Brexit was so 2016

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Two years after the Brexit referendum, stunningly little progress has been made in executing the withdrawal. That lack of progress has in turn led to a lack of clarity on the part of UK firms. While measures of business sentiment initially took a hit in the wake of the vote, real economic activity remained solid […]

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How advice practices benefit from early ratings on new funds

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In the past month Zenith has been the first Australian research house to rate three new funds from Airlie Funds Management and Firetrail Investments, and as Zenith’s Head of Equities Quan Nguyen explains, backing selective funds early is all part of a value proposition that can benefit adviser clients and their investors. That’s because like […]

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Moneysoft calls on financial planners to help clients understand their expenditure

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Financial planners need to broaden their role and help clients understand their household expenses in the wake of the Royal Commission’s damning revelations. Australian households have racked up record levels of debt as interest rates have been cut to historic lows in recent years, but the Commission heard that most lenders still over-rely on the […]

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Australian corporations unprepared for new leasing standards

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Australian businesses do not fully understand and have not prepared for the implications of the new IFRS 16 leasing standard that comes into effect from 1 January 2019, according to the first in depth study of Australian corporate market readiness for IFRS 16 completed by Maia Financial. Maia Financial’s report, Challenges and Opportunities in the […]

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Retirees’ spending falls faster than expected into old age

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The financial services industry may have underestimated the dramatic falloff in retiree spending as they age, according to a Milliman analysis of real-world expenditure data. The median retired couples’ expenditure falls by more than one-third (36.7%) as they move from their peak spending years in early retirement (65 to 69 years of age) and into […]

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ANZ OnePath: Mental health and wellness issues are changing insurance

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Mental health and wellness issues are transforming the insurance sector, with more than 23 per cent of income protection claims now involving a mental health condition. In response, insurers are changing the services they provide and taking a more active role in preventative programs for the wellbeing of their customers. According to ANZ Wealth Head […]

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How to teach kids good financial habits

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It can be tough knowing the right way to teach kids about money and how it works when finance and payments is such a rapidly changing area. The increasingly digital nature of money means that it’s no longer appropriate just to give a child a piggy bank and pocket money as the main financial lesson […]

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CPD: The bank of Mum and Dad

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It’s a recent addition to the lexicon, but this phrase has become widely used and is one that a growing number of Australians can relate to. In this article, Centuria examines the rise of the ‘Bank of Mum and Dad’ and looks at strategies to help your clients avoid dipping into their savings to help […]

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Financy Women’s Index shows improvement as #PressforProgress campaign continues momentum for equality

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Female economic measure finds that Australian women are progressing on jobs, super, pay and education but not on boards. More Australian women are taking advantage of opportunities to progress in the economy by engaging in the workforce in record numbers and making educational decisions that align with higher paying careers, the Financy Women’s Index shows. […]

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CPD: Ethics and mental health in financial planning

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It’s a disturbing statistic. Each year, one in five Australians suffer from a mental illness; it is the third leading cause of disability burden in Australia[1]. Ethical practice underpins the financial planning process, however, there are additional considerations for those clients experiencing mental illness personally or dealing with family members who are. In this article, […]

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