Lack of diversity stunts reach of advice
If advisers remain focused on 50-year-old male clients, they won’t be doing themselves or the community any favours, two young advisers say. Growth requires broader representation.
July 04, 2018
A moveable feast: where advisers will land in 2019
Proposed bank spinoffs and disposals, along with the exit of a top-10 dealer group, have the industry in flux. Here’s what advice ownership could look like in 2019.
July 03, 2018
Goodbye AUM: pay models in play
Charging a percentage of AUM is still the dominant model but changes in regulation and consumer expectations are giving rise to many alternatives, writes David Haintz.
July 02, 2018
Netwealth leads upstarts in platform race
The institutional behemoths still hold sway but data from Strategic Insight shows new, independent outlets are quickening their pace. Tahn Sharpe writes.
June 28, 2018
Client-centricity needs more than just lip service
The industry is generating plenty of discourse about putting the customer first but data from Business Health shows advisers are becoming worse at actually doing it.
June 27, 2018
3% per cent cap on super fees: why it matters
The swift progress of Kelly O’Dwyer’s plan to limit charges on Super to 3 per cent is a sign of the appetite for regulation in Parliament. All sectors will feel the impact.
June 26, 2018
CBA joins the great wealth escape
The disintegration of the institutional wealth advice model is happening. The banks are announcing sell-offs, spin-offs and divestitures of their wealth management businesses.
June 25, 2018
We’re thinking about SoAs all wrong
Advisers should see SoA requirements as a privilege, paper is passé, and firms should stop using technology developed in 105 B.C., the FPA’s Ben Marshan has said.
June 22, 2018
Expect legislators to come down hard: Bernie Ripoll
Politicians will have plenty of motivation to drop the hammer on the financial planning industry, the architect of the Future of Financial Advice reforms told Professional Planner.
June 21, 2018
Battle of the ban: the conflict to end grandfathered commissions
The FPA and ASIC have drawn a line in the sand. The time has come to end grandfathered commissions, they say, but many predict harmful unintended consequences. Matthew Smith writes
June 20, 2018
