This correction could turn out to be the opportunity of a lifetime or a nasty sharemarket bear trap, and the difference can boil down to knowing what you don’t know.
“What do clients want?” It’s the question that advice businesses ask themselves. For a long time the financial services industry has been widespread with providers engaging with a client individually for all facets of their lives. Mortgage brokers, financial advisers, accountants, bookkeepers and banks to name a few have historically had one on one relationships […]
With the policies outlined in the Super reform now in full swing, it’s fair to say that the advice needs for clients have increased, but the type of strategies they require have also changed. Liz Westover from PWC discussed this topic in depth at the recent SMSF Association conference where it was reiterated that for […]
A core competency of most advisers and accountants in the financial services sector has traditionally revolved around their technical competency. Whilst this is still clearly a required skillset, I believe that most prospective employers simply assume a minimum level of technical competency and are increasingly looking for a broader set of skills. The difficulty […]
SMSFs can invest in Bitcoin and other cryptocurrency investments including Ethereum, IOTA, Ripple, Dash, Litecoin, Monero and Cardano. The recent surge in the price of Bitcoin has many investors seriously looking at crypto-currency as a part of their SMSF investment portfolio. So, can an SMSF invest in Bitcoin and crypto-currency, and if so, what must […]
In an age of ever changing regulatory and compliance environment, and increasing pressure to deliver quality financial product advice to clients, Managed Accounts have become increasingly popular. According to findings from the recent Netwealth AdviceTech Report indicated that 35% of advisers already using them today, with 57% of advisers planning to adopt a managed […]
Technology is quickly shaping the SMSF industry and is impacting all involved. Now, let’s not get caught up in all the hype around ‘Artificial Intelligence’ and ‘machines taking over jobs’ and really focus on the shift that is happening as we speak. Technology and data advancements are driving operational efficiencies and increasing the sophistication […]
Australians are uneasy with their personal financial information being sent offshore by accountants and advisers, according to a survey we conducted. Data indicates overall adverse attitudes towards sensitive personal and financial information being accessed by unknown entities overseas, particularly when it comes to privacy and security. Key findings from the survey revealed that respondents […]