Outlook for UK financial advisers

The big news from the UK is the landscape for retail financial advisers is currently going through a major and prolonged, regulator induced upheaval. In June 2006 the UK’s regulator, the Financial Services Authority, instigated its ‘Retail Distribution Review,’ the outcome of which is that the majority of UK based adviser firms are having to […]

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US FPA says financial planning’s future remains uncertain

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Nearly 2500 people from the financial planning community from around the world descended on Denver for the US FPA conference. It covered almost 5 days of education, networking, recognition and socializing. The big question for Australians attending and there were around 30  of them was are the current issues being faced in Australia as financial […]

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Financial planning in Australia: a bright future

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Financial planners have been the recipients of an inordinate amount of ‘broad brush’ criticism over the last few years – some justified, some not so. Consumer surveys seem to regularly, painfully, suggest that all planners are held in low esteem by many in the community. Wave after wave of problems get enormous amounts of oxygen […]

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Businesses taking off in a competitive market

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“The timing is right, the market is hungry for change and we will now change the game…” These could be the words of the big players NAB, AXA, AMP or it could be a smaller dealer group, or some boutique financial planners, but they weren’t. They were the words of Virgin Blue’s CEO John Borghetti, […]

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Africa. The next big thing?

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Imagine owning the only major supermarket in a city of 18 million people. South African-based food retailer Shoprite doesn’t have to dream of this situation because that’s the competitive advantage its store in the Nigerian capital of Lagos enjoys. Shoprite operates one of the most profitable supermarkets in the world because in the past 15 […]

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Capitalising on emerging-market opportunities can be tricky

The glowing consumption story in emerging markets is well known. Although the specifics will differ from country to country, it’s a tale of large and growing populations that are becoming more urbanised and more affluent. Global companies have long realised that there is a long-term shift in spending power towards emerging-market countries where growing middle […]

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Want a long-term winner? Back consumption

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  About 135 million people around the world are estimated to have escaped from poverty between 1999 and 2004. That means that a population greater than Japan’s (126 million) was added to the pool of global consumers in just five years. Over the next few decades, the number of people considered to be in the […]

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What the world economy has going for it

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When Federal Reserve Chairman Ben Bernanke in July appeared for his twice-yearly appearance before the US Congress he said the outlook for the US economy is “unusually uncertain”. Only a week earlier on July 15, US central bank minutes show that Bernanke expects the US economy to stagger along below its average growth rate for […]

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How ‘self managed’ are Self Managed Superannuation Funds?

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With the 2010 superannuation peak ‘season’ now passed it’s tempting for many Australians to disengage from their super until next June or at least until they get their next fund statement.  The detachment of Australians from their retirement savings is well documented – particularly in younger groups of workers. This begs the question of what […]

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