Big wins come from being decisive

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Paralysis from analysis is an achilles heel of professional services it seems, and there is a general need for leaders to be more decisive if they want big wins in business. Indecision is prevalent at the moment, with uncertain political and macroeconomic factors, the opaque nature of ongoing regulatory reform in many sectors, and increasing […]

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Powerhouse disruptors join forces

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Two powerhouse disruptors – cloud-based document and entity management platform NowInfinity, headed up by fintech entrepreneur Amreeta Abbott, and groundbreaking law firm View Legal, headed up by innovator and recognised expert in estate planning and tax law, Matthew Burgess, have joined forces, merging the digital business units of each firm and forming a strategic partnership […]

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Competition, regulation and fintech impacting practice profitability

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The latest knowITdigital/Business Health Future Ready VII report shows that financial planning practices have improved their revenue and profitability over the past two years, supported by an overall increase in the number of new clients at practice level, however there has been little improvement in areas such as client communication and succession planning. The Future […]

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GST revenue strike record, but millions still missing

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Goods and services tax (GST) revenue hit a record $60.31 billion in 2015-16, up 6.8% from 2014-15, data released today by the Australian Bureau of Statistics reveals, but tax revenue worth billions of dollars is still being lost, which new technology from Business Transactions Concepts can help to reverse. The Australian Bureau of Statistics (ABS) […]

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7 ways to attract and retain millennials in your business

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In just three years, 50% of the global workforce is expected to be millennials. Stereotyped as being “entitled and narcissistic, self-interested, unfocused and lazy”[i], its little wonder that businesses owners are becoming increasingly concerned that they’ll soon be unable to find the talent required to succeed, with a shortage of suitably skilled workers their single […]

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MDA changes – what, when and who?

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How time has flown! We’re 6 months into the revised MDA services framework, but what with Christmas and all, we’ve not seen much evidence of MDA providers changing their processes. But the first deadline – for full service MDA providers – is approaching, people. It’s time to get your skates on! Here’s the first of […]

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New Zurich life insurance app to drive adviser efficiency and improved customer experience

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Zurich Financial Services Australia Limited (Zurich) yesterday announced the successor to its pioneering LifeXpress mobile app, with the launch of ZLife mobile, an app designed to provide advisers with easy, quick, secure access to clients’ life insurance information. Equipped with push notification capability, the ZLife mobile app will place detailed, up to date client information at […]

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Planners using an ecosystem of tech services for client engagement: 2016 Planning Software Benchmarking Report

Leading research firm Investment Trends has released its 2016 Planning Software Benchmarking Report, an in-depth study of the comprehensive planning applications used by Australia’s financial planners. The report benchmarks the key functionality of each application, and is a survey of the direction of application development for financial planners and licensees. IRESS’s XPLAN is the leading […]

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Hierarchical decision making isn’t fit for the future

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People often think that being a leader is about knowing more than others, having all the answers, and therefore making all the decisions. However, this fixed mindset is fraught with danger. When leaders make decisions in isolation they have disengaged teams and stakeholders that don’t support the outcome. There’s also increased likelihood they’ll make an […]

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Moneysoft enters new partnership with Mortgage Choice

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Moneysoft’s advice technology will power a new Mortgage Choice Financial Planning tool aimed at bolstering clients’ money management skills and helping them reach their financial goals. Mortgage Choice Financial Planning will offer the tool under the name of MoneyTrack as a part of their cash flow coaching service. Tania Milnes, general manager of Mortgage Choice […]

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