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
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
It’s ‘impossible not to be impressed’ with her
Azaria Bell is a shining light in a beleaguered industry, but the award-winning student says she owes much to leaders like Annick Donat and Peita Diamantidis, who sing her praises.
June 08, 2018
Top 10 Funds not a super solution
The Productivity Commission’s proposed changes to default super have caused concern about everything from market cycles to industry fund trustees.
June 07, 2018
Self-licensing to stretch firms and regulator
Many of the newly self-licensed businesses will be unable to cope with the demands of being an AFSL, and ASIC will be stretched handling them, says Affinia’s Marcus O’Sullivan.
June 06, 2018
ASIC to take more ‘intensive action’
The securities regulator will be moving to a more active, “APRA style” of regulation as part of its oversight of the advice and wealth management industry, a leading law expert has
June 05, 2018
