Taking a 'blank canvas approach' to post-DBFO SOAs
10 December 2024 by Shy-ann Arkinstall, Independent Financial Adviser
According to Adviser Ratings, the “liberation from SOA requirements” with the coming legislative reforms is an opportunity for advisers to completely reimagine advice documentation for the future.
'Long-term investment': CPD driving up practice revenue
9 December 2024 by Shy-ann Arkinstall, Independent Finacial Adviser
As the end of the year approaches, many advisers will find themselves attending conferences and other industry events. While this could be viewed in a positive and negative light, depending on the adviser, the latest data has found that th...
Want out of Cbus? Here’s how to pick a good super fund
6 December 2024 by Michelle Bowes, Australian Financial Review
The 920,000-odd members of industry superannuation fund Cbus may have been alarmed by reports of links to militant unions and failures of governance. Data from Adviser Ratings, which tracks the movement of financially advised clients’ mone...
SOA replacement presents ‘blank canvas’ for advisers
6 December 2024 by Laura Dew
The development of a new advice document presents a “blank canvas” for advisers to create a suitable document replacing statements of advice (SOAs).
Investors are pulling their super from Cbus as advisers turn against the industry fund
27 November 2024 by James Kirby, The Australian
The Cbus-led string of scandals at industry super funds is starting to hurt where it matters. Investors are switching money out as the self-managed super funds sector rebounds. New data from the Adviser Ratings group, which monitors invest...
Negative media coverage leads to Cbus outflows
25 November 2024 by Beata Kuczynska
Data from ProductRex, which is owned by Adviser Ratings, found that Cbus had $22 million of net outflows, just behind $24.5 million for AustralianSuper, between 12 and 19 November.
Thriving in the ‘brave new world of advice’
5 November 2024 by Jasmine Siljic, Money Management
Adviser Ratings has pinpointed five key trends characterising the future of the Australian financial advice profession. The research house’s quarterly Musical Chairs Report for Q3 2024 explored several themes that are currently emerging in...
Cracking the code to scaled advice delivery
24 October 2024 by Jasmine Siljic, Money Management
Strategic technology integration and clearly defined advice propositions are two critical elements for building a successfully scaled advice model, according to Adviser Ratings.
Advisers warned on outsourcing investment decisions to AI
21 Oct 2024 by Laura Dew, Money Management
Under new guidance, financial advisers who opt to use artificial intelligence (AI) to provide advice must be able to demonstrate to clients how they reached their decisions and why that option was taken.