Australian fund managers give green light to Calastone’s new distribution data solution

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Calastone, the largest global funds network, is rolling out its new Wrap Reporting service, enabling fund managers to receive fast and standardised adviser directed fund flow data from platforms via its secure network. Calastone actively worked with the Australian arm of global fund manager Dimensional Fund Advisors and other fund managers to create a reporting... Read more continue reading

Sweat the small stuff: it is what we CAN control!

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I keep hearing “don’t sweat the small stuff” and every single time I hear someone say it I think of work, and what we do, and automatically think “if we don’t sweat the small stuff we are doing an awful job”. The small stuff is the very stuff that financial advisers need to sweat. It... Read more continue reading

Roar Software patents Highlighter

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Roar Software has patented its Highlighter tool, giving Australian financial advisers the power to develop their current productivity processes in Excel into fully functional software application ready for a SaaS model and removing the traditional time and cost barriers when developing software for businesses. Highlighter converts spreadsheet information from Excel into an App facilitating the... Read more continue reading

Heffron launches free online wizard to help calculate personal transfer balance cap

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Accountants and advisers can now calculate their client’s new personal transfer balance cap, with the launch of Heffron’s new calculator, free in their online portal. The calculator has been developed to tackle the upcoming transfer balance cap increase on 1 July 2021, which is the first increase since the cap was introduced on 1 July,... Read more continue reading

AFA announces Life Company of the Year Award winners

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TAL is the Association of Financial Advisers (AFA) 2020 Life Company of the Year. It is the fourth time TAL has taken out the award in recent years. Runners up for the Life Company of the Year title were: AIA Australia MLC Life Insurance NEOS AFA President Michael Nowak said, “We congratulate TAL on being... Read more continue reading

CPD: Financial consumer protection – part 1 – practical framework for financial advisers

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Strengthening consumer protection continues to be the underpinning theme for much of the ongoing scrutiny and regulatory change seen within the financial services industry in recent years. And, at high level, measures which increase confidence and trust in the sector can deliver meaningful benefits both customers and advisers. However, such measures can become problematic, even... Read more continue reading

High net worth clients: The three strategic issues you HAVE to get to grips with

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The nirvana for most professionals is to work only with high net worth clients.  The challenge in doing so is that the affluent are inevitably becoming more difficult to get in front of personally. As with the famous line from Jurassic Park – “life will find a way” – so too does technology find a way to... Read more continue reading

What do consumers want and can life insurance survive after a ban of commissions?

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A recent report released by life insurance specialist Brett Wright, has shed some light on the life insurance commission debate, from an advice practitioner and consumer point of view. Life insurance is complex, confusing and people don’t wake up in the morning thinking about why they need to buy it. Life insurance advisers cut through... Read more continue reading

Frontier reviews investment manager culture

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In the face of an ever-increasing wave of issues surrounding culture within funds management businesses leading asset consultancy, Frontier, has put its foot down in terms of its approach to assessing culture within the businesses managing its clients $450 billion in funds. Frontier confirm they have always assessed and considered culture within the context of... Read more continue reading

Real Asset Management commits to pay equity leadership

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Australian-owned wealth and asset manager Real Asset Management (RAM) has been recognised for its commitment to closing the gender pay gap in the financial services industry. RAM CEO Australia Scott Kelly has been appointed as a Pay Equity Ambassador by the Workplace Gender Equality Agency (WGEA), after RAM voluntarily signed up for its program which encourages... Read more continue reading