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The cost to produce advice is around $5,335 but the average adviser is charging $3,660 and removing safe harbour and strengthening the code of ethics will reduce the cost...

Financial planning • 13 October 2021

Brett Morgan will succeed Melos Sulicich as chief executive and managing director, with a fixed remuneration of over $600,000 a year....

People & Products • 13 October 2021

The exchange traded fund will give investors who are uncomfortable holding cryptocurrency the opportunity to invest in companies involved in the sector....

People & Products • 14 October 2021

Investors and businesses should evaluate stakeholder management just like one would evaluate investments in other key elements of business strategy, according to an inves...

Funds management • 14 October 2021

Open mindedness should be something all investors strive for and the distinction between value and growth investing should shrink, according to Oaktree Capital Management...

Funds management • 14 October 2021

The ‘White Paper on Financial Advice’ has received industry support from the Financial Planning Association of Australia who say it is aligned with the association’s poli...

Financial planning • 14 October 2021

Financial advisers need to incorporate drivers of satisfaction into the advice process and portfolio construction decisions, according to a study....

Financial planning • 14 October 2021

There is a misguided perception that cryptocurrency is being used for short-term purposes with a quarter of Australians indicating they intend to hold it for over five ye...

Financial planning • 14 October 2021

A report into financial services found over half of female employees had experienced or witnessed harassment or sexism in the workplace with 13% responding they had ‘ofte...

Funds management • 14 October 2021

Although there is a stigma around providing general advice, it could be an alternative for advisers who do not want to stay in the current regulatory regime in the indust...

Financial planning • 14 October 2021

AZ Next Generation Advisory has announced the acquisition of RI Newcastle and Lower Hunter in the New South Wales Hunter Region....

Financial planning • 14 October 2021

The solution captures fee consent for ongoing service fee agreements through Xplan and is validated through blockchain in a bid to reduce time spent on administration and...

People & Products • 14 October 2021

The platform has achieved inflows of $3 billion for the September quarter, while funds under administration has grown to $63.2 billion....

Funds management • 14 October 2021

Funds under administration has reached $52 billion in the most recent quarter, a 52.7% increase from a year ago....

Financial planning • 14 October 2021

TWUSUPER is now pursuing other growth options after extensive due diligence that resulted in the decision not to merge with EISS Super....

Superannuation • 14 October 2021

The record of advice relief measure is extended to April 2022, as well as the “time critical” relief measure that gave financial advisers additional time to give their cl...

Policy & Regulation • 14 October 2021

Investors are increasingly looking for investment solutions that reflect not only their financial goals but also their values and beliefs. Find out more....

Knowledge Centre • 15 October 2021

Despite a fall in global and Australian equities, exchange traded funds had the highest monthly net inflows in September with $2.9 billion entering the industry. ...

Funds management • 15 October 2021

The semiconductor shortage has proven to be a high-profile pain point for the global economy, and it shows little sign of abating, according to Janus Henderson Investors....

Funds management • 15 October 2021

The relationship between China and Australia is at its “lowest point in history”, according to Australian National University’s Professor Jane Golley, and could deteriora...

Funds management • 15 October 2021
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Significant ethical issues there. If a relationship is in the process of breaking down then both parties are likely to b...

1 week 3 days ago

It's not licensees not putting them on, it's small businesses (that are licensed) that cannot afford to put them on. The...

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So we are now underwriting criminal scams?...

6 months 3 weeks ago

After last month’s surprise hold, the Reserve Bank of Australia has announced its latest interest rate decision....

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A professional year supervisor has been banned for five years after advice provided by his provisional relevant provider was deemed to be inappropriate, the first time th...

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WT Financial’s Keith Cullen is eager for its Hubco initiative to see advice firms under its licence trade at multiples which are catching up to those UK and US financial ...

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