The financial advice landscape has changed dramatically in recent years, particularly in relation to the stated requirement for advice to address likely future needs (see FASEA Code of Ethics, Standard 6). Nowhere is this more compelling than in retirement planning. The changing regulatory environment has combined with increasing longevity and frailty issues to raise the […]
continue readingAt a time when many have described the financial advice sector as reeling, and some advisers are saying they feel depressed and afraid about the future, there’s a good news story emerging from the wreckage – aged-care advice. The white knight of the financial advice industry may not be overtly sexy, but it’s steady, reliable […]
continue reading
16
May
2019
Advisers and licensees distracted by developments in financial services may be overlooking an existing advice opportunity which is available to access a growing revenue stream. “The findings of the Royal Commission into financial services due to be released next Monday and other industry developments have left many advisers and licensees sitting on the sidelines waiting […]
continue reading
04
Feb
2019
Aged care will shift the landscape for financial planning and will become an increasingly important topic of conversation for advice professionals and consumers as revealed by an industry survey conducted jointly by Aged Care Steps and Swiss Re. Assyat David, Director at Aged Care Steps said “The survey results have wide reaching implications affecting consumers, […]
continue reading
06
Feb
2018
When taking into account the costs of aged care, the current retirement planning approach taken by many advisers may fall short of predicting the real retirement income needs and leave clients with significant shortfalls. Financial planners need to adapt their approach to retirement planning to ensure their service meets the real needs of their clients. […]
continue reading
09
Oct
2017
Over the coming months financial advisers will meet with most of their clients to explain the changes to superannuation that take effect from 1 July 2017, to discuss the impact on each client individually and determine actions they need to take. We strongly recommend that advisers use this opportunity to broaden the conversation to include […]
continue reading
08
May
2017
With an increasing demand for aged care advice solutions, Louise Biti and Assyat David are pleased to announce the sale of Strategy Steps to knowIT group owned by Wayne Wilson, Wendy Tyberek and Andrew Roberts. This strategic sale allows Louise and Assyat to fully focus on expanding their Aged Care Steps business and will allow […]
continue reading
13
Oct
2016
Organising a move into residential aged care is a stressful and emotional time for an older person and their family. Building an advice service model that enables clients to outsource some of this stress is key to an adviser’s success. “Overwhelmingly, people helping their parents with a move into care will be struggling with a […]
continue reading
06
Sep
2016
Welcome to the tenth video in the FinTech Lab series. We give FinTech providers an opportunity to pitch their products, have them tested by a panel of advice professionals and be given practical feedback. In this episode, which follows on from last month’s pitch by Assyat David, from Aged Care Steps featuring the Aged Care Advice Generator […]
continue reading
08
Jun
2016
Welcome to the ninth video in the FinTech Lab series. We give FinTech providers an opportunity to pitch their products, have them tested by a panel of advice professionals and be given practical feedback. This episode features a pitch by Assyat David, from Aged Care Steps featuring the Aged Care Advice Generator software, followed by questions from our […]
continue reading
10
May
2016
Earn CPD Points
CPD: 5 big questions the RBA needs to answer in 2020After extremely strong fixed income returns in 2019, the interest rate outlook for 2020 is far more sanguine as the ...
CPD: The hunt for yield can lead to risky territoriesWith interest rates hovering around historical lows globally, investor appetite for alternative income sources has markedly increased. In the current ...
CPD: Chaos theory - how APRA’s Disability Income Proposals and the Best Interests Duty are connectedIntroduction “Does the flap of a butterfly’s wings in Brazil set off a tornado in Texas?” This was the question ...
CPD: Ethical obligations in a financial advice practiceOn 1 January 2020, FASEA’s code of ethics became enforceable by law, requiring advisers to comply with its 12 detailed ...
CPD: Which beta is better?Infrastructure investing is increasingly popular within retirement savings plans and it’s easy to understand why. An allocation to infrastructure can ...
0 comments