Retain staff and increase business with non-cash incentives

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The COVID-19 pandemic is testing us all but innovation is thriving. Increase revenue, retain cash and keep staff and referral partners motivated by being innovative with non-cash incentives. If done right your business will be ready to ramp up quickly when the economy takes off again …whenever that is. What cash incentives can you use?... Read more continue reading

Wealth industry unemployment rising, but some firms selectively hiring advisers

While the nation-wide impacts of the COVID-19 pandemic will result in a surge in unemployment in our wealth management industry (with forecasts of over 11% national unemployment), some planning groups are still hiring – as regularly reported in the trade press. Casuals were one of the first segments to be let go, with contractors soon... Read more continue reading

CPD: An ethical framework for the remote practice

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At the beginning of 2020, few would have imagined having to implement business continuity plans and establish remote offices before the first quarter was out. In this article, sponsored by GSFM, we examine the processes you need to implement to ensure your remote practice abides by FASEA’s ethical framework and specifically, its Code of Ethics.... Read more continue reading

In the eye of the storm financial planners steer a steady course

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Financial planning firms have weathered storms in the past, but nothing like what we are currently experiencing. In this challenging time advisers are faced with a raft of additional operational issues while keeping focused on their clients, providing them with the advice and support they require. The changing environment Throughout the industry there has been... Read more continue reading

Eliminate tyre kickers and value your expertise

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Being properly valued for your expertise and eliminating the time-wasting tyre-kickers is an ongoing problem for most financial advisers. That is even more true for those making the transition from purely commission-based remuneration to generating fee-paying work where they are charging for that time or expertise. Managing the remuneration transition whilst also articulating your value... Read more continue reading

CPD: The client driven ethical breach

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The 2018 Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry (Royal Commission) highlighted numerous situations in which an absence of ethical behaviour was apparent. However, what happens when a financial adviser is instructed to perform an action by their client and cannot act on that instruction without breaching an ethical standard?... Read more continue reading

How do you know your financial advice is suitable?

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Knowing that your financial advice is suitable for a client is something that every professional adviser is willing to attest to, but proving it when challenged can be incredibly difficult. Advisers are increasingly being challenged and therefore seeking assurance that their practices are robust and will withstand such scrutiny.  Whether that scrutiny is a client... Read more continue reading

Further payroll tax relief will help business

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A further deferral of payroll tax instalments announced by the NSW Government will be appreciated by medium and larger business owners across the state, according to the state’s peak business organisation, Business NSW. The package has been announced as part of a second stimulus from the NSW Government including a $1 billion Working for NSW fund. “There will be a deferral of... Read more continue reading

CPD options for Australian financial advisers during the current COVID-19 pandemic

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AdviserVoice has over many years developed a hard-fought reputation of strong support and professional focus with and on behalf of the Australian financial advisory community. Our dedicated team wants to take the time to remind every Australian financial adviser that we are here to support you as you provide much-needed guidance and support in turn... Read more continue reading

HLB Mann Judd wins Best Firm, Best Accountant and Best Professional at Client Choice Awards

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Accounting and advisory firm HLB Mann Judd has walked away with three accolades at the 2020 Client Choice Awards, including being named Best Accounting Firm (revenue $50 – $200 million), Best Accountant (Litsa Christodulou) and Best Professional (Litsa Christodulou). It is the sixth time that HLB Mann Judd has won the Best Accounting Firm Award... Read more continue reading