RISK MANAGEMENT

Financial planning

After scanning through thousands of Statements of Advice, Katherine Marchant runs through the common mistakes planners make that jeopardise best practice....

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Life/Risk

The Australian market’s current risk management offering is a poor fit for the real threats facing local businesses, most of which are “uninsurable”....

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Life/Risk

Suicide and total and permanent disablement (TPD) claims have totalled almost $350 million over a five year period between 2007 and 2011. ...

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Editorial

Alternative investments, like hedge funds, can be seamlessly blended into portfolios, but the trick is to remember they are not an asset class in their own right, Andrew ...

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Editorial

With regulatory change shining a spotlight on fees, platform providers are under increased pressure to justify their value. Perhaps innovation is the key to retaining adv...

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Editorial

In an increasingly competitive advice space, planners could benefit from ditching benchmarks in favour of goals-based investment, Craig Keary writes. ...

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Financial planning

ASIC has flagged a crack-down on breach reporting with particular emphasis on high risk licensees with poor cultures....

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Financial planning

Platform operators have complied with new regulations but more still needs to be done in managing conflicts and disclosing hidden fees....

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Financial planning

Australian asset owners are tossing and turning at night as they try to keep up with and meet regulations of all sorts, BNP Paribas said....

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Superannuation

Governments should think about increasing the uptake of income stream products including bringing in sensible default options for retirees, the Actuaries Institute said....

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Financial planning

Centrepoint Alliance has posted an $11 million turn around in after tax profit in the last 12 months driven by good results in its advice and insurance funding businesses...

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Financial planning

APRA uses draft guidance to tell the banks, AMP Limited, Macquarie, Suncorp and Challenger that operational separation is not an option for avoiding losses....

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Financial planning

Financial advisers have been encouraged to tackle diversifiable and systematic risk simultaneously to meet the needs of a growing base of retirees seeking advice. ...

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Financial planning

PIS has completed a monitoring program with ASIC stating the group had made significant improvements in compliance and audit functions...

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Superannuation

The standard of retirement income products needs to be lifted to that of SMSFs to fit in with a well-working retirement system...

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Never miss the latest news and developments in wealth management industry

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 1 week 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