Daily news for financial services professionals

Adequacy needed in super definition

28-Sep-2016|By Daniel Paperny

Failure to enshrine retirement income adequacy in the legislated objective of superannuation could threaten the sustainability of the age pension, meaning many Australians miss out on a comfortable standard of living. That is the view of Ass.. Read More

Retirement adequacy a wake-up call for govt

Govt definition of super not adequate

Longevity overlooked in planner conversations

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Compensation advice needs compassion, brevity

28-Sep-2016

Compassion, legal knowledge and the ability to explain complex concepts in simple language were key skills needed to work as an adviser within Australia’s approximately $3 billion private compensation trust mar.. Read More

Millinium invests in Ignition Wealth

28-Sep-2016

Millinium Capital Managers yesterday announced it had invested in digital advice finance provider Ignition Wealth as part of its Millinium Alternatives Fund mandate to explore high-growth opportunities. Millini.. Read More

Aligned AFSL closures to continue

28-Sep-2016

Commonwealth Bank of Australia’s recent closure of its BW Advice dealer group was indicative of a trend that was likely to continue in the aligned advice space, with institutions looking to either bring dealer .. Read More

AFA announces Rising Star finalists

28-Sep-2016

Six finalists have been announced for this year’s Association of Financial Advisers (AFA) Rising Star of the Year Award, with the winner to be announced at next week’s 2016 AFA Conference in Canberra. .. Read More

Culture a blueprint for fintech success

28-Sep-2016

Australia was at a turning point in the evolution of its fintech industry and the success of Sydney’s Stone & Chalk in the past 12 months revealed the importance of building an entrepreneurial culture from .. Read More