A software application has been launched that enables trustees of self-managed superannuation funds (SMSFs) to manage their own fund and save on expensive accounting fees. The software, branded DIYSOL, was developed by career accountant and SMSF trustee Jeff Bain. “It makes no sense for people running a super fund to pay an accountant – sometimes […]
continue readingEmployment prospects are looking up in our industry. “A third of wealth management organisations recently surveyed said they expected to hire more employees this year (32%),” notes Sally Humphris, Executive Director at specialist wealth management industry recruiter Super Recruiters. “Two out of five (42%) expect to maintain staff numbers at current levels.” Interestingly, none […]
continue reading
21
Jan
2020
Having a clear strategy is probably the most misunderstood concept in professional services. The business often has a Vision. A clear picture of what it wants to look like, and what success means to the owners. The business often is excellent at Operational Planning. Perhaps because we are trained as planners there is a tendency […]
continue reading
20
Jan
2020
Sunil Vohra, co-founder of the world’s first independent and standardised index for measuring organisational culture, The Workability Index, highlights how critical it is for Australian businesses to move to measuring wellbeing as a key metric. “At the heart of the debate about a four-day working week, there is clear intent to elevate discussions of structural […]
continue reading
20
Jan
2020
Most advisers have at least one or two referral partners; people who refer the odd client here and there. However, I know that what these advisers want are more robust relationships with these referrers resulting in more potential clients. Is that the same for you or perhaps one of your advisers? Below are five proven […]
continue reading
13
Dec
2019
Clients often want advisers to deal with just one element of financial planning…their current “burning issue” that triggered the need for advice to begin with. Getting them to engage in full advice can be tough and they need to understand what you CAN do for them, and where your knowledge and skills can make a […]
continue reading
11
Dec
2019
There is increasing commentary about the need for financial advice firms to grow in order to survive. This question of growth is starting to reappear post an elongated period of consternation and consolidation in our profession. This article, sponsored by Insight Investment, will explore the two means traditionally used to grow financial advice practices – […]
continue reading
04
Dec
2019
As Australia heads towards a digital world, Australian parents are concerned about the impact a cashless society would have on their children, with 67% believing the shift to digital will leave their children financially worse off, according to new research from MyState Bank. MyState Bank says a ‘cashless society’ refers to a society where cash […]
continue reading
04
Dec
2019
According to new research by consumer education website, CreditSmart, more than 40% of surveyed Australians said they would rely on credit to help them with their festive budget blowout this year. Asked whether they are likely to spend more than they budgeted for this year, 1 in 3 expect their additional expenses to be less than […]
continue reading
03
Dec
2019
Earn CPD Points
CPD: Which beta is better?Infrastructure investing is increasingly popular within retirement savings plans and it’s easy to understand why. An allocation to infrastructure can ...
CPD: 30 years of investment lessons from Japan, and the implications for real estateImagine a person of prime working age (~40 years old) seeking investment advice for long-term financial security, and ultimately, a ...
CPD: Quantitative investment delivers positive investor outcomesThe essence of a quantitative investment approach is straight-forward: it is the utilisation of rational economic and fundamental investment insights ...
CPD: Cold War 2.0 and its implications for global marketsBill Priest, CEO, co-CIO and portfolio manager of Epoch Investment Partners (Epoch) recently visited Australia to share Epoch’s world view ...
CPD: Growing your advice practiceThere is increasing commentary about the need for financial advice firms to grow in order to survive. This question of ...
0 comments