offshore

Financial planning

Practices urged to reassess outsourcing arrangement amid ASIC review

Vital Business Partners has thrown its support behind ASIC’s review of advice businesses’ use of offshore service providers, urging business to reassess their own set-ups...

Financial planning

AFSLs warned on offshore usage amid potential client risks

The use of offshore service providers could be exposing clients to potential risks around confidentiality, operational disruption, or effective supervision, ASIC has warn...

Funds management

Fund managers seek offshore flows with Cayman offerings

Australian fund managers are actively seeking to launch Cayman versions of their funds to attract offshore flows, with Regal Partners set to launch its latest offering th...

Financial planning

Avoiding the regulatory pitfalls of outsourcing

According to Adviser Ratings, financial advice firms must ensure they think strategically about the use of offshore or third-party operations rather than just consider th...

Financial planning

AMP’s offshoring move slammed as ‘terrible outcome’ by FSU

The Finance Union Sector has criticised AMP’s decision to move jobs offshore and questioned “what they will strip away next” in the ongoing business simplification. ...

Expert Analysis

Advisers playing risky game with direct overseas employees

Advice businesses that directly contract offshore workers are exposed to legal challenges in light of a recent Fair Work Commission decision, writes Danielle Cornelissen,...

Financial planning

VBP launches business coaching solution for advisers

Vital Business Partner has launched a new coaching solution to assist financial advisers and business owners looking to grow their practices and drive efficiencies. ...