Emerging trends in the new advice world
Financial advisers are actively seeking better ways to build, manage and administer direct portfolios, and they’re increasingly open and adventurous when it comes to adopting new technology, according to experts at the recent ASX Listed Product Accreditation Course Leaders Retreat (LPAC). “Most good advisers use direct equities as a core part of their service offering,”
November 17, 2014
Streamlined estate planning solution keep advisers in control
Leading documentation provider Topdocs has released a new estate planning solution for advisers that streamlines the process of obtaining estate planning advice and documentation, and most importantly, keeps the adviser at the heart of the client’s financial affairs. Developed to enable advisers to provide a more holistic service to their clients with respect to estate
November 17, 2014
Accountants advised to strike a BALANCE on licensing options
A licensing solution is only one of the things that accounting firms have to think about when deciding the best way to deal with the end of the accountants’ exemption in July 2016. Scott Charlton, a chartered accountant and business coach, who is also who heads a new licensee established by Fortnum Financial Advisers, and
November 17, 2014
Important action for LRBAs – especially for off-the-plan purchases
In December 2013, the Hon Joe Hockey MP announced the final terms of reference for the government’s Financial System Inquiry and the appointment of four members to serve on the inquiry panel, which is being chaired by David Murray AO. An interim report was released by the inquiry earlier this year. The interim report said:
November 17, 2014
Approaching KPIs from a different perspective: love your work!
It is already November and many readers’ thoughts may already be drifting to the end of the year. Your friends, family and business colleagues may soon be asking, “Have you had a good year?” You may also be asking yourself the same question as you reflect on 2014. Thinking about the question from a business
November 17, 2014
AXA IM to offer impact investing fund of funds strategy
AXA Investment Managers (AXA IM) plans to offer its impact investing fund of funds strategy to external investors in response to growing client demand. The move forms part of AXA IM’s growing suite of multi-asset ESG integrated strategies which are gaining positive momentum with global and Australian investors. AXA IM’s global Responsible Investment team began
November 14, 2014
Barclays and MSCI announce launch of Green Bond Index family
Barclays, a publisher of leading broad market bond benchmarks, and MSCI Inc., a leading provider of investment decision support tools worldwide, announced today the launch of a new green bond index family measuring the global market of fixed income securities issued to fund projects and initiatives with direct environmental benefits. The Barclays MSCI Green Bond
November 14, 2014
Two months on: the financial planning revolution, refined
Two months after arriving at Harvard University, Simon Malian has begun refining a plan to create a virtual financial planning service and is considering developing a real estate investment tool to create a beach-head into the industry. Malian, a Master of Science in computational science and engineering candidate in the Harvard School of Engineering and
November 14, 2014
Financial advice is an accountant’s path to asset-based fees
Accountants often view financial advice as a way of boosting practice values and adding a product-led revenue stream, says Michael Rees-Evans, director, Libertas Wealth Consulting. “I’ve spoken to accountants…I think the motivation for a lot of them getting into advice seems to be the attraction of what they perceive as easy money…It simply gets them
November 14, 2014
State Street and FNZ to deliver enhanced personalised wealth administration
State Street Corporation (NYSE: STT) and FNZ Australia (FNZ) have announced that State Street’s Australian clients will now have access to FNZ’s wealth management technology solutions. This combined solution will bring together FNZ’s global platform technologies and State Street’s custody and asset servicing capabilities to provide a range of personalised wealth administration services via a
November 13, 2014
Volatility no barrier to success
High levels of volatility in global markets have again driven opposing behaviours between Australian active investors and high net worth investors in regards to demand for overseas assets. This was a key finding of the October Certitude Global Investing Intentional Index (CGIII). The CGIII, which collates the views of 515 actively engaged leading investors and
November 12, 2014
Poor financial advice is often underpinned by bad risk profiling
The Australian financial planning sector is moving toward a behavioural finance approach to risk profiling regulation, according to the national head of DNA Behavior. “This supports the very basic Future of Financial Advice (FoFA) language that’s in the regulation around know your client, know the product,” says Malcolm Le Lievre, managing partner, DNA Behavior. The
November 12, 2014
