First State Super needs to manage conflicts like many of its peers that also own advice, not to mention potential governance issues that may arise from investing in a business that also provides services to members. FSS CEO Deanne Stewart addresses both topics.
Matthew SmithJuly 2, 2020
Heads of the country’s two largest vertically integrated wealth businesses and advice networks told policy makers that laws might require a rethink to make advice more affordable to Australians.
Matthew SmithJune 30, 2020
Advisers want shorter, more direct conversations with relationship managers over zoom than they had in person, which means product providers and licensee representatives will need to rethink their engagement models.
Tahn SharpeJune 30, 2020
Kenneth Hayne may have taken umbrage with the mere existence of BoLRs, but it will be the fairness of the changes AMP made to the valuation terms that MP Deborah O’Neill will ask ASIC to consider at a parliamentary hearing in July.
Matthew SmithJune 29, 2020
It is estimated around 640 advisers exited AMP dealer groups AMP Financial Planning, Charter and Hillross in the last year and a half with hundreds more expected to leave in the next 12 months as the structure for the group's 'aligned' business takes shape.
Matthew SmithJune 25, 2020