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Savvy market moves pitch Complii as 'new asset class' in financial services for 2024

The moves made by Complii across 2023 should position the firm well for a rebound in advice industry numbers, which is entirely foreseeable given the proposals...

Explaining advice not enough, consumers need to be convinced: CFS

While financial advisers remain at the heart of the issue, the role of convincing consumers about the value of advice is shared with government and the...

Jones' advice dilemma: How to foster Holden advice provision in a Rolls Royce industry

The concept of a 'qualified adviser' with less qualifications provoked an industry backlash. While the government has signalled it is open to discussion, the...

Global regulators chart ESG path for companies to follow in 2024

In 2023 governments came to a general awareness that to achieve net-zero, robust and consistent ESG policy frameworks must be put in place. In 2024, we should...

"A lot is at stake": Thousands of advisers risk deregistration in February

As advisers trickle back into the office after summer holidays, many will be confronted with the an urgent regulatory requirement that, if ignored, could see...

Financial complaints soar, but advice no longer the driver: AFCA

The number of cases being escalated to the complaints authority is soaring, but as we approach the 5-year anniversary of the Hayne Royal Commission it's clear...

Keep the regulatory change transition simple to avoid adviser fatigue

Regulatory change for advisers has, regrettably, become more of a constant than the exception. But with the minister's QAR reforms laid before us, a...

Remuneration and regulation: The biggest advice and investment stories of 2023

Adviser remuneration was a clear thematic this year, with the top two stories focusing on salary levels. Practice management and regulation, once again, played...

Integration and ‘platform approach’ will guide compliance into new age: MIntegrity

While technology’s role in compliance is becoming more prominent, advisers and brokers are still looking for clarity on what vehicles will carry that...

OpenInvest finds its buyer

The proprietary technology provider will use a capital injection from an existing investor to take advantage of regulatory tailwinds set to push the wealth...

Innovation in practice: Thematic investing and managed accounts

To provide a value proposition that stands apart, wealth management practices must be adaptive and consider the range of investment products available. Two...

'Their mood will change': Lawyer warns against licensees signing sophisticated investor test

Cowell Clarke lawyer Richard Hopkin said there are reasonable grounds for licensees to certify clients as wholesale, but the practice invites a much higher...

Instos to re-enter advice, SOAs scrapped in landmark reform package

The government will now follow through on Levy's proposal to bring licensed financial institutions back into the advice fold, while also agreeing to...

Advice compliance measures need to add up: Mintegrity

Advisers should take a proactive approach to compliance, which can enhance the reputation of their firm and reduce the risk of regulatory enforcement action...