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Finfluencer days may be numbered as ASIC steps in
If you’re thinking of hiring an ultra-cool “finfluencer” to help redirect social media traffic to your website or to spruik your products or...
Finalists for Zenith's funds management awards
The 10th annual Zenith Investment Partners funds management awards will be live-streamed this year, on October 15, with the list of 22 awards having been...
Managed accounts deliver amid flood of capital
In the wake of a disastrous pandemic that brought the global economy to its knees, the need for financial advice has never been greater. Digital disruption has...
How to save 48 days of admin per year
Managed accounts have been around for close to two decades, but they’ve only just started to take off. That charge is being led by financial planners and...
Adviser levy relief delivered by Frydenberg
Some positive news was delivered to the financial advice industry this week with the ASIC Supervisory Levy to be reduced to 2018-19 levels. The announcement...
Attention advisers: Stop undercharging
Listening into a webinar this week, there was an extensive discussion about the fact that very few, if any, financial advisers in the industry are pricing...
Five must-haves for every advice business in 2021
Building a successful financial advice business is a hard slog these days, especially considering the regulatory requirements, rising costs, increased...
Adviser associations band together
Eight of Australia’s largest financial advice industry associations have joined forces to oppose the design of the compensation scheme of last resort,...
First Sentier commits to a gender target for investment teams
The Financial Services Council (FSC) has introduced its Women in Investment Management Charter (WIM Charter). The purpose of the WIM Charter is to help...
Advice in the age of free trading
“If something is free, you are the product” This quote attributed to sculptor Richard Serra in 1973 was well ahead of its time, but offers a unique...
Pressure on advice industry as funds look to robo advice
Super funds have battled with providing financial advice for decades but have not yet found a solution that can make it affordable and efficient for millions...
Xeppo seeks to support advisers in harnessing data
According to wealth management platform Netwealth (ASX: NWL), “Two in five advice firms will look to integrate their systems and databases in the next 24...
FASEA exam extended nine months*, waiting period waived
The Federal Government’s sympathy for the under-pressure financial advice industry was exhibited once again this week, with Jane Hume, the Minister for...
Opportunity for those who remain as adviser exodus continues
The Musical Chairs report released by Adviser Ratings offers insightful data on the wealth management industry after undergoing significant changes over the...