financial advice

Financial planning

Lukewarm response to two-tier system proposal

The PJC on Corporations and Financial Services is gauging the industry's reaction to the possible implementation of a two-tier advice system of independent and affiliated...

Financial planning

Tax deductibility of advice high on agenda

The Parliamentary Joint Committee has been told that the absence of tax deductibility with respect to fee-for-service advice is creating a market distortion....

Financial planning

IFSA calls for ‘full tax deductibility’ of advice fees

IFSA has called for full tax deductibility of financial advice at an inquiry hearing today into financial products and services before the Parliamentary Joint Committee o...

Financial planning

Planners pay a high price for low-cost SOAs

The practice of offering low cost SOAs and initial advice to potential clients and recouping the costs later is distorting the true cost of financial advice....

Editorial

What is the real cost of financial advice?

The cost of providing financial advice has not been readily measured or quantified across the industry, writes Paul Barrett....

Financial planning

Incentives speaking louder than returns

Equity manager PM Capital has called for an end to payments from fund managers to financial planners, dealer groups and research houses, despite sourcing most of its $1.5...

Funds management

Core and satellite investing a superior alternative to funds management

Investing in carefully selected satellite investments is the 'best way' to generate alpha, representing a superior alternative to active investment management, according ...

Financial planning

Intra-fund provision will drive expansion of planning industry

Planners must adopt more complicated technology and a systematic approach to client needs....

Financial planning

Former Storm clients reluctant to accept more financial advice

Many clients didn't even know they were Storm clients, according to FIA chief executive Spiro Paule....

Editorial

Financial services: do we really have a profession?

It is often the commissions versus fees issue that overwhelms discussions about the appropriateness of the title 'profession' when applied to financial advice. ...

Financial planning

Accountants targeted on bad advice

Dealer group Millennium3 points to the role of accountants in giving bad advice relating to recent corporate collapses....

Editorial

Prescriptive regulation leads to loss of personal responsibility

Regulators must infuse personal integrity into provision of financial advice....