Dover’s demise – consumers & advisers abandoned
As the fallout and ramifications of Dover Financial Advisers (Dover) demise continue to reverberate following the group’s decision to hand back its AFSL and it has exposed the immense flaws in the Australian licensing regime.
It’s time to ask where is the financial services industry and planning profession going
As the federal government, Royal Commission and FASEA continue to reshape the industry and fuel many predictions and much speculation, it’s imperative to take time out to seriously consider the future as the ramifications are so immense.
Picking Superannuation Winners is A ‘Political’ Solution
The recently released Productivity Commission review of the Australian superannuation industry was written to address political issues with a total disregard for the best interest of members in superannuation funds.
Future of advice is in peril – it can only be assured by understanding past failings
I have produced the following commentary out of genuine concern for the future of the financial services advisory sector. At present, the outlook for advice sector is dark and uncertain. However, there is still time to reverse the failings of the past and ensure a viable future for advisers with the consumer the ultimate beneficiary […]
Malaysia & SE Asia could provide workable life solutions for retirees impacted by new Assets Test
Retirees could find a comfortable retirement in moving to South East Asia if they are affected by the Age Pension assets test on 1 January, 2017, a financial services executive believes. Paul Tynan December 14, 2016 www.connectfsb.com.au Connect Financial Services Brokers chief executive, Paul Tynan, said if a solution to the assets test did not […]
Institutional financial planning business model is dead – what about the future?
Banks and other financial institutions have lacked the hands-on advice experience necessary to make wealth management work for them, according to Connect Financial Services Brokers chief executive, Paul Tynan. Paul Tynan December 8, 2016 www.connectfsb.com.au Pointing to the number of institutions seeking to exit some of their ownership of financial planning in Australia, Tynan said […]