Access at heart of fixing broken advice model


The contemporary model for advice accessibility was “broken”, meaning financial planners must look for new opportunities to reach the broader pool of unadvised Australians, according to fintech start-up N.. Read More

Watchdog to go after investigation costs


The corporate regulator yesterday announced it would start using its powers to recover expenses and costs of its investigations, something it had rarely done in the past. Despite ASIC generally needing to pay th.. Read More

Advice389 eyes different models


Countplus subsidiary Advice389 will target three types of planning firms as part of its shared equity strategy, under which it plans to buy a 30 per cent stake in 20 to 25 practices over three or four years, with the.. Read More

BT planner buys Genesys firm, exits insto


The New South Wales financial planning arm of Hall Chadwick has broken away from the chartered accountancy firm and severed ties with BT-owned licensee Securitor. The financial planning business announced yester.. Read More

Countplus subsidiaries close in on transactions


New Countplus subsidiaries, Advice389 and Blue789, were on the cusp of completing their first transactions, with Countplus chief executive Phillip Aris confirming these would take place in the first quarter of the 20.. Read More

Ex-BT firm to boost family model at Findex


BT-aligned licensee Securitor lost one of its Melbourne-based member firms to financial advisory and accounting giant Findex Group yesterday. Findex announced it had acquired financial planning practice Goodrich.. Read More

Cyber-security to support digitisation: Narev


Digital innovation within the financial services industry was set to continue and needed to be supported by thorough cyber-security measures, a senior executive said yesterday. Speaking at the Committee for Econ.. Read More

Elixir exposes business management trends


Several key business management trends had been identified among a number of successful financial advice firms, according to Elixir Consulting. The group’s managing director Sue Viskovic said the top five.. Read More

Decimal widens remit to capture new clients


Decimal was looking beyond the role of a traditional financial planning software provider to partner with new advice business models as well as superannuation funds and other enterprises. Decimal Australia and N.. Read More

Confidence boost to small, mid-size M&As


Renewed confidence and greater regulatory clarity have seen mergers and acquisitions accelerate over the first half of 2015 following a long period of inactivity, one industry consultant has said. “We&rsqu.. Read More

Centrepoint brokers, planners join forces


A growing number of Centrepoint Alliance-affiliated mortgage brokers were partnering with financial planning practices within the network, marking a step away from traditional referral relationships, the group’.. Read More

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