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
What if the advice industry were already a profession?
Issues that arose during the royal commission public hearings might have been treated differently had a profession, as defined here, existed at the time.
June 19, 2018
Advisers told to ask clients, ‘Can we start again?’
Disjointed conversations between financial planners and advisees was just one issue Licensee Summit participants said the industry could improve to win back trust.
June 18, 2018
Big tech’s reckoning
While debt is cheap, nobody cares about the bad news. But it won't be long before the public markets deal deal tech companies the tough love central banks have not.
June 14, 2018
Financial product design needs a rethink
Product architecture has leaned towards technical issues and financial engineering and steered conversations away from real conversations.
June 13, 2018
Dover collapse could chill exodus from big licensees
The fall of Dover Financial Advisers could mean second thoughts for firms considering self-licensing or a second-tier licensee, Morgan Stanley’s Daniel Toohey says.
June 12, 2018
Self-licensing debate must consider tribalism effect
Advisers are staying with licensees because they take pride in their associations with other practitioners, GPS Wealth managing director Grahame Evans says.
June 08, 2018
