AMP deal shows the real value is in advice, not licensingAMP deal shows the real value is in advice, not licensingAMP deal shows the real value is in advice, not licensing

8 August 2024 by Chris Dastoor, Professional Planner

AMP’s deal with Entireti adds further proof that it is better to be in the business of advice than licensing. As part of its half-year results announcement to the ASX on Thursday morning, AMP unveiled a strategic partnership with Entireti ...

What it will take to bring advisers back to lifeWhat it will take to bring advisers back to lifeWhat it will take to bring advisers back to life

5 August 2024 by Beata Kuczynska, Professional Planner

Cast your mind back to 2017. The life insurance space was flourishing. The average Australian had relatively easy access to a financial adviser who could provide affordable advice. Not anymore.

Advisers shed clients but maintain profitability with rising feesAdvisers shed clients but maintain profitability with rising feesAdvisers shed clients but maintain profitability with rising fees

30 July 2024 by Chris Dastoor, Professional Planner

Professional Planner: Fee hikes have created more “manageable” books, with the average number of clients per adviser now under three figures. The findings come as recent data from Adviser Ratings and Iress also show the best practices in t...

Consumers locked out of financial advice as fees keep risingConsumers locked out of financial advice as fees keep risingConsumers locked out of financial advice as fees keep rising

24 July 2024 by John Collett, Sydney Morning Herald

An increasing number of people seeking financial advice to help them navigate complex rules and regulations, particularly around retirement planning, are being locked out of advice as financial adviser fees continue to climb. Figures from ...

Advice industry remains stable: ReportAdvice industry remains stable: ReportAdvice industry remains stable: Report

24 July 2024 by Shy-ann Arkinstall, ifa

A new quarterly report by Adviser Ratings reveals the advice profession remains relatively stable despite the continued outflow of advisers. According to Adviser Ratings’ 2024 Q2 Database Report, the number of advisers dropped in July last...

Not rich enough! Why my financial adviser dumped meNot rich enough! Why my financial adviser dumped meNot rich enough! Why my financial adviser dumped me

17 July 2024 by Penny Wise, AFR

"Dear Ms Wise, I inherited some money from an elderly relative about 10 years ago. I found a financial adviser through a personal recommendation – Fast-forward several years, he gets made a partner with one of the fancy firms and sacks me ...

Jumping on board or holding out: How are advisers using AI?Jumping on board or holding out: How are advisers using AI?Jumping on board or holding out: How are advisers using AI?

9 July 2024 by Shy-ann Arkinstall, ifa

Adviser Ratings’ recent 2024 Advice Landscape report has revealed how advisers are using AI technology in their businesses to boost efficiency and productivity.

Say hi to AI: Outsourcing inevitable as support staff shrinkage continuesSay hi to AI: Outsourcing inevitable as support staff shrinkage continuesSay hi to AI: Outsourcing inevitable as support staff shrinkage continues

9 July 2024 by Beata Kuczynska, Professional Planner

Over the past two years, more businesses are adding fewer support staff to their payroll. Instead, they are turning to technology-based solutions, such as AI, for better efficiency and lower cost support. This trajectory is according to th...

Why efficiency is key in a changing adviser landscapeWhy efficiency is key in a changing adviser landscapeWhy efficiency is key in a changing adviser landscape

8 July by Financial Newswire

According to Intelliflo, newly released insights highlight the importance of advice practices adopting technology and becoming more efficient, especially as the market changes. It’s a view we’ve held for a long time, and it’s now been echo...

 
 
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