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High net worths trust their advisers

  May 30, 2016 

Latest News

Advisers earn high levels of trust

A new global survey has revealed that those who use financial advisers give them a high level of trust. Read more

FOFA compliance requires more staff

A financial planning group has had to employ additional staff to comply with FOFA but its principal questions whether the benefits justify the costs. Read more

ClearView in capital raising

ClearView has announced a capital raising amid discussion around the exit of its major shareholder. Read more

Turnbull still denying super retrospectivity

Both the Prime Minister, Malcolm Turnbull and his Assistant Treasurer, Kelly O’Dwyer, have denied any retrospectivity in the Budget changes to superannuation. Read more

Tasmanian financial adviser banned permanently

ASIC has permanently banned Tasmanian financial adviser, Kenneth Drake, from providing any financial services following his conviction of two counts of stealing. Read more

Robo-adviser Six Park launches advisory board

Pre-eminent financial experts Brian Watson, Lindsay Tanner and Paul Costello are joining the advisory board of new robo-adviser, Six Park. Read more

More Australians relying on credit for household bills

More than 60 per cent of Australians rely on credit for household bills, pushing credit card debt to $51.7 billion, according to Read more

Pay for what you get

ERI Scientific Beta has changed their traditional fixed fee structure to allow investors to only pay for variable fees if the index has outperformed the reference cap-weighted index. Read more

Former HSBC financial planner permanently banned

ASIC has permanently banned a former HSBC financial planner from financial services for dishonest conduct in relation to millions of dollars of clients’ funds. Read more


Unsettling the political heartland

The Government appears to have upset some rusted-on Liberal voters with its Budget changes to superannuation but it remains to be seen whether it will actually matter on polling day, Mike Taylor writes. Read more

Kicking the super can down the road

The Federal Government has lost sight of the long-run Budget benefit of encouraging retirement incomes self-sufficiency by lowering the concessional super contribution cap. Read more

Expert Analysis

What a typical margin lending client looks like – Margin Lending Roundtable Part 3

Your typical margin lending client may not be who you expect him/her to be, especially when the pursuit of tax breaks is left out of the equation, according to a Money Management roundtable. Read more

Matching leverage to the right clients – Margin Lending Roundtable Part 4

The global financial crisis and the collapse of Storm Financial placed a spotlight on the need for adviser education and the reality that leverage is not appropriate for everyone, according to a Money Management roundtable. Read more

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