Advice firms planning reactions to royal commission, FASEA
A high proportion of advisers will change their business models within the next 18 months, a PP Online poll reveals.
September 28, 2018
Hayne report to push new advice standard
“Most wrongdoing is done by good people,” The Ethics Centre executive director Simon Longstaff says, while discussing the Hayne Inquiry’s upcoming recommendations.
September 27, 2018
Advisers see regulation, FASEA standards hindering growth
New research shows the compliance burden and FASEA’s impending standards are the greatest perceived threats to growth. Advisers will look to licensees for help.
September 24, 2018
BT denies claim its platform fees don’t stack up
The provider has hit back at a Bell Potter study that states the pricing on its flagship Panorama platform suite is more expensive than headlines suggest.
September 19, 2018
Where to now for the life insurance industry
It is going to be more important than ever for life cover to be sold by advisers who have a deep understanding of why people might need it, writes Andrew Main.
September 19, 2018
Small firms big targets of cyberattacks
Hackers are going after smaller advice firms, one expert has warned. Until the industry benchmarks security standards, he says, the rich pickings will continue for cyber criminals.
September 18, 2018
NAB nixes ‘wealth’ in leadership shuffle
Changes to the bank’s executive team lead to abandonment of the term ‘wealth management’, amid reputational damage control.
September 17, 2018
CFPs wait nervously for FASEA ruling
FASEA signed a memorandum of understanding with TEQSA in April and has held discussions about recognition of qualifications but the fate of the FPA’s CFP program is unknown.
September 14, 2018
Many advisers are planning to fail: research
As long as revenue keeps rolling in, advisers think everything is going to be fine, new data shows – but the truth may well be different.
September 14, 2018
TAL’s covert surveillance revealed at Hayne inquiry
The insurer hired a private investigator and used medical professionals to find evidence that would allow it to discontinue an expensive claim.
September 14, 2018
Time to call yourself an adviser
If you’re calling yourself a financial planner, it’s possible you’re selling yourself short and clients will be less likely to open up to you.
September 13, 2018
