Editor's Choice
Praemium's new leadership toughens earnings yardstick
|Praemium's new leadership will be keeping a close eye on costs, with new chief executive Denis Orrock noting he will make sure the technology upgrade underway translates into stronger earnings and better returns for shareholders.
Australian Ethical FUM drops by $70m
|Australian Ethical saw a net outflow of $100 million in its investment business in the first quarter of the financial year.
Perennial expands wholesale offer for pre-IPOs
|Perennial Partners is launching a new strategy for wholesale investors to capitalise on global pre-IPO opportunities, charging a minimum investment fee of $100,000.
Macquarie wealth investment chief to depart
|Macquarie chief investment officer for wealth will take on a new role at a New Zealand-based investment management firm after serving in the position for close to three years.
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David Sharpe
CHAIRMAN
FINANCIAL ADVICE ASSOCIATION AUSTRALIA
FINANCIAL ADVICE ASSOCIATION AUSTRALIA
A family man, business owner, cricket fanatic and financial adviser, David Sharpe has many facets. One of his biggest legacies, as he steps down as chair of the Financial Advice Association Australia, is leaving the profession stronger than he found it.







The disappointing aspect of the government's approach to regulation in the financial services arena, is that they are perpetually looking in the rear-view mirror and 'fixing' what they perceive to be wrong: the dog is chasing it's tail.
What is needed is a 'clean sheet' approach involving collaboration between the legislators, regulators, providers, advisers and clients to design a 'system' to meet a community need.
Coincidentally, many of the necessary elements are in place; regrettably, their implementation has been haphazard, onerous, costly and poorly communicated.
Our practice - and the team comprising it - cope with the change by keeping the one focus that has always been the purpose of our existence, on our clients, their best interests and to do so as 'professionally' as possible, ethically, transparently and as well communicatred as we can.