Staring into the Abyss: the death of financial advice?

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The language of the LICG, especially in its most recent member update, extols the virtues of fighting for the rights of the consumer, the “ill effects” of LIF of “evidence based” facts and the “basic democratic rights” of members and irrefutable evidence of the shortcomings of the legislation. There is indeed passion within the LICG. […]

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The Ten Commandments of Practice Management

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Improving the processes in your practice is one of those things most financial planners need to do, but usually they put it on the back burner so they can get higher priority tasks done.  Like meeting new clients and reviewing existing clients. But at some stage it will be worthwhile taking the time to improve […]

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What do financial planners want from industry reforms?

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It seems the people most effected by the proposed reforms of the financial advice industry have had very little say in what reforms are needed and how they should be implemented. Of course I am talking about the financial planning practitioners themselves. However, parties who’s sole interest is in seeing the destruction of the financial […]

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How to obtain the Holy Grail of Practice Ownership

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Practice ownership is the ultimate goal of most professional financial planners.  Being in control of one’s own destiny is the major reason many people seek a career in financial planning as well as the financial rewards that come with running a successful business.  It has been getting harder over time to achieve the goal of […]

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Research Houses! All talk but very little value!

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Financial planners continue to question the relevance of research houses, yet we still see little evidence of change in the service offering from research houses to keep pace with the ever changing financial advice environment. What is the role of research houses now? Following the performance of the majority of research houses over the last […]

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