As the financial advice profession continues to wait on further legislation, industry commentators have encouraged advisers to act now in driving practice efficiency.
First, a disclosure: this author’s professionally advised SMSF is largely invested in a managed discretionary account (MDA). And so, by definition, he has no personal beef with managed accounts, nor does he believe them to be fundamentally...
Despite their enormous information advantage, bigtech firms – including AWS, Meta and Google – have yet to make their long-anticipated move into the lucrative insurance space.
While the measures in this year’s federal budget may seem minimal, MLC has broken down the client opportunities for financial advisers to maximise.
Key advice industry stakeholders have formed a committee to standardise fee reporting for SMAs following an explosion of growth in the asset class over recent years.
Advisers need to urgently check their Financial Advisers Register status and ensure their records are updated ahead of the 1 January 2026 qualifications deadline, according to Adviser Ratings.
Time is “rapidly running out” for a critical group of 4,100 advisers if they wish to meet the deadline for their education requirements, according to Adviser Ratings.
Advisers are hitting the brakes on advice fees after years of steep increases that saw the median cost of advice almost double in less than a decade.
Adviser Ratings has explored how advice businesses can adopt more transparent and client-centric fee models in 2025.