rice warner

Financial planning

Individual submissions to the Quality of Advice Review have found financial advisers around the country are in dispute as to whether financial technology could help to re...

Financial planning

Banks signal interest in a return to financial planning

An executive with major consultancy Deloitte has revealed that at least two of the major banks have been scoping out opportunities to return to the financial planning are...

Financial planning

Personal investments market to grow 4.4% p.a. over 15 years

Superannuation legislation, product development, and governance and technology will have a huge impact on the personal investments market, according to Rice Warner....

Superannuation

Deloitte takes Rice Warner

Deloitte has acquired leading independent actuarial consultancy, Rice Warner....

Financial planning

Reducing advice costs by graduating levels of advice

If doctors could accommodate the existence of paramedics, why can’t the financial advice profession accept a similar situation with respect to some lesser qualified advis...

Financial planning

Advice firms need digital tools that gain trust

A panel has agreed that a hybrid advice model is needed to close the advice gap but the digital side needs to be trusted by the consumer and holding them account to what ...

SMSF

SMSFs attractive not only due to costs

Individuals who have decided to set up their own self-managed super funds are motivated by far more than costs or investment returns, with a desire for control over their...

Superannuation

Scale the key to SMSF costs and efficiency

Self-managed superannuation funds have become more competitive with Australian Prudential Regulation Authority regulated funds over the past seven years but having a soli...

Superannuation

Report to provide insights on actual cost of SMSF

A Rice Warner report, to be launched later this month, will look at when self-managed superannuation funds are most cost-effective....

Financial planning

Remove best interest in simple advice: Rice Warner

Providing simple financial advice should not need best interest duty as the amount of risk a consumer would take is low and unlikely to be against their interests, accord...

Financial planning

Will advisers be made to pay for reducing the cost of advice?

The Government wants financial advice to be made more affordable and a Financial Services Council has canvassed easier scaled advice, technology and less red tape as bein...

Superannuation

Delay better than abandoning the next SG increase

Leading actuarial research house, Rice Warner, has called for delaying the next superannuation guarantee rise rather than abandoning it altogether. ...

Superannuation

Funds warned: Don’t overpromise on target returns

Superannuation funds need to carefully think through what they are telling consumers in terms of target returns in circumstances where the COVID-19 pandemic has changed t...

Financial planning

How financial planning around super will likely change

Lower superannuation fund returns over the long term may see financial planners forced to change their traditional advice model around superannuation, particularly for th...

Superannuation

Are super funds facing coronavirus liquidity issues?

Superannuation industry executives have acknowledged the potential for funds to run into liquidity issues because of the downturn and risk to jobs in the travel, hospital...