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Financial Planning

Poor financial literacy worsens underinsurance problem

KARREN VERGARA  |  TUESDAY, 28 FEB 2023
Australia's poor level of financial literacy is potentially making the underinsurance problem worse and puts women further behind, according to MetLife.

Economic landscape spurs advice model rethink

KARREN VERGARA  |  TUESDAY, 28 FEB 2023
Economic uncertainty is forcing financial advisers to rethink their business models as they broaden their remit outside of traditional of investment management and administration.

Countplus grows advice arm, discontinues Wealth Axis

JAMIE WILLIAMSON  |  MONDAY, 27 FEB 2023
Countplus reported growth in advisers of 13% in the first half and a 17% increase in wealth segment revenues, while also announcing it will discontinue Wealth Axis' operations.

Diverger highlights M&A progress, pipeline

JAMIE WILLIAMSON  |  MONDAY, 27 FEB 2023
In reporting its half-year results, Diverger reinforced its commitment to inorganic growth, saying a 13% drop in profits is owed, among other things, to investment in its FY25 strategy.

HUB24 tops platform rankings

CASSANDRA BALDINI  |  MONDAY, 27 FEB 2023
HUB24 has stolen the crown from Netwealth and reclaimed the top spot for overall platform functionality.

Super fund advice needs more guardrails: Conference

KARREN VERGARA  |  MONDAY, 27 FEB 2023
Loosening financial advice regulation under the Quality of Advice Review proposals would highly benefit superannuation fund members, but many are convinced that this only works in theory.

Centrepoint Alliance scoping for scale

JAMIE WILLIAMSON  |  FRIDAY, 24 FEB 2023
Centrepoint Alliance said it is actively hunting acquisition opportunities, as it reported a significant increase in profit for the first half.

Bridges can meet advice affordability gap: Mota

KARREN VERGARA  |  FRIDAY, 24 FEB 2023
Following a massive overhaul, Insignia Financial chief executive Renato Mota is confident that one of its brands will be able to meet the growing advice affordability gap.

Fintech joins forces with advice students

KARREN VERGARA  |  TUESDAY, 21 FEB 2023
A technology firm has introduced its software to the University of Technology Sydney's financial advice students in a bid to offer practical experience before they graduate.

California to mandate personal finance studies

KARREN VERGARA  |  TUESDAY, 21 FEB 2023
The US state is spending big on financial education and is close to mandating personal finance courses for high school students in a bid to combat financial illiteracy.