Investors are pulling their super from Cbus as advisers turn against the industry fund
27 November 2024 by James Kirby, The Australian
The Cbus-led string of scandals at industry super funds is starting to hurt where it matters. Investors are switching money out as the self-managed super funds sector rebounds. New data from the Adviser Ratings group, which monitors invest...
Negative media coverage leads to Cbus outflows
25 November 2024 by Beata Kuczynska, Professional Planner
Data from ProductRex, which is owned by Adviser Ratings, found that Cbus had $22 million of net outflows, just behind $24.5 million for AustralianSuper, between 12 and 19 November.
Thriving in the ‘brave new world of advice’
5 November 2024 by Jasmine Siljic, Money Management
Adviser Ratings has pinpointed five key trends characterising the future of the Australian financial advice profession. The research house’s quarterly Musical Chairs Report for Q3 2024 explored several themes that are currently emerging in...
Cracking the code to scaled advice delivery
24 October 2024 by Jasmine Siljic, Money Management
Strategic technology integration and clearly defined advice propositions are two critical elements for building a successfully scaled advice model, according to Adviser Ratings.
Advisers warned on outsourcing investment decisions to AI
21 Oct 2024 by Laura Dew, Money Management
Under new guidance, financial advisers who opt to use artificial intelligence (AI) to provide advice must be able to demonstrate to clients how they reached their decisions and why that option was taken.
The FASEA lessons for future privacy reforms
15 Oct 2024 by Laura Dew, Money Management
The advice industry’s experience with the disbanded Financial Adviser Standards and Ethics Authority (FASEA) regime should be a harbinger for any possible enhanced responsibilities for the Office of the Australian Information Commissioner ...
Tweak regulation to make advice profession more family friendly
09 Oct 2024 by Malavika Santhebennur, ifa
The FAAA CEO has called for regulation that increases flexibility for advisers who want to take career breaks to raise a family or recover from illnesses.
Risk advice under pressure: Working together for positive change
23 September 2024 by Marc Fabris, Independent Financial Adviser
Adviser Ratings reported that in 2023, just 480 advisers were responsible for writing half of all new business, highlighting a stark concentration of expertise.
Adviser gap contributes to Aussies’ limited life insurance knowledge
18 September 2024 by Shy-ann Arkinstall, Independent Financial Adviser
New data has revealed a sharp decline in new life insurance policies issued, plummeting from 103,000 in 2018 to just 44,000 in 2023, sparking calls for a rethink of how financial advisers could help enhance product penetration and customer...