A recipe for education standards already exists, so why the delay?
Academics are scratching their heads as to why the new education standards deadline for existing planners has been pushed out to 2024. Simon Hoyle reports.
July 01, 2016
Declining liquidity in FI markets continues, says Zenith.
Declining liquidity in Australian corporate credit markets is continuing, according to a key finding in Zenith‟s 2016 Australian Fixed Income (AFI) Sector Review. Andrew Yap, Zenith Head of Multi Assets and Income Research, said “While this trend formed in the aftermath of the Global Financial Crisis (GFC), Zenith has observed an acceleration over the last
June 30, 2016
Zenith assigns ‘Highly Recommended’ rating to Legg Mason Australian Bond Trust
Legg Mason today announced that its Australian Bond Trust has been upgraded by Zenith to ‘Highly Recommended’, as at June 2016. The Trust is managed by Legg Mason’s largest affiliate fund manager, Western Asset Management, a fixed income specialist with $US436 billion under management. The principal investments of the Trust include government bonds, corporate bonds
June 30, 2016
Brexit volatility to indirectly hit Australian market, have mixed impact on global bonds
The surprise decision by UK voters to leave the European Union has resulted in global volatility that will persist for the short term and lead to a two-way division in the performance of core and periphery bond markets, according to Western Asset Management. In a whitepaper discussing the impact of the Brexit, Western Asset’s Head
June 30, 2016
Link Digital Solutions announces partnership with Ignition Wealth
Link Group’s digital and mobile solutions provider Link Digital Solutions today announced an integration with digital advice tool partner Ignition Wealth. This partnership will provide superannuation fund members with seamless access to advice tools, such as super and insurance cover calculators, directly through Link’s online member portals. Online advice tools are increasingly being used by
June 30, 2016
Regulation must put robos on an equal footing with human advisers
Evolving technology is going to keep changing how financial advice is delivered and regulation needs to keep pace with it, says FPA chief executive officer. Simon Hoyle reports.
June 30, 2016
It’s not me, it’s you: if your licensee doesn’t fit, get a new one
The decision to switch dealer groups isn’t easy, but advisers shouldn’t shy away from making a move if they’re not completely happy with the one they've got. Greg Holman writes.
June 30, 2016
Introducing The Client. Part 1: First advice meeting
An initial consultation with a financial planner can be a baffling new experience as self-doubt and spend-fear take over. Read the first part of a new series viewing the advice process through the client's eyes.
June 30, 2016
Praemium sign up JBWere
Praemium Australia Limited is pleased to announce that it has executed an agreement with JBWere Limited to provide a client reporting solution using Praemium’s V-Wrap portfolio administration and reporting software. JBWere is a leading private wealth management business in Australia and New Zealand, wholly owned by NAB Group, providing premium wealth strategies, advice and investments.
June 29, 2016
Managed portfolios poised to fix the SMSF asset imbalance
A new world of global opportunities is opening up to self-managed super funds (SMSFs) through the latest product innovation to reach the platform space. SMSFs’ traditionally limited allocation to international equities is set to rise significantly in line with the emergence of international managed portfolios, according to a white paper released by leading- edge wealth
June 29, 2016
Leave us out of a royal commission inquiry, planners say
With 54 reviews and inquiries about financial advice in the past seven years about financial advice, Financial Planning Association chief says industry doesn’t need a royal commission inquiry. Simon Hoyle reports.
June 29, 2016
Brexit shocker – politics may be harder hit than markets
Tom Stevenson writes that when it comes to Brexit, “unwinding a 40-year marriage” will take considerable time and effort, but the political upheavals may have the biggest repercussions.
June 29, 2016
