MLC future still murky, despite new CEO
Geoff Lloyd’s appointment as new chief executive at MLC has been greeted warmly and suggests an IPO is on the cards. To be successful, he’ll need to keep advisers in the fold.
July 17, 2018
Data feeds devalued as API emerges
Government-mandated open banking will empower new tools and lessen the value of data feeds in systems such as Xplan and Coin, one fintech executive says.
July 16, 2018
Side by side: friendship forged in advice
Amie advised Tina and her husband to set up an SMSF, but the relationship was cemented when the pair started sharing war stories about balancing the budget while raising kids.
July 16, 2018
FASEA exam proposal will scare some advisers
The standards authority released its draft exam parameters yesterday. Verante’s Liam Shorte thinks they might make a few advisers nervous, Tahn Sharpe writes.
July 12, 2018
API enables tailored advice
As we move towards government-mandated open banking, advisers can’t afford to miss out on a tool that allows a personalised experience, an executive from one startup says.
July 11, 2018
Now’s not the time for more regulation
Signs point to an increased regulatory burden on the horizon for financial planning but this is out of step with historical norms, based on where the economy is at the moment.
July 11, 2018
‘Proof’ that active beats passive
Based on the recent actions of regulators, we should expect index products available to super funds to show clear outperformance of active equivalents – but the reverse is true.
July 10, 2018
Two-thirds want individual licensing: poll
A Professional Planner online survey has revealed a clear majority believe the financial planning industry would be better served by individual licensing for advisers.
July 10, 2018
ANZ deal will weaken IOOF education levels
IOOF dealer groups have some of the highest levels of education per adviser in the industry, UBS research shows. Adding ANZ’s aligned advisers to the network will change that.
July 10, 2018
Ex-bank advisers need not apply
A recruitment specialist says private advice firms are reluctant to consider hiring ex-bank advisers, but industry super funds are increasingly willing to bring them on board.
July 09, 2018
