The new normal for financial advisers: a time for reinforcing empathy and meaningful client connections

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During these unpredictable times, it’s understandable that people are feeling high levels of uncertainty. All aspects of our lives – from health, work and finances to socialising and the way we perform menial tasks – are being impacted in different ways. Financial advisers are in a unique position to help clients realise their aspirations As... Read more continue reading

Post Covid-19 economy inspiring increased M&A activity with financial advisers

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Dennis Tomaras, a partner in eastern seaboard law firm, Cornwalls, believes that Covid-19 will be a significant contributing factor inspiring a wave of merger and acquisition activity in the financial advisory sector. ‘Financial advisers have been exiting the industry in growing numbers over recent years and this is fuelling advice businesses seeking M & A... Read more continue reading

5 tips for managing your financial advice practice through changing times

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As people are increasingly embracing technology, there is no question the financial advice industry will change as we all become accustomed to the new digital normal. To thrive and remain competitive we must continue to innovate and invest in our digital capabilities. I am proud to see how the industry has adapted to meet changing... Read more continue reading

Early access not so super for women

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The COVID-19 crisis has seen many Australians taking steps to stay afloat with their finances. With women more likely than men to withdraw super to make up the shortfall in their income, what does this mean for their long term financial wellbeing? Fran Hughes CFP®, Head of Financial Solutions at Nexia Perth explores the reasons... Read more continue reading

We need to talk some common sense about super

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Economic pain has been on the horizon for some time now, but no one wins in a race to the bottom. There’s no doubt that the remainder of 2020 is going to be particularly tough for Australian businesses and their employees. Until earlier this year, the economy had been slowing for some time. It was... Read more continue reading

Consumers engulfed in coronavirus ‘circle of fear’ turn to depleted & wounded ranks of planners for help

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As the flattening of the coronavirus curve slowly inches downwards and a glimmer of hope appears on the horizon, it’s appropriate to reflect on the myriad of issues and lessons derived so far from the pandemic, in particular the lack of recognition that is afforded to the role of financial planners. With the ranks mercilessly... Read more continue reading

The turning point for financial advice in Australia

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The world has shifted. These are tough times and they will affect people differently. Advisers are going to experience their own hardship through this time, but it’s also a big turning point for them. Advisers have been under pressure for the last few years where the industry has been belittled and downtrodden under the weight... Read more continue reading

Reassure clients by dealing with the now and preparing for the future

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Although many professional advisory businesses are facing a tsunami of unprecedented challenges as a result of the economic impact of the coronavirus, it’s imperative not to lose sight of the fundamentals that begin with reassuring clients. As usual in situations such as this, accountants, financial planners and legal firms found themselves dealing with a deluge... Read more continue reading

The storm sweeping across financial services

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Uncertainty stokes the flames of fear and that is particularly evident across the financial services sector with daily news of new Coronavirus infections recorded in Australia and other parts of the world. Closing businesses, restricting travel, being told to stay home and perceived mixed messaging has heightened anxiety amongst employees and their families. Talk of... Read more continue reading

Re-energising business optimism will be the major challenge post Coronavirus

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The Coronavirus (CODVID-19) that is currently impacting the national and global economies is certainly having a significant negative effect on the confidence and optimism of SMEs and business managers said DifferenThinking CEO Dr Zivit Inbar. However, it is only the latest of an ongoing stream of negativity that inundates business world daily with messages of... Read more continue reading