Data crucial to understanding SMSFs: Ralston
Regulators will take a step in the right direction if they follow the Productivity Commission recommendations and become better at collecting and interpreting data.
January 14, 2019
SoA inconsistency hindering regtech’s effectiveness
The varying perspectives on what compliant documents look like makes it tough for regtech providers to come up with scalable and effective solutions, Red Marker director Matt Symons says.
January 14, 2019
Pressure mounts for ‘sunlight’ on APLs
The Productivity Commission’s repeated assertion that approved product lists should be made public will put further pressure on government to curtail vertically integrated advice.
January 11, 2019
Funds slam PC’s ‘best in show’ double-down
Super industry bodies cite concerns about how top products are selected and restrictions on competition as Productivity Commission tables final report.
January 10, 2019
Firms and advisers called out for gouging in super
Productivity Commission deputy chair Karen Chester has recommended a swift end to grandfathered commissions in superannuation and taken a swipe at the retail funds industry for charging asset-based fees.
January 10, 2019
Xplan responds to calls for simpler API tech
IRESS adapts to a more competitive market with a new, simplified data-sharing tool for Xplan that is tailored for independent financial advice firms. Tahn Sharpe writes.
January 09, 2019
Super transparency rules to impact advisers
Financial advisers are on notice to understand ASIC’s new fee disclosure regime, so they can advise clients about value-for-money funds and abide by the best-interests duty.
January 09, 2019
Fund flows reflect royal commission backlash
Institutions that suffered the most reputational damage during the Hayne inquiry also suffered the biggest outflows from their platforms in the September quarter, data from Strategic Insight shows.
January 08, 2019
Macquarie defectors struggled with strategy shift
Ex-Macquarie planners say they have no problem with changes to the business’s remuneration models and that the new ways clients are charged, and potentially dropped, is the real issue.
January 07, 2019
2018: a defining year for advice
From regulation, to oversight, to education standards and beyond - 2018 will go down in history as a significant year in the lives of advisers, executives and business owners in the wealth management industry.
December 20, 2018
Associations band together around code monitoring
A coalition of associations will work together to provide a unified code-monitoring scheme and aim to use scale and expertise to bring down costs for advisers – pending ASIC’s approval.
December 19, 2018
