 ANDREW BAKER | WEDNESDAY, 2 AUG 2023 ... advice. The recommendations already signalled as likely to be prioritised were "quick wins" to streamline traditional financial advice, and critically, to increase the role of super funds in the delivery of retirement advice to their members. Given that ... Read more  DANIELLE RADFORD , SIMON SMYTH | WEDNESDAY, 19 JUL 2023 The financial advice landscape is currently undergoing a wave of significant reforms, captivating the attention of Big Banks, stockbrokers, and AFSL holders alike. At the forefront of these reforms are two crucial documents: ASIC's Regulatory Guide ... Read more  JACKSON MILLAN | WEDNESDAY, 12 JUL 2023 The purpose of this case study was to find out if it was possible to get quality financial advice using an artificial intelligence (AI) chatbot. I decided to ask ChatGPT, a natural language processing (NLP) powered chatbot, some specific financial questions ... Read more  SARAH MATTHEWS | WEDNESDAY, 22 FEB 2023 ... less onerous requirements for compliance-heavy documents such as statements of advice (SOA). There isn't anyone in financial planning who derives excitement from writing compliance documentation. However, the QAR recommendations present an opportunity ... Read more  CHRIS BRYCKI | SUNDAY, 31 JUL 2022 ... and Vanguard so great. It was their unwavering championing of retail investors through the promotion of cost-effective financial products: index funds and ETFs. These products were offered to retail clients for a fraction of the cost traditional Wall ... Read more  JIM STACKPOOL | FRIDAY, 17 JUN 2022 Dear minister Jones, Congratulations on your appointment as minister for financial services. I read your early plans with both hope and trepidation about your priority to address the hot mess that is the Australian advice marketplace. I understand the ... Read more  DANIEL CROWE | THURSDAY, 25 MAR 2021 ... we are sure some of Caddick's victims will read this post. Tens of thousands of individual visitors come to Mancell Financial Group's website each year. Most of them land on MFG's blog posts via Google. Specifically, anything we've written on ... Read more  PAUL DERHAM | FRIDAY, 27 NOV 2020 ... documents-in the last hour. Navigating the device and its various software tools can be complicated-really complicated. Financial products are also becoming more complicated, and this creates a new problem, namely, vulnerable clients. The Commissioner ... Read more  PAUL CULLEN | FRIDAY, 6 NOV 2020 The financial advice industry in Australia is in the midst of a once in a generation period of upheaval and change, which has forced many advisers to reconsider their business models and support structures. With a growing trend for larger institutions ... Read more  SCOTT BUNNY | WEDNESDAY, 15 JUL 2020 It's been a year unlike no other we've experienced. The financial planning profession has had an unprecedented year of change and as a result, the profession will be transformed forever. An increased education requirement alongside a new code ... Read more |
Latest News
Showcase: A sharp lens on global infrastructure
|Ask any financial adviser what they look for in a fund manager and they'll likely name three traits: proven expertise, product endurance and institutional edge.
The 'blind spot' costing advisers nearly $10bn: Research
Research from Elemnta indicates financial advisers do not realise they are expending nearly twice as much effort on non-advised operations, highlighting a perception gap and challenges related to data collection and access, which cost 6000 practices about $9.36 billion in "destroyed enterprise value".
Inheritors struggle to act on financial advice: Survey
Australia's wealthy inheritors are making major financial decisions before they feel ready, with new research highlighting a gap between receiving professional advice and having the confidence to act on it.
NCAs unlikely to solve retirement advice gap: HUB24, CFS
HUB24 and Colonial First State (CFS) say the New Class of Advisers (NCA) will unlikely solve the retirement advice gap Australians face, noting the focus needs to be on helping reduce friction for those with complex advice needs.
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
How technology is turning tax complexity into client clarity
What used to be a relatively simple back-of-the-envelope calculation is now much more challenging, Morningstar says.
Why Australia's financial advisers will be more valuable in 10 years, not less
Despite a rise of innovative solutions across the wealth management sector, financial advisers will prove valuable for in-person advice.
What America's $1 trillion direct indexing boom tells us about the evolution of MAs
What Australia can learn from direct indexing, a tax-efficient form of managed accounts utilised in the US.
Stonepoint is another lesson in fund governance and investor protection
The demise of the Stonepoint Capital Fund may have gone under the radar for many, but proves an important point for independent governance when examined.
