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KPMG
Funds management
Australia’s four major banks have delivered $14.4 billion in combined headline cash earnings for the 2022 half year, up $700 million or 5.1% from 2021 half year results....
Financial planning
The firm, formerly known as IOOF, has been praised by KPMG as a “rare” company that is tying environmental metrics to long-term incentive plans....
Features
2022 is set to have less compliance and regulatory activity, writes Zach Castles, leaving advisers with more time to focus on helping consumers and improving their busine...
Financial planning
Small advisories will need to partner in networks to share technology solutions if they want to survive in a shrinking industry that is becoming more expensive to operate...
Financial planning
With only 27% of payments being conducted with cash in Australia, this is leading to a “fertile ecosystem” for fintech companies in the payments space. ...
Funds management
Growth and longevity are the two main focuses for Australian and Asian family offices, according to a study conducted by KPMG and The Table Club....
Financial planning
The cost to produce advice is around $5,335 but the average adviser is charging $3,660 and removing safe harbour and strengthening the code of ethics will reduce the cost...
Financial planning
The Financial Services Council has created a blueprint for a simplified financial advice regulatory framework that claims it could reduce advice costs to $3,466 and save ...
Superannuation
With some superannuation funds projected to grow by 200% to 300% by 2030, super funds will need to address key challenges in their investment governance arrangements, acc...
Financial planning
While the average female retirement has come down slightly in the past two years, there are still steps that can be taken by the Government to help close the 28% gender s...
Funds management
For the first time in Australia, responsible investment has reached over $1 trillion and managers have improved accountabilities to prove they are not greenwashing, accor...
Funds management
Banks have paid more than $7 billion to customers in remediation since the Royal Commission but this ending will leave them with more available cash to distribute to shar...
Financial planning
The ‘inflation genie’ is unlikely to escape as subdued inflation and wage pressure mean rates could be held at 0.1% until late 2023 according to the Reserve Bank of Austr...
Funds management
Almost 100% of companies in the ASX 100 are linking their business activities to the United Nations’ Sustainable Development Goals, according to a report by KPMG....
Policy & Regulation
The Australian Securities and Investments Commission has clarified that the regulator only paid for tax advice to its stood-aside chairman, James Shipton, but can’t say w...
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MARKET INSIGHTS
Podcast
Interesting. Would be good to know the details of the StrategyOne deal....
It’s astonishing to see the FAAA now pushing for more advisers by courting "career changers" and international recruits,...
increased professionalism within the industry - shouldn't that say, FAR register almost halving in the last 24 months he...