Industry Updates

Getting the culture right

Building a positive culture takes time and commitment but it shouldn’t take forever – nor cost a fortune in consultancy fees. Eva Scheerlinck writes.

Majority support grandfathered commissions ban: poll

Advisers are far from forming a consolidated view on the banning of legacy commissions, but an online poll reveals 65 per cent either agree with the 2021 cut-off date or want to bring it forward.

Women in Super urges Canberra to act

Women in Super is urging the future government to deal with the critical issue of improving women's retirement outcomes.

Inside the Liberal Party’s bare economic policy

The LNP might need a few years in the wilderness to do some serious soul searching and move past the debt bubble economics that still dominate its economic approach.

ASIC signals adviser levy reduction for 2018-19 FY

Advisers could be in for a decrease in the amount they pay for their own regulation according to ASIC’s recently published industry levy estimates.

‘Ventriloquist’ kids clouding capacity issues for advisers

A recent white paper on legal advice for ageing clients warns that their children are getting in the way of legal capacity and cognitive ability determination.

Navigating investment risk

Investment risks are ever-present, but so are the risks associated with not understanding our own behavioural biases. Both are equally important for investors, particularly around retirement.

SMSF Advisers Network ‘anticipated’ ASIC scrutiny

The nation’s fastest growing licensee has opened up about its recent slap on the wrist from the regulator, saying it anticipated some attention due to their rapid growth.

The problem with MySuper default strategies

Whether people are in retail or industry super funds, the 'blunt approaches' of lifecycle product design should be replaced with a more tailored approach according to one industry expert.

Switching to fixed fees: Adviser tackles the ‘vexed question’

Rob Pyne says that changing to a fixed-fee remuneration model feels like swimming upstream. Be prepared for a lot more accountability, he warns, and smaller margins.

Does super industry remuneration pass the BBQ test?

Former Mine Super CIO David Bell discusses the appropriate maximum remuneration for an executive and whether he was part of the problem.

FASEA firms as possible disciplinary body option

Two new FASEA board members have experience and backgrounds in complaints resolution as the code monitoring and disciplinary system continues to be mapped out.

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