News

Adviser industry suffering highest levels of burnout

Over 80% of financial advisers say they find regulatory and compliance demands to be highly or very highly stressful, according to a report. ...

Funds management

Australia to move to environment of 'cutting the pie'

Australia is likely to mimic the US by making a move away from a growth-focused environment to one focused on redistribution, according to T. Rowe Price, while sectors ar...

Funds management

Global ETPs see 110% AUM growth

Investors are demonstrating a clear preference for accessing global equities via exchange traded products as assets have increased by more than 100% in the past year, dou...

Funds management

Zenith introduces dedicated index fund rating

Increased demand for a dedicated rating scale will include ratings of ‘Index Highly Recommended’, ‘Index Recommended’ and ‘Index Approved’....

Financial planning

Advisers surprised by breaches reported to ASIC

There have been rising cases of advisers who have found themselves as subjects of a breach without their knowledge after applying for their own Australian financial servi...

Financial planning

FASEA will indicate to you if an exam is worth re-marking

If you did not pass the FASEA exam and apply for a re-mark, FASEA will give you some indication whether or not it is worth trying....

Financial planning

Digital advice with a human touch best of both worlds

Hybrid models of advice using digital advice will be necessary in the future, with a human adviser touch still required at the forefront, according to a whitepaper....

Superannuation

Disclosure changes open door for ‘reckless behaviour’

Changes to disclosure measures under the Treasury Laws Amendment (2021 Measures No.1) Bill could be a “green light for more reckless behaviour”, according to the Australi...

Funds management

Quay makes first office purchase in five years

The price of office property is “so cheap” that it has persuaded Quay Global Real Estate to re-enter the sector after a five-year break. ...

Funds management

Monash exits troubled LIC structure

The firm has completed a three-year effort to restructure its Monash Absolute Investment Company into an exchange traded managed fund, admitting it was a mistake to opt f...

Financial planning

Two Adelaide-based firms join Count Financial

Adelaide Private Wealth and DMCA Advisory have joined the CountPlus network, which has added 25 new firms this year. ...

Financial planning

Pathway for advisers to avoid being classified as 'new entrant'

If existing advisers are classed as “ceased” by the end of 2021 and have not passed the FASEA exam they will not be classified as a ‘new entrant’ in 2022 if they want ret...