financial advice

Financial planning

With the 2023–24 financial year behind us, Money Management takes a look back on the financial advice licensees that were hit with enforcement action by ASIC in the past ...

Financial planning

ASIC releases pass mark for June sitting

ASIC has released the exam results for its June sitting of the financial adviser exam....

Financial planning

Value for money: Justifying rising fees to clients

With the median annual advice fee up by 58 per cent from 2018, financial advisers are being encouraged to ensure clients confidently see value in the price they pay each ...

Financial planning

Adviser’s permanent ban after exam falsification varied by AAT

A financial adviser who was permanently banned for falsifying his financial adviser exam result has seen the banning amended following a successful appeal to the Administ...

Financial planning

Count divests Bentleys WA business

Count has divested its Bentleys WA business for a lower purchase price than initially forecast....

Financial planning

AFSLs urged to check for inconsistencies on FAR

ASIC says spot checks have “identified errors and inconsistencies” on the Financial Advisers Register and urged AFSLs to assess the accuracy of their records....

Financial planning

Which 2 Aussie states have the highest FUA?

Adviser Ratings’ latest report has unearthed which two Australian states are servicing the highest number of clients and enjoying the largest funds under advice. ...

Financial planning

FAAA consults on improving efficiencies without legislation

The Financial Advice Association Australia has detailed strategies that can improve advice efficiencies without the need for legislation....

Funds management

How to discuss ‘timing the market’ with clients

PIMCO has discussed how advisers can have conversations with clients who are eager to “time” their re-entry back into bond markets with possible rate cuts....

Financial planning

The quintessential advice firm in 2024

Data from Adviser Ratings’ upcoming Advice Landscape Report has painted a picture of the average advice practice in 2024, including the profit margins and revenue of top-...

Financial planning

Fears of experience pathway abuse over lack of FAR check

Compliance experts have warned there is potential for the experience pathway to be abused if licensees fail to check whether an individual has the necessary 10 years’ exp...

Financial planning

Advisers debate whether to charge for an initial meeting

Money Management speaks with five advisers on whether or not they charge for their initial meetings, as Elixir Consulting finds the volume opting to charge has doubled si...

Financial planning

The opportunity for advisers to support booming family offices

Financial advisers have a unique opportunity to consult and support the growing family office space as they look to mature and utilise complex investment strategies. ...

Financial planning

Gen X drive early adoption of digital advice

Nearly half of Generation X are turning to digital financial advice for support, Natixis Investment Managers discovers, in combination with a human adviser....