Managed accounts present further research needs
There is potential for the role of research in managed accounts to expand to help advisers show they’re on top of the portfolios they’re offering to clients as regulator scrutiny over performance ramps up. The discussion on the Shape of Advice podcast comes as the latest managed account census data shows the market has shot past $200 billion in funds under management.
October 08, 2024
Cost of living pressures put focus on quality advice offerings
A spike in the cost of living is having an effect on pre-retiree and retiree member behaviour, and super funds with a solid and accessible advice offer are well placed to help these members negotiate some tricky and complex issues.
October 08, 2024
FAAA announces finalists for annual awards
The finalists for the Financial Advice Association 2024 awards have been selected, across six categories and will be announced at the FAAA Congress in November.
October 08, 2024
Five female risk advisers named ReCALIbrate recipients
The Council of Australian Life Insurers (CALI) has offered five women in risk advice $2000 to attend the Financial Advice Association National Congress in November through its ReCALIbrate program. The grants will go towards expenses required to attend the congress.
October 08, 2024
Brace yourself, ‘super licensees’ are coming
It’s time to ditch the licensee moniker because it fails to capture the importance and value of the broad services and solutions they increasingly provide, AZ NGA’s Paul Barrett writes. The next generation of licensees will move from a defensively minded risk management mentality to an offensively minded position to help advice firms further their competitive edge.
October 04, 2024
$50 million settlement concludes OnePath class action
Following the Hayne royal commission, Insignia-owned OnePath found themselves in the centre of a class action lawsuit, brought by law firm Slater and Gordon. Almost four years later, the class action has reached a settlement to the tune of $50 million.
October 04, 2024
Iress appoints two non-executive directors
Iress has appointed Susan Forrester and Robert Mactier as non-executive directors.
October 04, 2024
AustralianSuper names head of Americas alongside other new hires
AustralianSuper has appointed Mikaël Limpalaër as its head of Americas, alongside a slew of other new hires in the US office.
October 04, 2024
Licensees should be taking leadership on AI
Licensees must take the reins and help guide advice practices with the implementation of AI. Appointing a full-time expert to educate team members on the emerging technology is a first step in the effective adoption.
October 03, 2024
FAAA names winner of Gwen Fletcher Memorial Award for semester two 2024
Craig Roberts of Elston Private Wealth in Queensland has been awarded the Gwen Fletcher Memorial Award for the second semester of 2024 by the Financial Advice Association.
October 03, 2024
AMP Advice adds firm to network ahead of Entireti move
AMP Advice has announced that wealth management and strategic consulting group Stantins Financial Services has joined its network.
October 03, 2024
UK mulls the dos and do nots of superannuation
As UK pension reform picks up steam, British policymakers and funds have embarked on fact-finding missions to understand the inner workings of their Australian counterparts. Of particular focus has been what has – and hasn't worked – like performance testing, stapling and the conflict between costs and member outcomes.
October 03, 2024
