Professional Planner | Inspiring Advice
2 days ago · The Coalition’s bill to replace Statements of Advice will give crucial red tape relief the advice community has begged the government the last few years for, bill co-author Bert van Manen tells Professional Planner. While the opposition’s legislation attempts to seize on the slow advice reform process, the government is still backing in its ...
New class of adviser risks new era of vertical integration
1 day ago · Recent proposals stemming from Michelle Levy’s Quality of Advice Review have ignited a fierce debate within the advice profession. At the heart of the controversy is the concept of creating a new class of adviser (NCA) who, under the proposed model, would provide personal advice without the rigorous qualifications and standards that currently ...
RITC back on the agenda via adviser petition - Professional Planner
2 days ago · An adviser-led petition to reinstate the previous Australian Taxation Office interpretation of Reduced Input Tax Credits on advice fees has received backing from the Coalition ahead of an impending federal election. The RITC allowed funds or platforms to claim a rebate from the GST applied to financial advice fees from 2.5 per cent to 10 per cent.
Pluralsight loss ‘humbling’, says AustralianSuper
1 day ago · Mega fund AustralianSuper said it is still feeling the pain from its very public loss in US software company Pluralsight, and even with $341 billion of assets under management, a $1.1 billion write-down is still too big a chunk of money to let go easily. But at the Fiduciary Investors Symposium, the fund’s senior private equity portfolio manager Robert Schnittger, said …
Events Calendar - Professional Planner
Nov 14, 2024 · Licensee Summit. The annual Licensee Summit is recognised as the key event for the leaders of financial planning dealer groups and licensees to meet and engage with peers and colleagues to discuss the issues that underpin great businesses and the delivery of great advice. Email to register now. Learn More. 1 - 2 December, 2025.
The 500k gap between the best and the average
Research by Iress has identified a $550,000 profit margin gap between the “average” and the “best” advice practices. The Advice 2030: The Big Shift report, published in collaboration with Deloitte, found “high performing” businesses have a 15 percentage point higher profit margin than the “average” practice, which equates to $549,646 more annual profit.
Building an attractive industry for the next generation of advisers
Jul 24, 2023 · The Professional Year obligation for new advisers, which involves 1600 hours of work activities and 100 hours of structured training, is part of broader education measures introduced in recent years designed to eliminate poor advice and improve professionalism. Hundreds of advisers have completed their PY since new education standards were ...
About Us - Professional Planner
Professional Planner is the leading publication for financial planners who are committed to raising the industry’s standards of behaviour and competence while striving to achieve professional status. As the industry moves towards adopting professional standards, spearheaded by the Financial Adviser Standards and Ethics Authority, Professional ...
'Advisers are ready for this': Time to focus on the retirement ...
Mar 2, 2021 · And while Australia’s superannuation industry has embraced the accumulation phase, Clifford said there is a need for advisers to begin specialising in retirement itself. “The vast majority of financial advisers seem ready to get back to business after two years of just surviving,” Clifford said. Focus on retirement.
Licensee Owners List 2021: Licensees in motion - Professional Planner
Financial Adviser Licensee Owners List 2020. Professional Planner is the leading voice for financial planners where they can learn about industry standards, get news, information, debate and develop new ideas. We acknowledge the Traditional Custodians of this land upon which Conexus Financial sits, the Cadigal of the Eora Nation.