Advisers get volatility tools
Financial planners will receive help with explaining share investment concepts to their clients in the form of a new volatility tool designed by global fund manager FidelityAustralia.
Head of adviser business development Meaghan Unsworth said the tool will make basic investment principles easier to understand and clarify issues that may be worrying clients during uncertain times.
“Due to recent uncertainty in the markets, risk and volatility are at the forefront of people’s minds,” Unsworth said.
“Our volatility tool gives investment professionals resources that can help their clients understand why basic investment principles still make sense when investing in volatile times.”
According to Unsworth, Fidelity will release three tools that emphasise the importance of taking a long-term perspective when investing.
The first is an interactive website that explains some of the risks involved when investing in shares, and illustrates how shares have performed over various timeframes.
The second tool is a wall chart that provides a historical overview of Australian and global shares over the past 20 years.
The final tool is an A4-sized handout, which similarly documents the past 30 years of the Australian share market and shows volatility and growth over the past 10 years for global, Australian, Chinese and Indian shares.
The tool can be found at http://www.fidelitytools.com.au
Recommended for you
An adviser has received a written reprimand from the Financial Services and Credit Panel after failing to meet his CPD requirements, the panel’s first action since June.
AMP has reported a 61 per cent rise in inflows to its platform, with net cash flow passing $1 billion for the quarter, but superannuation fell back into outflows.
Those large AFSLs are among the groups experiencing the most adviser growth, indicating they are ready to expand following a period of transition and stabilisation after the Hayne royal commission.
The industry can expect to see more partnerships in the retirement income space in the future, enabling firms to progress their innovation, according to a panel.
