This Month
Labor unveils plan for army of advisers to help Baby Boomers
Labor will attempt to re-write financial advice laws to relax the regulatory requirements that have made advice prohibitively expensive for many.
- Joanna Mather
Nine private wealth advisers defect from Perpetual
Street Talk understands nine advisers resigned from the 138-year-old investment group on Friday.
- Sarah Thompson, Kanika Sood and Emma Rapaport
November
Michelle Levy backs big super, Labor in financial advice fee fight
The Quality of Advice Review chairwoman has backed big super funds and Labor’s bid to allow funds to share the cost of financial advice across their membership bases.
- Updated
- Hannah Wootton
- Exclusive
- AustralianSuper
PM’s financial advice reforms at risk of collapse
The government’s efforts to get a deal on giving more Australians access to good financial advice without paying thousands of dollars have stalled after an impasse on funding.
- Updated
- Jennifer Hewett
CBA exit hands $5b in assets to LGT Crestone
As first reported by Street Talk, CBA sold the Commonwealth Private business and its $5 billion in funds under management to LGT on Monday.
- Lucas Baird
- Opinion
- Smart Investor
A family road trip upended my thinking about how we advise retirees
Spending 130 hours in the car with my wife and daughters made me realise how easily we lose sight of what truly matters.
- Renato Mota
August
Insignia shares sink after ‘disappointing’ dividend pause
Delivering his first full-year results as CEO, Scott Hartley said the dividend freeze was needed to strengthen the balance sheet amid remediation costs.
- Updated
- Hannah Wootton
AMP cuts financial advice deal, stemming losses
The company will partially sell that business via transactions totalling $92.4 million, while the stock lifted 13 per cent after interim profit beat consensus.
- Hannah Wootton
July
‘I’m a financial adviser but pay somebody else to manage my money’
Thriving Wealth founder John Cachia had three good reasons to outsource his financial affairs.
- Michelle Bowes
June
Doug Tynan’s GCQ doubles down on distribution with new hire
The $800 million equity shop has tapped a Franklin Templeton sales director to spearhead its distribution efforts in Victoria, Tasmania and Western Australia.
- Sarah Thompson, Kanika Sood and Emma Rapaport
- Opinion
- Opinion
The ghost of Dixon Advisory haunts planning industry
Financial planners are up in arms about being forced to pay out tens of millions of dollars in compensation to victims of the conflict-riddled wealth management firm.
- Jonathan Shapiro
May
Investors to be stung by $250m in new advice fees
A tax office ruling will see investors pay 7.5 per cent more for advice obtained from super funds and platforms, despite government moves to cut advice costs.
- Michelle Bowes
Super funds spend big ahead of advice reforms
As the legislation enabling them to give more financial advice languishes in Canberra, funds are moving ahead with plans to implement it anyway.
- Hannah Wootton
The future of financial advice is digital – and human
AI-powered apps are touted as a big part of the solution to providing affordable financial advice en masse, but winning people’s trust is a key challenge.
- Joanna Mather
How this Millennial plans to retire at 35
Saving hard and opting out of the consumer lifestyle has helped these people retire decades before their parents did.
- Bianca Hartge-Hazelman
Why I’ve got more in my super than when I retired 11 years ago
Choosing the right financial adviser can help set strategies, achieve goals and protect wealth. Here’s how to find the right one – and how much you should pay.
- Duncan Hughes
I’m a Zillennial. Is financial advice worth it for me?
At $4700, many young Australians would think twice about taking on a financial adviser. But are there instances when it’s worth it?
- Lucy Dean
Government still stumped by financial advice semantics
The government will try to head off a semantic storm over the term “qualified advisers” by replacing the words with “product adviser”.
- Joanna Mather
Crypto miner spruiked 16pc returns for five years without a licence
A Gold Coast cryptocurrency miner was authorised to provide financial services for less than seven months despite operating for six years.
- Max Mason
ASIC finds super funds still charging fees for no service
Super funds are obliged to ensure members are only charged for financial advice they actually receive but not all are doing so.
- Michelle Bowes
