Class Super cloud SMSF administration software expands partner ecosystem with actuarial certificate specialists Haintz Actuarial
Class, the provider of Class Super, Australia’s leading cloud-based solution for administering self-managed superannuation funds (SMSFs) – has further expanded its partner ecosystem by partnering with specialist actuarial certificate provider Haintz Actuarial Pty Ltd. Actuarial certificates are generally required for SMSFs that pay a pension income stream and have an accumulation interest. The purpose of
June 25, 2015
Former FPA chair calls time on a 17-year financial planning career, looks for fresh challenges
The former chair of the Financial Planning Association (FPA), Matthew Rowe, is calling time on a 17-year career in financial planning, and has resigned as managing director of the Adelaide-based financial services group Hood Sweeney. Rowe will depart in August to study at the prestigious Harvard Business School in the US before returning to Australia
June 23, 2015
A Greek tragedy or not? Responding to client queries about market events
As the media hype around a potential “Grexit” (a Greek exit from the Eurozone, for those living under a rock) nears its peak, many financial planners will field client questions about how it will affect them. Regardless of how the situation is resolved, the level of client interest and the detail of their questions highlight the
June 23, 2015
AdviceSimplicity: helping financial planners do what they do best
AdviceSimplicity (advicesimplicity.com.au), an innovative para-planning and consultative platform, has been launched to help Australian financial planners efficiently produce compliant advice and related documents. Managed by the same team behind AdviserLogic software, which has over 50 years combined experience in financial services and technology solutions, AdviceSimplicity product manager, Daniel Gara, said the platform was born out
June 22, 2015
Greece reaches the Last Chance Saloon
Next week probably represents the last chance for the Greek government and its official creditors to reach an agreement and prevent a default. If the negotiations fail, bankruptcy and capital controls are likely to follow. This would not necessarily lead to euro-area exit, but would certainly represent an important step in that direction. As widely
June 22, 2015
Standard Life Investments’ Absolute Return Fund added to Asgard platform
Standard Life Investments, the global asset manager, is pleased to announce that its highly successful Global Absolute Returns Strategies Australian Trust (ARN 125 891 26) is now available to Wholesale Clients via the Asgard Investment platform. Global Absolute Return Strategies (GARS) is an award-winning multi-asset strategy, which aims to provide positive returns in all market
June 22, 2015
Life after Genesys as duo break the dealer group mould
Two former Genesys Wealth advisers Dieter Tode and Travis Martin have set up their own financial planning business inside Perth-based practice The Wealth Designers (TWD). Tode and Martin, co-principal planners of the business, met while employed at Wealth Plus Solutions, formerly an authorised representative of Genesys before the AMP licensee was wound up in February.
June 19, 2015
Historically low interest rates prompt a re-examination of investors’ options for income
In May, when the Reserve Bank of Australia cut official interest rates to the historically low level of 2 per cent, most attention naturally focused on the impact the cut would have on the cost of repaying a mortgage. Some, but considerably less, attention was paid to the impact on investors relying on income from
June 19, 2015
Steve Helmich: don’t just change your own world, change the total world
When Steve Helmich walks out of AMP’s Circular Quay headquarters in Sydney in September, he’ll wave goodbye to a place where he’ll have worked for 41 years, nine months and one day. During that time, Helmich has driven significant change within AMP itself and the way its financial planning businesses are structured and how they
June 18, 2015
An IFA’s novel, fee-based approach to serving low-complexity clients
Both clients and entry-level financial planners are benefiting from a flat fee, bells-and-whistles free advice model being offered by Roskow Independent Advisory, says co-director Neil Salkow. In terms of client numbers, around 20 per cent of Roskow’s client base are signed up to the Adviser Access program it rolled out around six months ago, though
June 18, 2015
When only a purpose-built recruitment solution will do
Financial planning practice Clarity Wealth has launched an in-house recruitment business to serve both its own needs and those of the broader small-to-medium practice arena. Clarity Recruiting opened for business within the last fortnight, as a separate division of the practice, which itself operates under the Australian Financial Services license of ANZ-owned RI Advice. Headquartered
June 18, 2015
