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Secrets to selling revealed

ELIZABETH MCARTHUR  |  MONDAY, 2 SEP 2019
... exiting is get it valued," she said. "When a business is valued it sharpens the mind because you now have a number." Her next piece of advice was to think like a buyer rather than a seller. "If you are building a business to have forever it's emotionally ...

Risk commissions must be retained: MetLife

JAMIE WILLIAMSON  |  THURSDAY, 29 AUG 2019
... revealed that 30% of consumers and 50% of SMEs plan to change their current adviser or stop receiving advice at all in the next 12 months, citing high fees and lack of contact.

Hejaz climbs Islamic fund ladder

KRISTI CHENG  |  THURSDAY, 29 AUG 2019
... will expand despite a global volatile market, expecting funds under management - currently at $60 million - to double in the next 12 months. "Our track record of strong results, growing investor interest, and increasing market demand for Islamic investment ...

AFA Foundation headed for milestone

ELIZABETH MCARTHUR  |  WEDNESDAY, 28 AUG 2019
... members trekked the Kokoda trail to raise money for one of the foundation's partners, Bears of Hope. Applications open for the next round of charity grants in February 2020.

REP 515 divides advice community

ELIZABETH MCARTHUR  |  WEDNESDAY, 28 AUG 2019
... about the current regulatory environment for advisers, Anderson looked at the myriad of legislative changes laid out over the next few years as part of the government's roadmap to implementing all of the Royal Commission's recommendations. Those ...

Super funds hungry for offshore assets: NAB

KARREN VERGARA  |  WEDNESDAY, 28 AUG 2019
Nearly three in four superannuation funds will look to unlisted, offshore assets in search of superior returns over the next two years and they are willing to take on more currency exposure risk in the process. This is according to NAB's Superannuation ...

ASIC clamps down on poor advice, grandfathered commissions

KARREN VERGARA  |  WEDNESDAY, 28 AUG 2019
... have ceased such arrangements. It will also examine how rebate arrangements work in practice. Another initiative over the next five years is examining the effectiveness of measures aiming to improve the quality of advice. This will include scoping and ...

Advisers band together: AFA Conference 2019 kicks off

ELIZABETH MCARTHUR  |  WEDNESDAY, 28 AUG 2019
... staff in attendance. The AFA made a conscious decision to switch up its conference program this year too, he adds. Over the next three days delegates will hear from the likes of former Foreign Minister Julie Bishop, Assistant Minister for Superannuation ...

Treasurer moves on broker remuneration

ELIZABETH MCARTHUR  |  TUESDAY, 27 AUG 2019
... the government will introduce a best interests duty for mortgage brokers and seek to reform broker remuneration. It is the next step in the government's response to the Royal Commission, releasing draft legislation is in response to recommendation 1.2 ...

ATO to crack down on SG non-payment

KRISTI CHENG  |  TUESDAY, 27 AUG 2019
... member account details and contributions to the ATO within five to 10 days of the transaction. O'Halloran said the ATO's next steps will be to incrementally integrate data analytics tools into its engagement and treatment strategies to address SG non-payment ...