Large Private Licensee Adviser Numbers Holding Up
24 July 2023 by Risk Info
Piquing readers’ interest this week was the news that while no licensee segment increased its numbers over the past year, the large private licensee market shrank only marginally… While no licensee segment increased its numbers over the 1...
Boost your returns with clever cuts to investing costs
7 July 2023 by Jeremy Chunn, Australian Financial Review
As investors close the book on another financial year, it’s time to ask where they could have done better. The answer is often the same. “Investors need to understand not only the magic of compounding returns, but the tyranny of compoundin...
Fidelity Life unveils speaker lineup for adviser conference
4 July 2023 by Kenneth Araullo, Insurance Business
Fidelity Life has announced its speaker lineup for its sold-out adviser conference, Engage 2023, to be held in September in Christchurch and Auckland. Fidelity Life’s Engage 2023 speakers include: Angus Woods – founder of Adviser Ratings,...
Uptick in succession planning among mature firms
26 June 2023 by Rhea Nath, Money Management
In the last 12 months, there has been marked improvement in future planning among advice practices, according to Adviser Ratings. In 2021, less than half of mature businesses (five-plus years) said they had a succession plan. By 2022, thi...
How can more Australians get the advice they need?
19 June 2023 by Paul Feeney, Professional Planner
How can more Australians get the advice they need? The answer is obvious — a scalable online solution is the only way to fill the advice gap. With the inevitable decrease in recent adviser numbers, we know there’s not enough capacity to p...
Calculating the cost to serve
15 June 2023 by Nina Hendy, Professional Planner
As the industry has been dealt an onslaught of legislative changes in recent years, it’s widely acknowledged that providing financial advice has never been more expensive than it is right now. A survey recently published by Business Healt...
I’d rather sit down with a female financial planner
13 June 2023 by Bianca Hartge-Hazelman, Australian Financial Review
When it comes to making money, most of us want the best. It’s a bit like going to a heart surgeon – performance and track record are what matters, and gender shouldn’t come into it. But gender bias is a powerful force, and it could be hol...
What to consider when hiring an asset consultant
12 June 2023 by Laura Dew, Money Management
There are three things to consider if any advice firms want to consider working with outsourced asset consultants, according to Mason Stevens’ chief investment officer, Jacqueline Fernley. The 2022 Adviser Landscape Report from Adviser R...
Are life insurance advisers at risk of extinction?
5 June 2023 by Jasmine Siljic, Money Management
Commission changes, premium increases, and profitability fears have driven risk advisers out of the profession or into new advice careers, says Adviser Ratings. During 2020–22, risk advisers were between 2.4 and 2.5 times more likely to ...