Learn the lessons of 2010 to build wealth in 2011 says leading technical expert Strategy Steps

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Spread the risk between Australian and international shares Generate income safely while managing longevity risk Return to gearing but be responsible Avoid ATO penalties while maximising super contribution strategies Avoid one-sided investment advice – demand holistic advice 2011 is the time to implement proactive wealth building strategies after a volatile year in which investors and […]

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How do you move beyond “vanilla” investments in an SMSF?

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As SMSF trustees and advisers become more familiar with the flexibility of the SMSF structure, attention is being focused on just what different types of assets can be used within an SMSF. While most people are familiar with the normal asset classes and vehicles that are used, moving beyond these familiar borders can lead to […]

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Removing the roadblocks to quality financial advice

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There are numerous legal and ethical risks related to the provision of financial advice to Australian consumers, all of which may impact on the quality of financial advisory outcomes that Australians receive. The issue for many Australian financial services (AFS) licensees is the appropriate identification and management of those risks, thus removing some of the […]

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How to build organisational resilience to ethical risk using integrity based mechanisms and culture

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Whilst tactics to remain competitive in a modern commercial environment often influence the belief that behaving ethically is not profitable, I like to think that a series of global financial and corporate scandals involving the James Hardie Group, HIH and the Australian Wheat Board has accelerated a new social mantra, that society expects business to […]

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Australian payments technology hits high note at conclusion of peak global trade talks.

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Global interest in Australian-produced payments technology has peaked in recent weeks as offshore banking and financial institutions have become exposed to the unique Payment Adviser technology. Payment Adviser was one of a select handful of global IT vendors invited to showcase its unique electronic payments solution to delegates at the 37th annual Sibos trade event, […]

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New professionalism standards lift the bar on best practice in financial advice

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Centric Wealth has taken the lead in the financial advice industry by releasing its own formalised standards for best practice financial advice. The Centric Wealth Professionalism in Financial Advice Standards aim to aid the delivery of the best wealth advice available and have been formally adopted by Centric Wealth financial planning advisers. It is a […]

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Clients happy with advisers’ trustworthiness and knowledge

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The latest Lifeplan ICFS Financial Advice Satisfaction Index shows that investors are satisfied with the trustworthiness and knowledge of their financial advisers, although they feel somewhat pessimistic about the performance of their investments overall. The survey of 418 investors who use financial advisers was undertaken in September by the University of Adelaide’s International Centre for […]

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IRESS appointed Count’s strategic software partner

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Following an extensive review of potential software solutions, Count Financial Limited (Count) has selected IRESS Market Technology Limited (IRESS) as its strategic software partner. IRESS’ wealth management platform XPLAN will replace Count’s proprietary system WealthPlanner, with implementation commencing in early 2011. XPLAN is the leading software solution in the financial services industry, providing a comprehensive […]

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Professionalism and Ethics in Financial Planning

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Financial planning advice is becoming increasingly relevant to the economic objectives of Australians. However, the evidence suggests there are numerous ethical risks related to the provision of that advice and other factors that may be influencing the ethical decision making of financial planners and compliance officers in their respective roles. The purpose of this study […]

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Greetings from the AFA conference

This is my first of what should be a brief but regular contribution to AdviserVoice, written from the point of view of a practicing self Licensed Adviser.  Naturally other ‘Gurus’ will offer different and sometimes contrary ideas but hopefully it will encourage lively debate. I am currently attending the “AFA Conference’ on the Gold Coast, […]

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