Baby boomers reshaping investment landscape
There will be radical changes to the way money is invested over the next three-to-five years, according to AMP Capital, which is preparing to launch a dynamic asset allocation strategy into the retail market by year-end. Baby boomers are driving change because they’re tired of traditional managed funds which fail to meet their needs, said
August 08, 2013
In Focus: Time keeps on ticking, ticking, ticking …
A conversation with a client about retirement income should start not with how much money they’ll have, but how much time they will have. Full In Focus feature, Time keeps on ticking, ticking, ticking …, is available here Discussing a client’s likely longevity – and unavoidably, therefore, when they’re likely to die – might seem like
August 01, 2013
Planners face reality check on SMSF business
Financial planners consistently overestimate the amount of revenue they will derive from self-managed superannuation fund clients, but those who foster relationships with accounting firms are far better placed to meet targets. While the Vanguard and Investment Trends Self-Managed Super Fund Planner Report covered a range of investor and adviser issues, a recurring theme was the
July 30, 2013
Who are the Best Practice finalists?
The quest to identify Australia’s best financial planning practice has produced a shortlist of finalists that demonstrate how regulatory change and economic uncertainty represent no hurdle to running a great business. The Best Practice Competition 2013, run by Professional Planner and consulting firm Business Health, and supported by MLC Advice Partnerships, attracted more than 200
July 30, 2013
Buzz in recruitment but legacy books face sting
Licensees are reporting vastly different recruitment experiences in the first month of the Future of Financial Advice reforms with some recording high levels of query from advisers looking to switch while others claim it is now harder than ever to move. Last week, Futuro managing director Dennis Bashford said the dealer group was experiencing a
July 29, 2013
Still an equity-friendly environment: Fidelity
While global market uncertainty has picked up in recent weeks, Fidelity’s Dominic Rossi believes we remain in an equity-friendly environment. He argues that it is significant that the recent falls in equity markets were not accompanied by elevated volatility. I have been saying for some time that we need to see a low volatility environment
July 22, 2013
A heart-to-heart client conversation
Advisers who don’t recognise clients’ desire to give are not providing a full service, says Laura O’Rourke.
July 22, 2013
PIS under pressure
Centrepoint Alliance, owner of Professional Investment Services, hopes a new management team will be able to turn around the beleaguered dealer group after the regulator expressed concerns over compliance. An independent expert will monitor the financial advice given by Professional Investment Services (PIS) representatives for the next nine months under standards set out by the
July 18, 2013
