How advisers can learn from the thinking of First Nations people
After meeting Indigenous scholar Tyson Yunkaporta six years ago, financial adviser Paul Kearney has found inspiration and lessons in the deep understanding of country and nature that First Nations people possess.
May 28, 2025
CSLR underspend due to slow claims processing
The $18.5 million collected by the Compensation Scheme of Last Resort in FY25 will not be fully utilised due to slow claims processing. Advisers will get some relief as the unallocated funds will be carried forward – but not until FY27 – and CEO David Berry says the exact figure won’t be confirmed until after an audit is completed in August.
May 27, 2025
What no one tells you about choosing a capital partner
Advice practices are grappling with how to choose a capital partner to capitalise on an environment where lucrative M&A deals are taking place, writes Encore Advisory’s Brendan Johnson. But first you must also consider if a capital partner is needed – and in most cases it isn’t.
May 27, 2025
Meet the advisers pioneering the profession’s AI adoption
The advice profession’s understanding and adoption of AI is still developing, with the majority of advice businesses just starting their journey given the nascency of the technology. But a small number of pioneering practices are already well advanced.
May 27, 2025
Associations release guide to navigate complex advice-fee tax deductibility rules
The Financial Advice Association Australia, in conjunction with three major accounting bodies, have set a guide to navigate the complicated regulatory regime that dictates the tax deductibility of advice fees. Because financial advice is unlikely to be solely comprised of tax advice, full tax deductibility of fees will be rare.
May 26, 2025
A minor tweak that can make advice firms ‘high performing’
The way advice firms structure their team is essential to the sustainability and efficiency of the business. According to research there’s one potentially overlooked staffing call that could make the difference to become a “high performing” firm.
May 26, 2025
‘Reeks of inconsistency’: Advisers furious over HESTA outage
Advisers have grown frustrated over the six-week service blackout by HESTA and say it restricts the onboarding of clients who are members of the fund, hampering the resources of practices. While the outage is due to conclude within a couple of weeks, the industry fund says it has tried to direct advisers to a dedicated support line until the planned admin transition project finishes.
May 23, 2025
Assessing the right circumstances to dob in another licensee
Most licensees are across their obligations to dob themselves to ASIC when they become aware of a ‘reportable situation’, but less so that they are required to dob in other licensees in certain circumstances. Holley Nethercote partner Samantha Hills writes this requirement should not be understated as avoiding it could be breaking the law.
May 23, 2025
The most ‘irritating’ behaviours exhibited by advisers
Morningstar has uncovered what the most “irritating” behaviours by financial advisers are and how these can be fixed to better maintain client relationships. While these habits may not be terminal – the researcher says only 6 per cent of clients fire an adviser – it should still be a “wakeup call” to improve best practice.
May 22, 2025
