Risk advice stalwarts lament Integrity Life exitRisk advice stalwarts lament Integrity Life exitRisk advice stalwarts lament Integrity Life exit

7 September 2023 by Chris Dastoor, Professional Planner

Hampered by a reduced distribution network, challenged insurer Integrity Life will cease writing new policies through its adviser and corporate group insurance channels. The Adviser Ratings ‘2023 Life Insurance Study’ found only 150 risk ...

Integrity Life scraps new life insurance in retail advised channelIntegrity Life scraps new life insurance in retail advised channelIntegrity Life scraps new life insurance in retail advised channel

6 September 2023 by Rhea Nath, Money Management

Integrity Life Australia will no longer be writing new life insurance policies in the retail advised and corporate group insurance channels. The firm, part of Integrity Group, attributed the “difficult decision” to a substantial reduction...

Platforms see strong growth in FY23Platforms see strong growth in FY23Platforms see strong growth in FY23

1 September 2023 by Jasmine Siljic, Money Management

Platforms have reported strong earnings during FY23, with five big names seeing significant growth in funds under administration (FUA) as they carve out ambitious new targets. Earlier this month, both HUB24 and Netwealth were amongst the ...

HUB24 MD on platform growth, flags digital advice productHUB24 MD on platform growth, flags digital advice productHUB24 MD on platform growth, flags digital advice product

24 August 2023 by Laura Dew, Money Management

HUB24 managing director, Andrew Alcock, believes there is a “clear pack of winners” gaining platform market share, as the firm targets $100 billion in platform funds under administration (FUA). Adviser Ratings’ latest quarterly Musical Ch...

‘Richer earlier’: The demographics driving self-managed super‘Richer earlier’: The demographics driving self-managed super‘Richer earlier’: The demographics driving self-managed super

22 August 2023 by Duncan Hughes, Australian Financial Review

About 44 per cent of savers starting an SMSF are aged under 45 years, with about one-third of new members aged between 35 and 45 years, according to the latest analysis by the Australian Taxation Office. At the opposite end of the age spe...

‘Big reluctance’ for advisers to back a single platform‘Big reluctance’ for advisers to back a single platform‘Big reluctance’ for advisers to back a single platform

21 August 2023 by Chris Dastoor, Professional Planner

Advisers will be unwilling to use fewer platforms due to the belief it won’t be in clients’ best interests, according to former Investment Trends researcher and SuitabilityHub founder Recep Peker. While Netwealth and HUB24 have been recom...

Client book no longer a barrier to advice recruitmentClient book no longer a barrier to advice recruitmentClient book no longer a barrier to advice recruitment

17 August 2023 by Laura Dew, Money Management

With the advice industry experiencing a loss of advisers, holding a solid client book is no longer a requirement when it comes to recruitment. There has been a steep decline in the number of financial advisers in recent years but demand ...

Netwealth to relaunch Core amid $67m profitNetwealth to relaunch Core amid $67m profitNetwealth to relaunch Core amid $67m profit

17 August 2023 by Rhea Nath, Money Management

Netwealth has announced record profits of $67.2 million as it looks to secure several important new licensee relationships and new accounts in the year ahead. Netwealth was recently named in the top three platforms based on advisers’ expe...

‘Starting small’: Digital hub aims to grow depleted risk advice sector‘Starting small’: Digital hub aims to grow depleted risk advice sector‘Starting small’: Digital hub aims to grow depleted risk advice sector

17 August 2023 by Chris Dastoor, Professional Planner

Creating a business to service a declining market might seem like a nonsensical business move, but Marc Fabris believes the launch of Risk Hub will help facilitate more access to much-needed risk advice. Data from Adviser Ratings earlier ...

 
 
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