, 2019
