Milliman: building better default retirement products
The financial services industry can learn an important lesson from the surprise Brexit vote, according to Milliman Australian practice leader Wade Matterson. The British public’s decision to leave the European Union on June 23 came despite a weight of factual evidence warning of dire economic consequences, sending another wave of volatility through global markets. “Why
July 29, 2016
CFP or not CFP? The pen may not be mightier than the sword
Confusion abounds around new education standards for financial planners, with different requirements for existing and future advisers. Simon Hoyle writes it’s going to be a long rest of the year.
July 29, 2016
Special report: Brexit a victory for democracy however you look at it
What are the consequences of the Brexit vote for investors with a long-term horizon? Less than what they might seem, writes Stephen Kotkin. But upheaval may be likely all the same.
July 28, 2016
Best planning advice: build your ark before the flood
Nathan Bell shares his “battle plan” for financial planners, in which he advises: “Build, protect what you’ve got, stay flexible, stick to your plan and prepare.”
July 28, 2016
24 HOURS: A day in the life of … Priority1 Wealth Management
Professional Planner goes to metropolitan Melbourne for our series focusing on the day-to-day activities of leading financial planning businesses across Australia.
July 28, 2016
Stockspot launch digital financial assistant powered by artificial intelligence (AI)
Stockspot, Australia’s leading automated investment adviser and fund manager, today announced its move into artificial intelligence and machine learning with the launch of its digital financial assistant. Stockspot is the first investment adviser in Australia to integrate AI and machine learning functions into financial advice. The AI functionality works by analysing the data of thousands
July 27, 2016
Demand for managed risk equity strategies increases amid volatile market
With interest rates at record lows, traditional asset allocation approaches of diversifying into lower risk investments to manage risk may no longer be appropriate for income-oriented investors in or approaching drawdown mode. This finding comes from the latest Adviser whitepaper by BetaShares, a leading exchange traded fund manager, titled: ‘The Case for Managed Risk Investments.’
July 27, 2016
The road to professionalism never did run smooth
Although still not a profession, financial planning has come a long way. Ben Power writes about what delegates can expect at the upcoming IFAAA symposium, scheduled for October.
July 27, 2016
ASIC’s is a tough job, but somebody has to do it
Simon Swanson says ASIC has huge responsibility – not helped by an industry riddled with historical issues – and needs support for it to keep up the good work.
July 27, 2016
Creating sustainability and a focus on value for consumers
Superannuation has had a lot of attention recently - not all of it good. Colin Tate spoke at the FSC 2016 Leaders Summit about creating a system that is both workable and fair.
July 27, 2016
New fintech fills the void of efficiency and independence for managed accounts
MA Operator, a brand new technology for financial advisers, launched in Sydney today. The firm provides three different services on the same comprehensive platform and low-cost model: . A complete service for managed discretionary accounts (MDAs), including risk and compliance management, which replaces numerous systems and processes advisers currently need to use to offer MDAs
July 26, 2016
Valant Capital to provide Synchron advisers with investment solutions
A new company, Valant Capital, has been created to provide leading platform, investment and insurance solutions to the advisers of Australia’s largest non-institutional licensee, Synchron. In a strategic decision made by the Synchron Board and in response to adviser demand, the investment solution offered by Valant Capital broadens Synchron’s value proposition to its now over
July 26, 2016
