CPD: Life Insurance 2030 – the products of the future

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Introduction Competitive forces within the Australian life insurance market have long underpinned a strong culture of innovation amongst insurers. Recognising an imperative to improve the way customers and financial advisers access – and engage with – life insurance, the last decade has seen extensive insurer investment across areas such as process automation, data analytics, and... Read more

CPD: Claims Advocacy – from ‘value add’ to core advice offering

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Introduction Compounding the impact of ongoing licensee consolidation and new professional development requirements, the LIF driven reshaping of adviser remuneration for life insurance advice – in the form of lower up-front commissions and higher renewal commissions – has left many advisers no choice but to rethink, and, in many cases, fine tune their business models.... Read more

CPD: Mental health and financial services – delivering better advice, service and care

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Introduction It’s hard to pick up any news publication today and not find some discussion on the topic of mental health. This ubiquity isn’t a recent phenomenon; the increasingly poor state of mental health across communities – and the associated social and financial impacts – has been documented for several years now. In Australia –... Read more

CPD: Sustainable Investing in action in Australia

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Introduction In the previously published first article of this two-part series (‘Sustainable investing, concepts, considerations and conversations’), we introduced the topic of Sustainable Investing (SI), focussing on the different types of SI, its origins, and growth drivers. In this second part we will take a closer look at Sustainable Investing in action in Australia, including... Read more

CPD: Protection in times of disruption – reframing the context for life insurance advice

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Introduction In Australia – and around the world – life insurance is a vital part of the ecosystem that helps protect the financial, emotional and physical wellbeing of individuals. That ‘protection’ ecosystem includes privately provided life and health insurance, superannuation, and social protection mechanisms (such as Medicare, Centrelink, the NDIS and workers compensation) and the... Read more

CPD: Sustainable investing – concepts, considerations and conversations

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Introduction Once considered a niche investment category – or even an indulgence – ‘Sustainable’ or ‘Responsible’ investing is now very much part of the mainstream investment landscape, with more than 60% of funds under management in Australia and New Zealand and half of FUM in Europe and Canada[1] being managed in accordance with Sustainable Investing... Read more

CPD: The changing nature of work in Australia, implications for advisers and the broader protection ecosystem

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Introduction As professional service providers, it is vital (and legally required!) for financial advisers to understand each of their clients at a highly detailed micro level. This detailed understanding – of their current situation and future goals – is an enabler of quality, personalised financial advice. As business owners, seeking to maximise the sustainability of... Read more

CPD: Neo-chartalists or neocharlatans? A dive into Modern Monetary Theory

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A small revolution is brewing in the world of macroeconomics. It’s an idea that counts a Democratic socialist presidential candidate and a hedge fund manager among its adherents. The economics team at Payden & Rygel, manager of GSFM’s Payden Global Income Opportunities Fund, write about Modern Monetary Theory, popularly known as MMT. The team breaks... Read more

CPD: Where profits come from, and the vulnerabilities in Australian corporate earnings

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Key points Equity investors rejoiced in June as the Fed signaled it may cut interest rates – but interest rates do not drive long run equity performance. Profits do. While the Fed gets a lot of credit for the US bull equity run, the reality is that market performance has been supported by a near... Read more

CPD: A conservative government, falling interest rates, and new APRA lending guidelines; what now for residential property?

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The RBA recently cut its official interest rate by 25 basis points to a record low of 1.25%. Along with the recent win by the conservative government (that campaigned on maintaining tax concessions for property investors), there is now a growing expectation that the recent decline in residential prices will end – with some commentators... Read more