financial advice

Funds management

Fintech raises over $500,000 as it gears up for advice service expansion

Australian fintech and wealth manager, BigFuture, has completed a $520,000 capital raising as it looks to build its service capabilities....

Financial planning

Advice still costs more than consumers want to pay

New Investment Trends research confirms that financial advice still costs more than most consumers are willing to pay....

Policy & Regulation

Advisers warned on foreign ownership laws

Advisers could face penalties for assisting foreign investors to breach property ownership laws, under legislation that comes into force today....

Financial planning

Adviser language not connecting with clients

Advisers need to change the language they use to connect with clients, instead of forcing them to learn adviser language, a financial adviser said. ...

Policy & Regulation

2015: A year of policy challenges

Mike Taylor reflects that 2015 was a year of policy challenges for the financial services industry, many of which will continue into 2016....

Funds management

Founder’s philosophy steers strategy

Eighty years on, the vision of founder William McCormick Blair still guides the funds management business that bears his name, writes Nicholas O’Donoghue. ...

Financial planning

We’ve learned our lessons says Commbank chairman

Commonwealth Bank chairman, David Turner, says the bank has learned its lessons from its financial advice failings....

Financial planning

Accountants told to dive into advice pool

Count Financial tells accountants they are trusted by clients and therefore need to understand the size of the advice pool....

Financial planning

Adviser Ratings offers lure of free advice

Consumers are being offered the opportunity to win free financial advice for a year, as part of a competition run by Adviser Ratings....

Financial planning

ASIC should outlaw robo-advice

Wealth Today managing director, Greg Pennells, has called for robo-advice to be outlawed, calling it a ridiculous innovation that takes a one-size-fits-all approach to fi...

Accounting

Paradigm joins chase for accountants

With less than a year to go to the end of the accountants’ exemption, another advice group has started offering accounting practices an outsourced AFSL facility....

Funds management

Fragmentation of advice sector to open doors for boutiques

Boutique fund managers are set to benefit from fragmentation of the advice sector, with advisers breaking away from aligned groups to offer greater variety to clients....

Financial planning

Adopting solutions to changing markets

As a pure investment house, BTIM believes asset management firms are steering towards providing more solutions than just beta products, as investors demand more income in...