There’s some hype, but also some great opportunity in embracing the emerging robo-advice trend. Just be sure to have your own business’ strategies in place as this trend takes hold, writes Rod Bristow.
Social licence is a bit like the equity you have in your brand. It’s hard to define, but you know when it’s gone.
The key challenge of business growth often becomes one of resourcing. If you have identified a resource to tackle lending and the time or the desire to learn lending skills, the most commonly asked question is: “What do we need to do next?”
FOFA, the real F-word. I’m not going to sugar coat it. This legislation contains several onerous obligations for advisers that do not seem to be designed to protect consumers. Based on the current business models of most advisers, there will be a lot of additional compliance work to do. It will be expensive and uncomfortable. Okay, I sugar coated it a little.
While the focus for a large number of accountants at the moment is ensuring they have a solution for the removal of the accountants’ exemption, it is also important that they think about how they will meet their professional obligations when providing financial advice.
Education is a wonderful thing. Many of us strive to attain higher education to improve ourselves, raise our prospects in life, help others or pursue an important cause.
No question about it—aged care is complex. It can be a minefield for prospective residents and their families to navigate.
Rather than getting simpler, as of 1 July 2014, a bunch of new reforms will be introduced. Here are three guiding principles to help you navigate the changes.
Many professionals recognise the growing opportunity that the self-managed super fund sector presents for their business. While many have flourished, an equal number (or more) struggle with the growing number of challenges.
The advent of FOFA now provides a public reference point to use when explaining to clients (and potential clients) how you’re one of the few who actually want to put their interests first and act as a true fiduciary.
With ASIC reviewing the current requirements for MDAs, many licensees are adopting a ‘wait and see’ approach, writes Matt Heine, Executive Director, netwealth.
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