Chinese book-value millionaires facing anxious times ahead

The value of residential property as a proportion of the total value of household assets in China is more than double the level in the US. At 77.7 per cent …

How can advisers be sure they’re not boarding a sinking ship?

Later this month just over 600 financial advisers will sit the industry’s new professional competence exam. They’re the first cohort to submit to an exam developed by the Financial Adviser …

What a Morrison government might mean for financial advice reform

“I have opinions of my own, strong opinions, but I don’t always agree with them.” – George HW Bush, 41st President of the United States of America Opinions. We’ve all …

Why income advice is the new frontier for financial planners

Let’s imagine you’re running a financial planning business five years from now. You can generate a tailored plan for your clients automatically. You have software that figures out what advice …

The price of running a small business

If you are running a business – micro or small, medium or large – or if you are looking for work, read on; otherwise, this isn’t for you and there …

Fishing in the muddy waters of the Chinese HNWI market

The population of Chinese mainland high-net-worth individuals (HNWIs) has increased dramatically over the past decade. According to a global wealth report issued by Knight Frank in 2018, the number of Chinese …

From the Catholic Church to Leonard Cohen: why zero point zero should frighten you

The idea of nothing has an interesting history in mathematics, and there’s even a theory that the Catholic Church tried to outlaw the concept of zero because the idea of …

Can robo cross the chasm to offer advice to the masses?

Australia’s robo-advice sector continues to battle a lack of awareness among consumers and has struggled to gain a foothold in the Australian investor market. Some early entrants to the market …

Facing up to the aged-care challenge demands innovation and flexibility

Australia’s ageing population is one of the biggest challenges facing the country in the next 20 years.  In its second background paper published in May, the Royal Commission into Aged …

In robo we trust – for our money but not our hearts

A blog published last weekclaimed that almost a third of Australians would be happy to receive financial advice from a robot.  According to the blog’s author, futurist Anders Sorman-Nilsson, the study showed that …