A landmark report has uncovered a frightening lack of understanding about a financial enduring power of attorney, with financial advisers surprisingly under-represented.
The Inside Network is launching a new publication aimed at keeping retirement-age Australians informed about investing, with a host of content designed to help them live their best life.
Sick of being locked out of large scale private equity investments, the group put together their own project in 2013. Forty projects and some outsized returns later, they’ve only recorded one that didn’t reach its targeted internal rate of return.
After witnessing the evolution of the US advice market, David Leon knew his Australian clients would want product and advice to be separate. It’s why the Adelaide adviser was so surprised the Hayne Royal Commission took so long to come about.
The concept of a ‘qualified adviser’ with less qualifications provoked an industry backlash. While the government has signalled it is open to discussion, the problem remains – how to open up advice to more consumers at a viable cost?
Financial stewards need to cast a broader eye over the stance companies take on social issues like The Voice and the Israel/Palestine conflict. Community attitudes can vary widely, and public opprobrium can swing share prices dramatically.
The decision to build an academy for advisers wasn’t taken lightly, says Link Wealth founder Steve Sloane. But the strategy is paying dividends, with some of the best young advice talent in the country coming through its ranks.
The importance of Australia’s economic relationship with China cannot be overstated, but with the Red Dragon’s economy faltering and our historically close bonds strained, investors need to tread a careful path.
Events like the Israel-Palestine and Russia-Ukraine conflicts may shock the world, and they may even influence markets. But history tells us geopolitical risks are always present, mostly factored in, and should never predicate panic selling.
It’s up to incoming Qantas CEO Vanessa Hudson to restore the Spirit of Australia’s battered reputation after a series of high-profile trust breaches. But getting the Flying Kangaroo back on top will take some guts from the board.
