GLOBALDATA

Financial planning

Australia’s wealth managers are lowering costs to compete with robo-advisers, according to research from GlobalData. ...

Financial planning

The global financial services industry has seen deals for December 2019 stand at $32 billion, according to GlobalData’s deals database....

Funds management

When it comes to financial security, Gen Z are the most prone to low-tech fraud, according to GlobalData....

People & Products

Financial advisory firms should be concerned about the rise of digital financial advice platforms as they gain popularity, GlobalData believes....

Financial planning

The 18 to 24-year-old generation are looking to save rather than ‘live in the moment’, according to GlobalData....

Financial planning

A rise in India’s income tax surcharge is likely to spur demand for offshore investments, making tax advice more important for high net worth investors....

Funds management

Asia was the one bright spot in terms of wealth manager assets under management last year, being the only region where assets increased rather than declined....

People & Products

AI technology makes up only five percent of total service consumption by millennials arranging investments, with human expertise still preferred. ...

Financial planning

The proportion of high net-worth individuals is on the rise, and wealth managers must provide sound advice to capitalise on the rise of offshore wealth, according to Glob...

Funds management

China is set to overtake the US to become the biggest retail deposit market in the world in 2021, according to GlobalData....

Financial planning

The next generation will boost sustainable investing in the US, given that demand for such products is moderate at best as it stands. ...

Financial planning

Robo-advice still has a future despite recent closures in the UK and elsewhere, but pricing could be the key, according to the experts....

Financial planning

While standalone robo-advice alone won’t attract affluent investors, it will offer a competitive advantage to traditional wealth managers over competitors, GlobalData has...

Financial planning

While client referrals remain the biggest means of acquisition, wealth managers need to broaden their focus to beat the market, says GlobalData....

Financial planning

With inheritance planning a growing problem for the ageing entrepreneurial community in China, it could prove a significant business opportunity for wealth managers, acco...

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MARKET INSIGHTS

So we are now underwriting criminal scams?...

4 months 3 weeks ago

Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...

5 months ago

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

7 months ago

Commonwealth Bank has formally dropped to zero advisers following LGT Crestone’s acquisition of its advice arm – some six years on from the Hayne royal commission. ...

3 weeks 4 days ago

The FSCP has issued a written direction to an adviser who charged clients “extraordinary fees” for inappropriate and conflicted advice, as well as encouraged them to swit...

1 week ago

ASIC has cancelled the AFSL of an advice firm associated with Shield and First Guardian collapses, and permanently banned its responsible manager. ...

2 weeks 3 days ago