Latest Financial Planning & Services News from Money Management

Guides

Money Management Original

Consumers unwilling to face reality of failing investments

There is an ambivalence among investors to accept they are members of a failing investment scheme with the

19 November

FUM in super and retirement incomes sector posted a fall of 3.4 per cent at the end of March as negative earnings more than offset new money flow, according to DEXX&R.

Money Management Original

Adviser numbers continue to fall to 18,735

Adviser numbers continued to fall by 25 this week even though the large licensee owners dominated growth.

19 November

33 per cent of investors completely understand how they pay their adviser,

Money Management Original

Consumers fail to understand when they are receiving personal advice

Consumers who invested with Sterling Income Group thought their “dreams were coming true” and did not understand

19 November

Money Management Original

AFCA examines possibilities for fairer funding model

The Australian Financial Complaints Authority is examining fees and funding ahead of the findings from an

19 November

The tussle for control over Hunter Hall Global Value has resulted in the fund's chairman, Paul Jensen, resigning from his long-running memberhsip of the WAM board.

Industry news

Easton confirms exit of 100 limited advisers

Easton Investments has confirmed the expected departure of 100 limited advisers in its FY22 outlook due to the

19 November

Industry news

Sequoia expects 16% rise in wealth revenue in 2022

Sequoia, which has reported revenue from its wealth division of $62 million in FY21, has said it expects this to

19 November

Industry news

Average advice practice generating $1.1m revenue

The average adviser is looking after 133 clients while the average practice produces $1.1 million in revenue,

19 November

An application made by a former AMP planner to restrain ASIC from making a banning decision has been dismissed by the Federal Court.

Industry news

Former NSW financial adviser pleads guilty

Gordon-based former financial adviser, Ezzat-Daniel Nesseim, has pleaded guilty to five criminal offences which

18 November

Money Management Original

Advice delivery needs to be simplified

Developing a simpler advice framework should be the industry’s focus for the year ahead, according to Australian

18 November

Money Management Original

Advice ‘about emotions, not numbers’

There is an opportunity for female financial advisers to highlight their different skill sets as female clients do

18 November

Death cover opt-out mooted for under 30s

Money Management Original

Early-stage advice can prevent wealth inequality

The benefits of getting more advice at earlier life stages can help change wealth inequality, according to

18 November

Money Management Original

PI key to CSLR viability

Australian financial services licensees should be required to submit professional indemnity cover as part of

18 November

financial markets

Market Insights

Me

Why wouldn’t they make a profit The new products have barely gotten off the ground and both AMP...

Group lump sum still suffering losses1 day 13 hours ago

Jack Doff

I'm with you Wildcat.
Good luck to them scaling empathy and understanding in an...

Creating an advice brand to rival banks 1 day 15 hours ago

Clapanon

Relax old boy. In a few years time when a large cohort of our present day comrades have departed...

Low number of advisers moving to new licensees after resigning1 day 15 hours ago

Financial planning

Guides

Consumers unwilling to face reality of failing investments

Adviser numbers continue to fall to 18,735

Consumers fail to understand when they are receiving personal advice

AFCA examines possibilities for fairer funding model

Easton confirms exit of 100 limited advisers

Sequoia expects 16% rise in wealth revenue in 2022

Average advice practice generating $1.1m revenue

Former NSW financial adviser pleads guilty

Advice delivery needs to be simplified

Advice ‘about emotions, not numbers’

Early-stage advice can prevent wealth inequality

PI key to CSLR viability

Me

Jack Doff

Clapanon

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Jack Doff

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