CoreData’s research over the past two decades has consistently found that at any point in time, only around one in four Australians are receiving financial advice. This is a relatively …
Despite WA’s effective containment of COVID-19, the economic effects of the state’s pseudo-shutdown have been widely felt. Compared to major trading partners, Australia has experienced reasonable success in avoiding the …
In early March, Australia’s top banking executives sat down with Treasurer Josh Frydenberg in a meeting originally intended to discuss the impact of the bushfire season on the local economy. …
With rising unemployment and unprecedented trading restrictions imposed on businesses, the Federal Government’s concessional clause for early access to super has provided a lifeline for Australians in financial hardship. The …
Consumer sentiment and behaviour will play a critical role in any economic recovery from the COVID-19 pandemic. Federal and State government policy settings must walk a fine line between managing …
In the late winter of 2015, Sweden under its then-new Prime Minister Stefan Loven – ex-welder, ex-unionist and minority Government holder – became the first country to enter negative interest …
People of a certain age may have experienced a sense of déjà vu as AMP unveiled another transformation strategy last week and vowed – once more – to focus on …
“The chief value of trail commissions to the recipient, to put it bluntly, is that they are money for nothing.” Commissioner Kenneth Hayne, Royal Commission into Misconduct in the Banking, …
The final report of the Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry will have to be some kind of masterpiece to meet all of the …
The release of the latest Australian Prudential Regulation Authority (APRA) monthly banking statistics show annualised monthly growth in home loans has dropped to 2.25 per cent – the lowest growth …
Well then. What a whirlwind the royal commission’s public hearings on financial advice were. Heads rolled – not least of all, the AMP chairman and CEO – and billions of …
The Australian Securities and Investments Commission (ASIC) has proposed a change to the new financial adviser professional standards legislation to allow code monitoring bodies to proactively collect information from advisers …
The Financial Planning Association of Australia (FPA) has joined the swelling chorus of voices supporting changes to how financial planners are licensed and authorised to give advice. The licensing regime …
Financial planning licensees controlled by the big four banks and AMP account between for approximately 7800 authorised representatives, or in truth, about half the active market. With ANZ selling its …
The mechanics of trust between people and between people and organisations are not a secret. There is more than 200 years of research about the psychology of it, and since …
