Advice industry won’t be alone in dealing with change in 2016 and beyond

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As another year comes to an end, Connect Financial Service Brokers (Connect) CEO Paul Tynan strongly recommends advisers to quickly forget about the ‘good old days’, FoFA and the Life... Read more continue reading

An open letter to the financial planning professional community addressing the draft legislation of Professional Standards for Financial Services Industry

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My concerns with the draft legislation and proposed professional standards framework is: The proposed legislation and standards will not adequately cover people in the financial services sector who specialise in... Read more continue reading

ASIC finds professional indemnity insurance for financial advisers stable and available but gaps exist

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The market for professional indemnity (PI) insurance in Australia for financial advisers is stable and generally available, but gaps exist between what ASIC expects and some of the insurance products... Read more continue reading

Aussies urged to manage a stable cash-flow this festive season

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More than 60 per cent of Aussies identify not having enough money to invest in retirement as the biggest barrier to retirement savings Only 30 per cent of Aussies feel... Read more continue reading

Australian household debt reaches record highs

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Average Australian household debt is four times what it was in 1988, rising from $60,000 to $245,000 after inflation, according to the latest AMP.NATSEM Income and Wealth report –Buy now,... Read more continue reading

AMP Capital an early adopter of new compliance standards

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AMP Capital has transitioned the first of its retail products to the new regulatory  regime under the Financial Markets Conduct Act 2013 (FMC Act) a year ahead of  the required... Read more continue reading

Small Business Report supports the Findex/Crowe Horwath ‘trusted adviser’ approach

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The recently released Small Business Research Report prepared by research house BStar for the SMSF Association reinforces the new business model announced last month by Findex, the largest provider of... Read more continue reading

Investors pull back sharply from property investment

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Amanda Watt Australian investors are finally pulling back from pouring money into property, with new official data highlighting a pullback in investor home loans, which could help to take pressure... Read more continue reading

Three tips to retain your clients

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Acquiring a new client is said to be five-to-ten times more costly than retaining an existing one. Often though, in an attempt to build a successful business, the focus ends... Read more continue reading

Good to great: turning an ideas boom into business

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Leading Australian venture capital firm, OneVentures, has thrown its support behind the Federal Government’s Science and Innovation Package announced yesterday, welcoming tax incentives to stimulate early stage investing, visa reform... Read more continue reading