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29 June, 2021 |
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Latest News |
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Money Management Original | FASEA extension may only help a few hundred advisers | Under 1,800 advisers have failed the exam and a quarter of those have failed twice or more, and an industry extension to September would have helped practices that had not finalised succession planning. |
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Industry News | 50% of Aussies to be self-funded in retirement by 2050 | More Australians retirees having higher super balances and the decline in the proportion of retirees reliant on the Age Pension will mean retirees will rely on super for health and aged care expenditure. |
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Industry News | Profitability hit forecast for asset managers | The profitability of asset managers is likely to see a “dramatic” change in the next five years, according to EY, as inflows are forecast to fall to around 2% per annum. |
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Industry News | Advisers flock to ETFs | The number of advisers who use exchange traded funds has more than doubled over the last decade, according to BetaShares and Investment Trends. |
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Industry News | Equity risk if inflation passes 4% | A rising inflation environment could benefit value stocks in the near term but, if inflation passes 4%, then it could start to ‘choke’ equities, according to T. Rowe Price. |
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Industry News | ASIC cancels BBY’s licence | The Australian Securities and Investments Commission has cancelled the Australian financial services licence of BBY Limited, effective 24 June, following the earlier suspension. |
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Expert Analysis |
Money Management Original | Supporting FASEA candidates | Phil Anderson writes how advisers can be supported in the in the run up to the FASEA exam deadline as this can be a stressful period for those yet to pass. |
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Money Management Original | Planning for the end | When running an advice practice, writes Craig West, it is prudent to think about how to exit it in the best possible way from the beginning. |
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Money Management Original | Challenging the traditional platform role | Platform providers need to consider how they can best work together with advice practices to help them run smarter businesses, Edwina Maloney writes. |
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