Financial advice turning into the new legal aid

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06 September, 2021

Latest News

Money Management Original

Advice industry moving into ‘financial aid’

The advice industry is turning into a structure where only the wealthy can afford advice and digital offerings will only create more corruption, according to a financial planning broker.

Money Management Original

Advisers need to step up digital offering to keep HNW clients

Over 80% of high net worth clients expect on-demand mobile access to digital information, but only around 50% of firms offer that, according to Netwealth.

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The alphabet soup of income possibilities

Income opportunities can still be found despite uncertainties on rates and market sentiment. Tap into securitised credit to broaden income possibilities

Industry News

APRA outlines purpose and scope of climate assessment

The regulator has outlined the purpose, design and scope of its climate vulnerability assessment to help regulated entities, including the largest banks, understand and manage the financial risks associated with climate change.

Industry News

Plato upgrades ASX 200 yield forecast

Dividend growth has led Plato Investment Management has upgraded its gross yield forecast for the ASX 200 to 5.2%.

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Industry News

Leadership changes at AMP

One month into her role as chief executive, Alexis George, has announced several changes to the firm’s executive committee ahead of its demerger from AMP Capital Markets.

Industry News

ClearView announces strategic review

After hitting milestones such as the separation of its advice business and its restructure of the firm by line of business, ClearView has announced a strategic review.

Editorial

Money Management Original

Govt needs to explain YFYS performance test nuances to members

The ‘pass’ or ‘fail’ mark of a superannuation fund can be construed as a rubber stamp of approval or disapproval from the Government so it is on them, along with super funds, to explain what the test actually means.

InFocus

Money Management Original

InFocus: Is TikTok advice any better than ‘the man down the pub’?

While finfluencers are on the rise and targeting younger investors, this presents an opportunity for advisers to help investors separate the information from the noise, writes Laura Dew.

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