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Showing 41 - 50 of 353 results for "Advice practices"

Platforms placate fee consent ordeal: SuitabilityHub

KARREN VERGARA  |  MONDAY, 17 FEB 2025
... Platform Market Wrap report, which analysed 18 platforms and portfolio solutions. "One of the areas that a lot of advice practices struggle with each year is the ongoing fee consent," Peker told Financial Standard. If the average adviser has 110 clients ...

Shift needed in retirement income advice: Allianz Retire+

MATTHEW WAI  |  FRIDAY, 14 FEB 2025
... said. "In the same way that investments and insurance philosophies are foundational resources for adviser and advice practices, driving more efficiency and consistency and quality outcomes for client, the time is now right for the retirement income philosophy ...

Advisers must improve public awareness to win Australians' trust: Report

ANDREW MCKEAN  |  FRIDAY, 14 FEB 2025
... the need for financial advice and what it involves. But in recent years, a gap has materialised, with boutique advice practices unable to match the marketing budgets of bigger players. Though as super funds move further into the advice space following ...

Super admin providers face reckoning in 2025: Finura

KARREN VERGARA  |  MONDAY, 20 JAN 2025
... is a long-term game and patience will be required." Meanwhile, one AI file-noting provider claimed to sign 130 advice practices in three months, yet showed significant churn, with about 35% of users abandoning AI tools within six months. Even the take ...

Morgans Financial crowned largest licensee

KARREN VERGARA  |  WEDNESDAY, 8 JAN 2025
... paid $10.2 million for AMP's advice licensees and Jigsaw. AZ NGA acquired AMP's minority stakes in 16 advice practices for $82.5 million. AMP retains a 30% in the advice businesses. In closing out 2024, the total adviser population remained stable ...

AMP completes advice licensees sale

KARREN VERGARA  |  MONDAY, 2 DEC 2024
... $10.2 million for AMP's advice licensees and Jigsaw, while AZ NGA acquired AMP's minority stakes in 16 advice practices for $82.5 million. AMP will book an accounting loss on the sale of about $36 million due to separation and transition costs ...

'New class of advisers' need clear-cut distinction: FAAA

KARREN VERGARA  |  THURSDAY, 28 NOV 2024
... this proposal is that the NCAs of today can become the professional financial advisers of the future," she said. Advice practices can too leverage NCAs to advise children or the grandchildren of existing clients. "Advice firms should have this option. ...

Top advisers champions in two key areas: Iress

MATTHEW WAI  |  THURSDAY, 21 NOV 2024
... "ripe for industry-wide improvement" to drive efficiencies. The Advisely Index Report revealed top Australian advice practices serve 40% more clients than their peers in a competitive landscape where demand for advice is growing. However, although demand ...

Acclaim Wealth enters managed account space

ANDREW MCKEAN  |  TUESDAY, 15 OCT 2024
... Equities being our next enhancement," Constable said. He said that managed accounts are widely used in financial advice practices, but for a long time, the number of investment models practices can use has been limited, noting that many practices face ...

AMP Advice expands network

MATTHEW WAI  |  THURSDAY, 3 OCT 2024
... continue sourcing high quality financial advice firms across the country. "We take the opportunity of working with advice practices who see us as the right partner to help them achieve their goals very seriously - whether it's growth, profitability ...