KPMG

Features

2022 is set to have less compliance and regulatory activity, writes Zach Castles, leaving advisers with more time to focus on helping consumers and improving their busine...

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Financial planning

Small advisories will need to partner in networks to share technology solutions if they want to survive in a shrinking industry that is becoming more expensive to operate...

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Financial planning

With only 27% of payments being conducted with cash in Australia, this is leading to a “fertile ecosystem” for fintech companies in the payments space. ...

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Funds management

Growth and longevity are the two main focuses for Australian and Asian family offices, according to a study conducted by KPMG and The Table Club....

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Financial planning

The cost to produce advice is around $5,335 but the average adviser is charging $3,660 and removing safe harbour and strengthening the code of ethics will reduce the cost...

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Financial planning

The Financial Services Council has created a blueprint for a simplified financial advice regulatory framework that claims it could reduce advice costs to $3,466 and save ...

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Superannuation

With some superannuation funds projected to grow by 200% to 300% by 2030, super funds will need to address key challenges in their investment governance arrangements, acc...

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Financial planning

While the average female retirement has come down slightly in the past two years, there are still steps that can be taken by the Government to help close the 28% gender s...

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Funds management

For the first time in Australia, responsible investment has reached over $1 trillion and managers have improved accountabilities to prove they are not greenwashing, accor...

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Funds management

Banks have paid more than $7 billion to customers in remediation since the Royal Commission but this ending will leave them with more available cash to distribute to shar...

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Financial planning

The ‘inflation genie’ is unlikely to escape as subdued inflation and wage pressure mean rates could be held at 0.1% until late 2023 according to the Reserve Bank of Austr...

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Funds management

Almost 100% of companies in the ASX 100 are linking their business activities to the United Nations’ Sustainable Development Goals, according to a report by KPMG....

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Policy & Regulation

The Australian Securities and Investments Commission has clarified that the regulator only paid for tax advice to its stood-aside chairman, James Shipton, but can’t say w...

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Life/Risk

New research from KPMG has confirmed the degree to which COVID-19 impacted the Australian life insurance industry already on the back foot and facing revenue and profitab...

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People & Products

Former ANZ chief financial officer, wealth, Michael Rowland has been appointed as Westpac CFO, commencing later in the year....

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Squeaky'21

My view is that after 2026 there will be quite a bit less than 10,000 'advisers' (investment advisers) and less than 100...

1 week ago
Jason Warlond

Dugald makes a great point that not everyone's definition of green is the same and gives a good example. Funds have bee...

1 week ago
Jasmin Jakupovic

How did they get the AFSL in the first place? Given the green light by ASIC. This is terrible example of ASIC's incompet...

1 week 1 day ago

AustralianSuper and Australian Retirement Trust have posted the financial results for the 2022–23 financial year for their combined 5.3 million members....

9 months 2 weeks ago

A $34 billion fund has come out on top with a 13.3 per cent return in the last 12 months, beating out mega funds like Australian Retirement Trust and Aware Super. ...

9 months ago

The verdict in the class action case against AMP Financial Planning has been delivered in the Federal Court by Justice Moshinsky....

9 months 2 weeks ago