Industry
M&A spree continues with Fiducian’s MyState buy
The purchase is part of a recent run of acquisitions by firms taking advantage of a surging buyers’ market and betting on the profitability of advice.
Tahn SharpeJune 17, 2019
Industry
Industry
AFA/FPA confirm alliance, join life insurance movement
The FPA and AFA’s new taskforce, an extension of an alliance the two representative bodies confirmed in May, adds weight to the life insurance industry's ‘single voice’ movement.
Matthew SmithJune 17, 2019
Industry
Westpac finalising advice referral partners
After folding its BTFG brand internally and exiting personal advice, Westpac is close to settling on a panel of ‘specialist advice businesses’ to send client referrals to.
Tahn SharpeJune 14, 2019
Licensees
Count Financial sold to ‘natural home’ CountPlus
The converged accounting and advice practice is backing itself to run CBA’s second largest cluster of advisers, and could extend its influence over the group considerably.
Tahn SharpeJune 13, 2019
Licensees
A case study in front running disruption: Centrepoint
Transparency with advisers was an essential part of the transformation process Centrepoint Alliance CEO Angus Benbow kicked off close to a year ago now. Leaders have no choice but to face into the challenges, he says.
Matthew SmithJune 12, 2019
Industry
‘Not all commissions are bad’: Insurance advisers find a single voice
Policy experts, practitioners, representative bodies and business leaders gathered together to establish a single voice in support of better consumer outcomes and a sustainable sector ahead of a landmark review.
Matthew SmithJune 11, 2019
Technology
Risk profiling needs to get smarter: Academic
Katherine Hunt says it’s “quite strange” that advisers tend to use the same old academically untested risk profiling tools. No wonder, she says, they keep providing the same biased results.
Tahn SharpeJune 7, 2019
Licensees
Advisers sticking around will pay up for services
Advisers have a reasonably high tolerance for licensing fees to continue to increase, but the bar has been raised on the quality of services they expect.
Matthew SmithJune 6, 2019