Aussie financial planners considering Chinese opportunities should think again
Treasurer Scott Morrison’s recent comments aside, Australian financial planners would do better focusing on the huge non-advised domestic population than the untapped Chinese advice market. The federal Treasurer emphasised China’s high demand for a wide range of goods and services, including financial services, and his belief Australia is ideally positioned to capitalise on this. “There
November 20, 2015
WorkCover lump-sum insurance payments and financial advice
Before an injured worker can receive a lump-sum payment via a workers compensation scheme there is a requirement in some states that they receive financial advice from a financial adviser. On the one hand, this means opportunities for financial advisers who can align themselves with legal firms who act in this space. On the other,
November 20, 2015
Where to next for model portfolio construction?
Many aspects of financial markets have changed since the global financial crisis. There has also been a significant amount of regulatory change as it relates to the wealth industry. For many professionals in the industry, a focus on putting the client’s best interests ahead of their own is not a new phenomenon, but one that
November 20, 2015
Rantall a ‘tireless worker’ for the profession and its members
The chair of the Financial Planning Association, Neil Kendall, has paid tribute to the tireless efforts of departing chief executive Mark Rantall in shaping the future of the financial planning profession in Australia. Kendall announced Rantall’s departure yesterday at the FPA Professionals Congress in Brisbane. Rantall was awarded life membership of the FPA, and Kendall
November 19, 2015
Wanted: greater numbers of dedicated financial planning professionals
All eyes have been on the issue of financial planning as a profession this week, with the Financial Planning Association (FPA) holding its Professionals Congress, this time in Brisbane, and the Financial Planning Standards board (FPSB) releasing results of global research into consumer attitudes to financial planning. In a neat piece of symmetry, one of
November 19, 2015
India’s promising economy a beacon of opportunity
The recent visits to the United Kingdom by China’s Xi Jinping and India’s Narendra Modi reveal a lot about how diplomats view the world’s biggest emerging markets. The pecking order is clear to see. The Chinese president enjoyed a state banquet and overnight stay at the palace, while India’s prime minister had to slum it
November 19, 2015
Financial Planning Association chief executive steps down
The chief executive officer of the Financial Planning Association, Mark Rantall, has announced he will step down from the association he has led since 2010. He will be succeeded by the FPA’s current general manager of policy and professionalism, Dante De Gori. Rantall’s tenure will end on March 1 next year. At the FPA Professionals Congress
November 19, 2015
2015 FPA Professionals Congress – Daily News
Click on a thumbnail below to see the full PDF version of the 2015 FPA Professionals Congress Daily News, published by the FPA’s major media partner, Professional Planner.
November 19, 2015
New report points to a critical disconnect between financial planners and BDMs
The commercial objectives of business and practice development managers (BDMs and PDMs) are misaligned with those of the financial planners they service, according to a new report from Business Health. Only one-third (38 per cent) of the 74 respondents to the Business Ready II study identified adviser profitability among their top key performance indicators. “The
November 17, 2015
O’Dwyer adamant that life insurance reforms are “done and dusted”
The Assistant Treasurer, Kelly O’Dwyer, says no further changes will be made to the proposed Life Insurance Framework (LIF) following a delayed start date and changes to clawback provisions previously announced. Speaking after a Financial Services Council breakfast in Sydney on Monday, O’Dwyer told Professional Planner that as far as the government is concerned, “What
November 17, 2015
2015 Wheel Classic nears its conclusion as cyclists close in on Brisbane
Cyclists in the 2015 Future2 Wheel Classic are a mere 150km away from their final destination of the Brisbane Convention and Exhibition Centre and will complete the final leg of the ride on Wednesday when they arrive at the opening night reception of the 2015 Financial Planning Association Professionals Congress. Over the course of the
November 17, 2015
