Separation of duties allows advisers to focus on advice
Managed accounts, which can include separately managed accounts, will leave advisers to advise, managers to manage and administrators to administer.
Banks may struggle to win over accountants
The new wave of accountants set to enter the financial planning industry will be unlike any group encountered before.
Bonds still a good bet
If advisers are nervously anticipating a lift in interest rates will cause their clients’ fixed-income portfolios suddenly to go thundering through the floor, they can calm down for just one moment.
ASIC revamps adviser register
As the regulator works on a register of financial advisers, private players are looking at ways to rank providers.
ARRIA sounds call for certainty
Portfolios constructed to target returns above inflation sound like a great idea in hindsight, but in bull markets it’s a hard sell – to clients and advisers.
Automation key to low-cost plans
A handful of Australian networks are following the lead from the US, applying the principles of lean manufacturing to create cheap plans.