When will I ever learn?

When will I ever learn?

When will I ever learn? An apt musical reference, courtesy of Van Morrison, for the advice profession and all AFSL holders, as news regarding the closure of the Dover AFSL sinks in and up to 400 authorised representatives find themselves in need of licensing within 30...
The latest nail in the coffin of affordable advice

The latest nail in the coffin of affordable advice

Ever get fed up with all the bad news emanating from regulations in the advice sector? Maybe the private sector should stand up and just reject all the idealism that’s killing affordable advice and making millions for the legal fraternity. It might make more sense to...
No one wins from this Royal Commission

No one wins from this Royal Commission

The public garrotting of the banks and the AMP at the Financial Services Royal Commission should bring little joy to anyone with a sense of interest in public trust within the financial planning profession. No one is winning, least of all the good advisers that are...
No one in their right mind would launch dealership today

No one in their right mind would launch dealership today

The rubber has hit the road with licensing this year and it will do nothing but get harder in times ahead. The fragility of licensing will be increasingly tested if the market is forced to disengage the vertically integrated model because the reality is pure advice...
How ETFs turned the old passive/active debate on its head

How ETFs turned the old passive/active debate on its head

The world of ETFs continues to evolve and appears to be gradually drifting towards what the early listed index funds opposed at their inception: the world of active funds management. What is this trend all about? What an increasingly obscure partner an ETF is in the...
Dear ASIC: cut some slack in the mass-advice market

Dear ASIC: cut some slack in the mass-advice market

Another interesting week in politics has passed with the departing Nationals leader making most of the headlines. But for those involved with financial services, there’s still all the background noise from a royal commission and the role of the regulator with...