To scale or not to scale a growing advice practice?

The decision to scale up a small advice practice can be a difficult judgement call. Money Management speaks with two advisers on whether the potential gains outweigh the initial costs for their business.

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Former AMP adviser makes call to arms over BOLR settlement

A former AMP financial adviser has urged advisers in the BOLR class action against AMP to object to the “unfair and unreasonable” $100 million settlement sum as the objection deadline approaches on 22 May.

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Will ETF usage kill advice?

The popularity of ETFs, which are approaching $200 billion in Australia, is a potential threat to the advice landscape if consumers opt to invest directly, according to this senior partner.

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Two Victorian advice firms complete merger

Two Victoria-based financial advice practices have merged and rebranded as Forbes Fava Saville Financial Planning, as the firm realises the benefits of added scale.

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Relative Return: The appeal of global private credit

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FSCP issues reprimand over SOA failings

The Financial Services and Credit Panel has made its latest ruling over a case involving an incorrect Statement of Advice.

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LGT Crestone launches diversified alternatives fund

The wealth management firm has unveiled a new fund in partnership with PG3 AG and investment specialist Longreach Alternatives, describing the investment solution as an “alternative” to traditional alternatives.

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GQG completes M&A to form Private Capital Solutions division

GQG Partners has completed the acquisition of the minority interests held by Pacific Current Group in three affiliates which will form its new Private Capital Solutions division.

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Will advice firms take on workplace visas to ease shortage?

The FAAA has suggested looking offshore for overseas financial advisers to ease the adviser shortage, but are employers willing to take on the burden of workplace visas?

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GG

So shareholders lose a dividend plus have seen the erosion of value. Qantas decides to clawback remuneration from Alan ...

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Denise Baker

This is why I left my last position. There was no interest in giving the client quality time, it was all about bumping ...

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gonski

So the Hayne Royal Commission has left us with this. What a sad day for the financial planning industry. Clearly most ...

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Having divested its advice business in August, AMP is undergoing restructuring in at least four other departments amid a cost simplification program....

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