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...
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.
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...
Strategic technology integration and clearly defined advice propositions are two critical elements for building a successfully scaled advice model, according to Adviser Ratings.
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 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 ...
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.
Adviser Ratings reported that in 2023, just 480 advisers were responsible for writing half of all new business, highlighting a stark concentration of expertise.
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...