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Top tips to kill your advice business

KERRIE SYDEE  |  FRIDAY, 7 OCT 2016
... already at the frontier or that you've already made it and don't care where the frontier is," he explained. For those advisers not looking to kill their businesses, Kearney offered some insight: they must make strategy part of their job and a process ...

Insurance reforms get member support

MARK SMITH  |  FRIDAY, 7 OCT 2016
... Dunsford, withdrew his support for the resolution ahead of the vote. The AFA has long maintained that opposing the LIF would not only harm its reputation but also severely hamper its ability to lobby the government over any future proposed changes to ...

Adviser reform about recovering social licence

MARK SMITH  |  THURSDAY, 6 OCT 2016
... felt a life insurance code would be the most effective. Remuneration changes was third with 12%, while 10% felt the LIF would not have any impact at all. Advisers also overwhelmingly said life insurers can come to the table to help them meet the challenges ...

Advisers must know more than client history

DARREN SNYDER  |  THURSDAY, 6 OCT 2016
... Housing and MS Research Australia. Sarah-Le Lacheur said successful advice practices are getting to know the whole client and not just their financial lives. "Part of the value of the AFA Foundation is to give AFA members exposure to charities which ...

AFA excellence in education award winner revealed

KERRIE SYDEE  |  THURSDAY, 6 OCT 2016
... said. He added: "The national finalists demonstrate there's this direct link between investing in education and performance not only of themselves and their team but also this knock on effect that they create with their clients and their business." Asteron ...

Investment bonds key to secure retirement

JAMIE WILLIAMSON  |  THURSDAY, 6 OCT 2016
... advantaged structure that managed funds can't match. Investment bond earnings are tax paid at a maximum of 30%, and investors do not have any tax liability while their money remains invested in the investment bond," Walsh said. "For investors looking ...

ANZ blames tech and training for bank mishaps

JAMIE WILLIAMSON  |  THURSDAY, 6 OCT 2016
ANZ chief executive Shayne Elliott has conceded the bank has not always met the standards it sets for itself or that the community rightly expects. In addressing the House of Representatives' parliamentary committee yesterday, Elliott said: "Each time ...

Crestone signs former Rio Tinto CEO

DARREN SNYDER  |  THURSDAY, 6 OCT 2016
... business which delivers global investment advice to its Australian client base of high-net-worth individuals, family offices and not-for-profit organisations. Crestone chair John McDonald said: "We are delighted that someone of Leigh's calibre has accepted ...

Majority of active managers underperforming: S&P

ALEX BURKE  |  THURSDAY, 6 OCT 2016
The majority of active Australian fund managers underperformed their relevant indices in FY16, according to the Mid-Year 2016 S&P Dow Jones Indices Versus Active Funds (SPIVA) Australia Scorecard. The research, issued bi-annually, tracks about 1000 ...

ETF managers now among Australia's fastest growing

DARREN SNYDER  |  THURSDAY, 6 OCT 2016
Despite the rise and rise of ETF investing, the sector still accounts for just 6% of the indexing market even though some ETF managers are now among Australia's fastest growing investment houses. According to Rainmaker's June 2016 Roundup industry report ...