CoreData Research announces 2019 Licensees of the Year

Matrix Planning Solutionshas been named the 2019 Licensee of the Year by CoreData Research.  Matrix has also been named Institutionally Affiliated Licensee of the Year, while MLC Advicehas been named Institutionally …

It’s not me, it’s you: What happens when advisers rethink client relationships

When the Future of Financial Advice (FoFA) laws were introduced in 2013, the officially pronounced aim was to “improve the trust and confidence of Australian retail investors in the financial services …

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 …

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 …