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I have read many articles over the years about servicing High Net Worth (HNW) clients in the financial services industry; however, most businesses that put

Financial literacy is a core life skill that needs to be taught as a compulsory topic in Australian schools. Although not a new idea, the

The Australian financial services sector has reached the precipice and desperately needs a different way of thinking about reform if it is to have a

A year after the Hayne Royal Commission, advice industry commentators continue to debate what the advisory sector will look like going forward. As the debate

Now that we have a new Morrison Federal Government and the implementation of the Hayne Royal Commission (RC) recommendations will be high on the political

Mature age accountants and financial planners are continuing to defer the sale of their practices in the erroneous expectation that their business will attract a higher price amongst a growing pool of prospective buyers.

Whether it be the start of a new financial or calendar year, the issues confronting the financial services industry are all the same and actually increasing and intensifying.

There are solutions to ensure long term business success & profit – but accountants & planners must act now.

Accountants and financial planners seeking to exit the industry continue fail to appreciate the importance of time and its impact on their retirement aspirations and lifetime of endeavour.

It’s imperative for the future well-being of the sector that the Royal Commission review financial services in its entirety i.e. banks, industry funds, super funds, investment managers, industry associations and regulators.

The ramifications of banning grandfathered commission retrospectively and resultant loss of faith and confidence in the financial services industry, institutions and government is a cost far greater than any benefit derived from this action.

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.

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.

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.

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

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,

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

I have observed that both the professional services sectors of the accounting and financial planning industries are facing similar challenges with operational and ownership models

There is a disturbing and growing trend of mature age accountants and financial planners putting their businesses on the market in a last minute hope for a quick sale as the result of personal and financial health issues and then having to accept ‘fire sale’ prices for their lifetime of work and endeavour.