Why I'm not quitting financial adviceBY PETER HORSFIELD | FRIDAY, 6 MAR 2020 3:41PM If you read the media and industry headlines, you'll read that thousands of financial advisers are currently running for the door. Their reason? Over regulation, increasing ... Upgrade your subscription to access this article
Join the growing community of financial advisers
with unlimited access to our latest news, research and analysis of the industry.
Become a premium subscriber today. |
Latest News
Advised clients more satisfied despite heightened costs: Report
A new report highlighting the value of financial advisers indicates clients are even more satisfied despite a higher cost of seeking advice.
First Guardian victims advance in case against InterPrac
The Federal Court has forced InterPrac Financial Planning to pay two victims of the First Guardian Master Fund that collectively lost a total $465,000.
Frontier Advisers brings Segal Macro, LCP partnership to close
Frontier Advisers, Segal Marco Advisers and Lane Clark and Peacock (LCP) have decided to bring their Global Investment Research Alliance (GIRA) to a close, after 13 years of partnership.
Mulino brings New Class of Advisers to life, guarantees fairer CSLR funding
Assistant treasurer Daniel Mulino will forge ahead with the New Class of Advisers (NCAs) as part of highly anticipated Delivering Better Financial Outcomes (DBFO) reforms and laid out a blueprint of how the Compensation Scheme of Last Resort (CSLR) will be fairer for financial advisers.
Further Reading
Cover Story
Advice with soul
SACHA BURCHGART
FOUNDER & MANAGING DIRECTOR
BURCHEART PTY LTD
FOUNDER & MANAGING DIRECTOR
BURCHEART PTY LTD
Though she initially tried, Sacha Burchgart couldn't escape the call of a career in financial advice; it just took staring down her own mortality to see what's possible when you do things differently. Jamie Williamson writes.
Expert Feed
The bond market's inflation blind spot
While markets have reacted to the latest escalation in the Middle East, longer-term inflation pricing continues to imply that these disruptions will be ...
Confidence to spend: why retirement planning is about more than investment performance
Many retirees face a critical challenge in retirement, and that is how to spend confidently not knowing how long their savings will last.
A never ending story of levies
The extensive processing period for Shield and First Guardian complaints means financial advisers will likely not be able to see an end to a series of ...
When 'diversification' stops being diversified
While many are worried about the dominance of US mega-cap companies, the same trend is also transpiring domestically, creating a concentration issue for ...
Outstanding comments I related to your insights and share the many reasons you have mention.
Helping people is at the core of my daily life inside and outside my profession.
Hi Peter
Great article.
I am 66 this year, and i am no dinosaur.
Still in financial planning after 44 yrs and still enjoying and can see many opportunities moving forward.
Great article and great list. Reminds me too why I'm staying in the industry!
Great article - hope this is ok !! Your article is an inspiration to financial planners !!
Hi Jeff,
You inspire me!
And to others who have made time to comment. Thank you.
We're all in this together and together we all benefit together.
Cheers
Peter
Well your article.is realistic and encouraging but its your view...but just one thing... I am 67 and not a dinosaur ..I have a few more good years to go yet. I am enjoying the client engagement as much as I ever have ...not so much the rest i.e. compliance ,education etc.. its what we have to do..You have got a handle on things ..quite well ...but you cant replace experience with youth...you are a mere 48 .years of age so you can still learn a lot from us so called dinosaurs before we leave the Financial planning industry ?"Good Luck ...BD