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 …
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 …
“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 …
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 …
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 …
The government recently dismantled a final argument in defence of grandfathered conflicted remuneration when it released regulations providing that from January 1, 2021, conflicted payments can no longer be made …
Freedom of choiceIs what you gotFreedom from choiceIs what you want In ancient Rome there was a poemAbout a dog who found two bonesHe picked at one he licked the otherHe …
Over the past few months, both the Superannuation Productivity Commission and the Financial Services Royal Commission have recommended changes to the default super system. If implemented, the changes will weaken …
There’s one thing we can be sure of as the financial advice industry professionalises and realigns to deliver services in the best interests of consumers: the cost to financial advisers …
It’s the new work order: abandon the shackles of the 9 to 5 in favour of working multiple jobs, for multiple employers. Drive for Uber, take some paid board positions, …
In the short term, the exit of major financial institutions from the advice industry will cause disruption to advisers, and potentially to clients. But in the long run, it will …
Already this year the Productivity Commission has released the final report on its review of the superannuation sector, and the final report of the Royal Commission into Misconduct in the …
“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 aged care industry has seriously, and in some cases tragically, failed its most vulnerable clients, and the Royal Commission into Aged Care Quality and Safety, which kicked off in …
In presentations by CoreData to financial planners, licensees and product manufacturers about the future of advice and distribution, there’s a slide we’ve titled “Ken Hayne and the Destruction of Trust”. …
