COVID-19 has accelerated a generational shift to digital offerings and this – along with the cost of financial advice – represents the biggest challenge to winning over savvy consumers.
Resilience training is set to become a key part of professional development, equipping advisers with the ability to learn new skills quickly and own their careers.
While highly regarded for its robust funds management industry, Australia must review its tax regime and cut red tape if it wants to attract global fund managers and regional investors.
Determining a client’s risk tolerance is a crucial part of generating a risk profile. But this must be balanced against an acceptable level of risk for a return on their investments.
By 2030 the majority of financial advisers will offer goal-based advice spanning investment, protection, education, retirement and broader wellness, according to an influential report
The COVID-19 pandemic has Australians experiencing a heightened awareness of their health and well-being. This makes it a good time to reassess their insurance needs.