financial advice

Financial planning

Lack of confidence in advising female investors

Advisers’ understanding of female investors is only at a surface level, according to a State Street Global Advisor report....

Financial planning

Time to break the advice/product connection

A new white paper has called for an irrevocable abandonment of the links between products and advice....

Financial planning

Accountants warned on licensing penalties

Both ASIC and the Tax Practitoners Board have warned accountants of the potential high cost of not being licensed....

Financial planning

Americans urged to seek advice before ditching citizenship

US expats should seek financial advice before renouncing their citizenship in response to the Foreign Account Tax Compliance Act....

Features

Breaking the shackles of advice

Advisers need to bring things back to basics for clients to address barriers and perceptions of advice like complexity, inflexibility, and lack of engagement, Tim Mitchel...

Policy & Regulation

Advice a must as Common Reporting Standard comes in

Ex-pats are being urged to seek advice as OECD regulations come into effect enabling global regulators to share financial account information....

Financial planning

Use robo-advice as diagnostic tool

Robo-advice should be used to examine investors’ choices and enhance their investments rather than starting from scratch. ...

Financial planning

Advisers ‘pawns’ of financial industry

Financial advisers were ‘pawns’ in the financial industry to distribute products in the past, but this will no longer cut muster, a consultant firm principal believes. ...

Life/Risk

dmk joins Bombora

Insurance firm, dmk group, has joined Bombora Advice to leverage off its industry position and services....

Funds management

Fintech raises over $500,000 as it gears up for advice service expansion

Australian fintech and wealth manager, BigFuture, has completed a $520,000 capital raising as it looks to build its service capabilities....

Financial planning

Advice still costs more than consumers want to pay

New Investment Trends research confirms that financial advice still costs more than most consumers are willing to pay....

Policy & Regulation

Advisers warned on foreign ownership laws

Advisers could face penalties for assisting foreign investors to breach property ownership laws, under legislation that comes into force today....

Financial planning

Adviser language not connecting with clients

Advisers need to change the language they use to connect with clients, instead of forcing them to learn adviser language, a financial adviser said. ...

Policy & Regulation

2015: A year of policy challenges

Mike Taylor reflects that 2015 was a year of policy challenges for the financial services industry, many of which will continue into 2016....

Funds management

Founder’s philosophy steers strategy

Eighty years on, the vision of founder William McCormick Blair still guides the funds management business that bears his name, writes Nicholas O’Donoghue. ...