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Ripoll: FoFA righted the ship, but QAR is right for its time
While FoFA was the right policy for its era, Ripoll says the industry has come a long way and has different needs. The Quality of Advice Review's proposals are...
Investment complexity pushing demand for advice: EY
The 2023 EY Global Wealth Management Research Report showed 37 per cent of Australian investors think managing their wealth has become more complex in the past...
Praemium joins leading platform peloton on reporting, data strength
After buying Powerwrap and shrugging off its own buyout offer from Netwealth, Praemium has joined the top tier of platform providers on the back its data and...
'Experience pathway' plan released, with no sunset clause and a bizarre anomaly
Advisers can practice without a relevant degree for around 30 years according to the draft proposal. They do need a clean record, however - but only up to the...
Sequoia links up with SQM Research for ratings partnership
Sydney-based advice and technology group Sequoia Financial Group has forged a strategic partnership with ratings agency SQM Research in a high-profile vote of...
Big city advisers paid more, but big city paraplanners paid less
While it pays for advisers to work closer to a large cohort of well-heeled clients in metropolitan areas, the opposite is true for paraplanners, with scarcity...
Mason Stevens' platform rating surges amid IPO chatter
The firm, which provides investment platform services on top of specialist investment support functions, is making ground on both the new guard and the...
Infocus releases 'magic' platform tool as it nears 30-year anniversary
If you're going to offer services that the incumbents already do well, Steinhardt tells Inside Adviser, you need to do a pretty good job at it yourself. And if...
FPA and AFA complete merger to create unified voice for advisers
The new association will be branded with its key purpose - providing a unified voice representing advisers - reflected in speech bubbles over the 'A's in its...
In the war over AI's future, the big guns may have already won
Large language models like ChatGPT are part of a long technology continuum driven by Moore's law, the observation that transistor capacity doubles every two...
ASIC to investigate ASX over possible Corps Act breaches in failed CHESS upgrade
The hits keep coming for the country's primary stock exchange, which is now under investigation by the corporate regulator for its oversight of the doomed...
CountPlus mulls downsizing company name in latest market move
The converged advice and accounting group will go to shareholders with a proposal to change its name to 'Count', which it hopes will "better reflect the...
Getting a clear view of the gap between stock picking and proactive management
Proactive management and stock picking are, in some ways, two sides of the same coin. But advisers and investors should be aware of their fundamental...
Transactional advice enables financial planners to meet consumers where they're at
The wealth management arm of Bell Direct believes the principles-based regulatory system proposed in the advice review will not only facilitate the...