Compliance salaries surge as super funds, private capital hunt for risk talent
Compliance staff have been in high demand for a few years now, but the rise of industry super funds and the private capital sector has created even more demand...
Older, more productive advisers are earning less money... for now
The average financial adviser is older and brings in more revenue than they did a year ago, but that hasn't translated into a fatter salary according to data...
BDM bonuses vanish as fund flows dry up... but not in every sector
Not all fundies are bringing home a smaller bonus this year, according to Kaizen, with BDMs in the alternatives space doing better than those in the more...
Both human and digital advice constrained by the same price-to-value dilemma
The good news? Millions of unadvised Australians see the value in financial advice. The bad news is that the vast majority remain reluctant to attach market...
Advice fees still hinge on FUM, but the future may well be flexibility
Clients have a right to know how advisers justify a fee of $15,000 per year when the investment income on a $1.5 million portfolio is only $75,000, says Drew...
Remuneration and regulation: The biggest advice and investment stories of 2023
Adviser remuneration was a clear thematic this year, with the top two stories focusing on salary levels. Practice management and regulation, once again, played...
Advisers offered '$50K bump in salary' as talent poachers circle
It's not just money being thrown at financial advisers, with title changes, more responsibility and "other added benefits" also on offer according to financial...
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...
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...