Reflection: Managed accounts herald wider change
Firms that take a big-picture approach use the resources freed up by a move to managed accounts to focus on the services that clients value most.
July 28, 2017
Prime Millennials for engagement through digital advice
Advisers should use digital technology to engage Millennials now, with a view to overcoming trust issues and “harvesting” them later in life, the FSC Leaders Summit has heard.
July 27, 2017
Sense of style: know the 5 ways clients engage
There are five styles of clients and knowing what kind is in front of you can help generate value for you and the consumer, a panel at the FSC Leaders Summit heard.
July 27, 2017
ANZ Wealth pilots active lifestyle program with OneCare customers
ANZ Wealth has launched its OnePath Steps Challenge, a 90-day pilot program that encourages and rewards active lifestyles among OneCare customers. Selected participants can use their wearable fitness device or a mobile phone fitness application to track their steps and will receive a WISH e-gift card each time they achieve 10 days of a minimum
July 26, 2017
How managed accounts help you create value for clients
The benefits to your business of managed accounts are not typically things clients value – but they can give you the resources to deliver what consumers want.
July 26, 2017
Australian Responsible Investments Outperforming Mainstream
Responsible investment funds are outperforming their average mainstream counterparts year on year, as the market for responsible investment continues to grow in Australia, the latest Responsible Investment Benchmark Report 2017 has found. Launched today by the Responsible Investment Association Australasia (RIAA), the report shows ‘core’ responsibly invested Australian share funds and balanced multi-sector funds have
July 25, 2017
Bowen: Labor’s royal commission would examine regulation
A royal commission into banking and financial services would examine potential regulatory changes, not just scrutinise poor behaviour, shadow treasurer Chris Bowen says.
July 25, 2017
For retirees, age is more than one number
Longevity risk is just one area where retirement income products should be personalised and de-regulated, professor Moshe A. Milevsky says.
July 25, 2017
AMP reduces, simplifies MyNorth fees for individuals and families
AMP is introducing lower fee caps and a simplified fee structure for its market-leading investment wrap platform, MyNorth. The changes, which take effect from 12 August 2017, will reduce costs and provide greater fee flexibility and transparency for new and existing customers and their families. Under the new structure an individual customer’s combined portfolio value
July 25, 2017
PIMCO-Allianz Taskforce Tackles the Retirement Income Innovation
Taskforce harnesses the joint capabilities of PIMCO and Allianz and is finalising detailed market testing to inform the development of innovative retirement solutions in Australia that target the broad spectrum of risks in retirement. PIMCO, a leading global investment management firm, has established an Australian-based taskforce with Allianz, PIMCO’s parent company and one of the
July 25, 2017
SMSF trustee penalties increase
The ATO has many weapons in its arsenal when it comes to regulating SMSFs. One of the most frequently used has increased in cost from July 1, 2017 for defaulting trustees of SMSFs
July 25, 2017
Finding Monopoly’s “orange squares” in property investing
In the board game Monopoly, a roll of the dice can determine your property fate. In real life, there’s other, more strategic ways of identifying value.
July 25, 2017
