risk management

Financial planning

Some planners under-estimating self-licensing pitfalls

Australian Unity chief executive claims some planners are under-estimating the time and costs tied up in self-licensing....

Financial planning

Nailing the SOA

After scanning through thousands of Statements of Advice, Katherine Marchant runs through the common mistakes planners make that jeopardise best practice....

Life/Risk

Risk industry must adapt or die: Aon

The Australian market’s current risk management offering is a poor fit for the real threats facing local businesses, most of which are “uninsurable”....

Life/Risk

Suicide and TPD claims at $350m

Suicide and total and permanent disablement (TPD) claims have totalled almost $350 million over a five year period between 2007 and 2011. ...

Editorial

Going alternative

Alternative investments, like hedge funds, can be seamlessly blended into portfolios, but the trick is to remember they are not an asset class in their own right, Andrew ...

Editorial

Pricing up the platform

With regulatory change shining a spotlight on fees, platform providers are under increased pressure to justify their value. Perhaps innovation is the key to retaining adv...

Editorial

Kicking investment goals

In an increasingly competitive advice space, planners could benefit from ditching benchmarks in favour of goals-based investment, Craig Keary writes. ...

Financial planning

ASIC flags breach crack-down

ASIC has flagged a crack-down on breach reporting with particular emphasis on high risk licensees with poor cultures....

Financial planning

Platforms need to better manage conflicts of interest

Platform operators have complied with new regulations but more still needs to be done in managing conflicts and disclosing hidden fees....

Financial planning

Regulation woes disrupt asset owners’ slumber

Australian asset owners are tossing and turning at night as they try to keep up with and meet regulations of all sorts, BNP Paribas said....

Superannuation

Retirement income policy fractured

Governments should think about increasing the uptake of income stream products including bringing in sensible default options for retirees, the Actuaries Institute said....

Financial planning

Centrepoint posts $11 million turn-around in profit

Centrepoint Alliance has posted an $11 million turn around in after tax profit in the last 12 months driven by good results in its advice and insurance funding businesses...

Financial planning

Banks told to cover all their problems

APRA uses draft guidance to tell the banks, AMP Limited, Macquarie, Suncorp and Challenger that operational separation is not an option for avoiding losses....

Financial planning

New adviser risk management strategy needed: Milliman

Financial advisers have been encouraged to tackle diversifiable and systematic risk simultaneously to meet the needs of a growing base of retirees seeking advice. ...