February
Do I need a financial planner and how do I find the right one for me?
Financial advice isn’t cheap, so if you’re going to get some help with your money, here’s how to make sure it pays off.
Where were the gatekeepers in the $480m Shield Master Fund collapse?
The 5800 investors caught up in the failed scheme would surely wonder why alarms didn’t go off. Tony Boyd sifts through the entrails to find out what happened.
This CEO was made redundant at 49. Now he runs a $3b company
When Scott Hartley was let go from NAB in his late 40s it came as a shock. But he used the experience to forge a different career path.
January
Financial planners panic over $50m compensation blowout
A blowout in the cost of compensating victims of financial misconduct threatens the viability of the industry funded scheme, advisers say.
Six easy steps to retirement readiness (and one hard one)
There are no courses on how to plan for retirement, so we have done some of the work for you.
December 2024
Labor unveils plan for army of advisers to help Baby Boomers
Labor will attempt to re-write financial advice laws to relax the regulatory requirements that have made advice prohibitively expensive for many.
Nine private wealth advisers defect from Perpetual
Street Talk understands nine advisers resigned from the 138-year-old investment group on Friday.
November 2024
Michelle Levy backs big super, Labor in financial advice fee fight
The Quality of Advice Review chairwoman has backed big super funds and Labor’s bid to allow funds to share the cost of financial advice across their membership bases.
PM’s financial advice reforms at risk of collapse
The government’s efforts to get a deal on giving more Australians access to good financial advice without paying thousands of dollars have stalled after an impasse on funding.
CBA exit hands $5b in assets to LGT Crestone
As first reported by Street Talk, CBA sold the Commonwealth Private business and its $5 billion in funds under management to LGT on Monday.
A family road trip upended my thinking about how we advise retirees
Spending 130 hours in the car with my wife and daughters made me realise how easily we lose sight of what truly matters.
August 2024
Insignia shares sink after ‘disappointing’ dividend pause
Delivering his first full-year results as CEO, Scott Hartley said the dividend freeze was needed to strengthen the balance sheet amid remediation costs.
AMP cuts financial advice deal, stemming losses
The company will partially sell that business via transactions totalling $92.4 million, while the stock lifted 13 per cent after interim profit beat consensus.
July 2024
‘I’m a financial adviser but pay somebody else to manage my money’
Thriving Wealth founder John Cachia had three good reasons to outsource his financial affairs.
June 2024
Doug Tynan’s GCQ doubles down on distribution with new hire
The $800 million equity shop has tapped a Franklin Templeton sales director to spearhead its distribution efforts in Victoria, Tasmania and Western Australia.
The ghost of Dixon Advisory haunts planning industry
Financial planners are up in arms about being forced to pay out tens of millions of dollars in compensation to victims of the conflict-riddled wealth management firm.
May 2024
Investors to be stung by $250m in new advice fees
A tax office ruling will see investors pay 7.5 per cent more for advice obtained from super funds and platforms, despite government moves to cut advice costs.
The future of financial advice is digital – and human
AI-powered apps are touted as a big part of the solution to providing affordable financial advice en masse, but winning people’s trust is a key challenge.
Super funds spend big ahead of advice reforms
As the legislation enabling them to give more financial advice languishes in Canberra, funds are moving ahead with plans to implement it anyway.
Why I’ve got more in my super than when I retired 11 years ago
Choosing the right financial adviser can help set strategies, achieve goals and protect wealth. Here’s how to find the right one – and how much you should pay.