The UK Crypto-task Force has published a ‘unanimously’ agreed report on crypto-assets for its digital currencies inquiry. Its findings demonstrate a deep misunderstanding of the industry. Kate Rhodes, Director of Regulatory Affairs for Coinweb and Industry expert, discusses below. The UK Crypto-task Force report, unexpectedly released today, demonstrates a deep misunderstanding of both crypto-assets and […]
continue readingAs the federal government, Royal Commission and FASEA continue to reshape the industry and fuel many predictions and much speculation, it’s imperative to take time out to seriously consider the future as the ramifications are so immense. The industry has seen constant change over the past 30 years which started when Paul Keating created the […]
continue reading
09
Aug
2018
Tackling the trust issue is one of the greatest challenges currently facing our industry. Peter Malekas explores practical ways for advisers to turn the tide. We are experiencing a national crisis of confidence in our institutions. Our trust in business, government, media and non-government organisations has fallen drastically in the past year, and signs point […]
continue reading
17
Jul
2018
The recent news that ASIC has commenced legal action against AMP is not surprising. The fallout that has resulted from the Banking Royal Commission, along with ASIC’s announcement that its financial services reforms has enshrined conflicts of interest within vertically integrated advice and product providers, have not come as a surprise to many long term […]
continue reading
10
Jul
2018
As the fallout and ramifications of Dover Financial Advisers (Dover) demise continue to reverberate following the group’s decision to hand back its AFSL and it has exposed the immense flaws in the Australian licensing regime. It clearly highlights how the current structure favours large institutions and not the advisers and their clients. Not only are […]
continue reading
20
Jun
2018
DFS Portfolio Solutions Principal, Stephen Romic, addresses the future of Financial Advice, which is based on his firm’s experience in successfully separating planning and portfolio advice. The DFS approach promotes advisor accountability through transparency and offers an objective framework that enables consumers to consistently measure the levels of value and success they are achieving. DFS […]
continue reading
07
Jun
2018
“While ‘fake news’ is now a common catch phrase, income investors also need to be aware of ‘fake income,” said Don Hamson, Managing Director of Plato Investment Management (Plato). Dr Hamson explains that ‘real income’ is the income derived from investments in the form of interest, dividends (including franking credits) and rents. “It should not […]
continue reading
23
May
2018
As the Royal Commission into the Banking, Superannuation & Financial Services Industry gets underway Connect Financial Service Brokers (Connect) CEO Paul Tynan said he expects an acknowledgement of the fundamental issues when you combine banking and advice services. Commenting further Paul Tynan said, “The essential difference is that banking has a short-term time horizon and […]
continue reading
27
Feb
2018
Julian Plummer, Managing Director of Kamino Cyber Security (and Midwinter Financial Services) has urged advisers, accountants and superannuation funds to ensure that the new Australian mandatory data breach notification laws are given top priority in their businesses coming into 2018. The recently introduced laws, (which receive royal ascent in February 2018) specify that all businesses […]
continue reading
08
Dec
2017
Martin Currie Australia, a leading Australian equity affiliate of Legg Mason, believes Australian retail sector can, by and large, cope with the arrival of Amazon and that the most vulnerable businesses will be the second-tier ones in the consumer electronics sector, where Amazon has a strong record of success. Consumer sector research analyst at Martin […]
continue reading
06
Dec
2017
0 comments