advice

Features

As it becomes increasingly necessary for planners to provide goals-based strategic advice, Malavika Santhebennur asks if big data can help them customise advice....

People & Products

REST makes two senior appointments

REST has announced it has appointed a head of advice and education and a head of employer engagement to the fund....

Financial planning

Reference checking vital when hiring advisers

ASIC’s review into how institutions dealt with non-compliant advisers highlighted the need for licensees/employers to follow FPA’s reference checking requirements, the FP...

Financial planning

Banks fall short on breach reporting

Breach reporting standards by the Big Four banks and AMP have been found wanting with an ASIC report finding institutions were failing to report adviser breaches on time....

Features

SMSF advisers – A convergence? – SMSF Feature Part 1

Accountants remain the most trusted advisers for SMSF clients but with licensing take-up remaining low following the accountants' exemption, what will this mean for SMSF ...

Financial planning

CBA misses some deadlines in advice compensation process

A forensic report found the CBA failed to meet the time-frames for several clients who requested reviews for poor advice provided between 2003 and 2012....

Financial planning

FPA members finally get opt-in relief

Members of the Financial Planning Association have been granted ASIC relief from opt-in if they sign up to the FPA’s Professional Ongoing Fees Code....

Financial planning

Former Sentinel adviser banned

ASIC has banned a former Sentinel Private Wealth authorised representative from providing financial services for five years after he failed to comply with financial servi...

Tools & guides

Beyond speculation: using derivatives in diversified portfolios

Daniel Park examines how derivatives can play many roles in risk management and return creation despite being under the microscope in recent times....

Financial planning

Advice and data key to CIPRs

Large super funds that are unable to give face-to-face advice to all members and are designing CIPRs will be challenged, according to Challenger....

Financial planning

Objectives forefront of advice process

Advisers need risk capacity and risk tolerance measures to help clients reach retirement goals, Milliman believes....

Financial planning

New MDA regulation to disrupt advisers

Imminent changes to lift requirements on MDA operators by ASIC including the removal of a no action letter will disrupt advice businesses using limited MDA arrangements. ...

Financial planning

Poor advice tops FOS investment disputes

Inappropriate advice was the most common issues in investment and advice disputes received by FOS....

Accounting

Accountants need to look at low-cost solutions

Accountants moving into the SMSF advice space need to think about low-cost fee structures as they look to compete with firms that are using technology to find cheaper sol...