Perspectives - Autumn 2019

Sustainable advice businesses built around managed accounts

It’s been a month since the Royal Commission handed down its final report and thousands of words have been written on the potential impact of those recommendations on the conduct of advice.

Managed accounts significantly improve financial advice services

Managed accounts are driving better client engagement and improving the delivery of financial advice, according to the findings in a whitepaper released by Colonial First State. In releasing

Aussie investors bearish for 2019

Australian retail investors ended 2018 with a bearish market outlook. As at December 2018, investors on average expect the All Ordinaries Index to grow by +0.3 per cent over the course of the next 12 months, excluding dividends.

BT expands managed accounts offering

BT has launched six active diversifi ed managed portfolios, which are available on BT Panorama Open and Compact menus as part of its CoreSeries portfolios.

SMAs on Macquarie Wrap top $2 billion

Separately managed accounts (SMAs) on the Macquarie Wrap platform have surpassed $2 billion in funds under administration, according to Macquarie Wealth Management’s Head

What do markets hold in 2019?

With risk aversion spiking in Q4 of 2018 and global markets closing out the year in negative territory, volatility is again increasing, presenting planners and their clients with potentially more investment risks than they have experienced over the past few years.

Royal Commission offers blueprint for reform

Perspectives provides a round-up of the key recommendations in the Final Report of the Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry. This analysis concentrates specifically on the impact the recommendations will have on the financial advice sector in relation to managed accounts.

Moving to the mainstream

With modern technology, high quality governance and well-structured investment models, managed accounts could fast become the default option for high quality advice practices around Australia, says Thomas Bignill.

Closing in on data standards

Robert Corben provides the latest update on the IMAP Data Standards Group, including the work being done on performance standards.

Regulatory Group in key discussions

The Chair of the IMAP regulatory Group, Adam Seccombe, provides a review of the work done by the group and looks ahead at the work to be completed.

Investment Group seeking better client outcomes

The Chair of the IMAP Investment Group, Paul Saliba, outlines the objectives of the IMAP Investment Group.

Onwards and upwards

For Kelly Power, the last 18 months have been a challenging time for the industry, but now that the Royal Commission’s report is out, it’s time to move forward.

The Kodak moment for fintech

Whether it’s fintech or techfin, both sectors place severe pressure on traditional businesses in the financial services industry. Ignore them at your peril, writes Gihan Perera.

Market risks: the unknown unknowns

Despite most expectations, 2018 proved to be a very disappointing and jarring year for investors. Not only did volatility return in abundance, particularly in the first and last quarters of the year, but almost all asset markets ended the year in negative territory.

Marketing a new program

When implementing a new managed account program, there are a number of steps required to e ectively communicate and market this program to planners and clients, writes Toby Potter.

Get off the fence

The Australian economy has been travelling along reasonably well over the past year or so, with inflation contained and the unemployment rate easing to what has been considered the ‘full employment’ rate of 5.0 per cent.

So, what’s been supporting the economy? It’s been growth across several fronts.

Contact us

 

Phone
0414 443 236