Welcome back to our Weekly Digest. Read on for the latest updates and some ideas to help us all move forward. Antony Albanese becomes Australia’s PM First Labor PM in nearly a decade vows to bring Australians together, and “promote unity and optimism, not fear and division.” ASX sinks again after Wall Street “bloodbath” The […]
Archives for May 2022
The growing case for green and ethical superannuation
Understanding how and where your super is invested has become an increasingly pivotal concern for Australian super holders. But what does the increased interest in environmentally conscious and ethically sound superannuation mean for Australian business owners? We share what we know… What is ethical super? Great question. As the concept of ethical super is relatively […]
The growing case for green and ethical superannuation
Understanding how and where your super is invested has become an increasingly pivotal concern for Australian super holders. But what does the increased interest in environmentally conscious and ethically sound superannuation mean for Australian business owners? We share what we know… What is ethical super? Great question. As the concept of ethical super is relatively […]
What does the Labor election win mean for your small business?
Well, there we have it folks, the nation spoke on Saturday and it spoke in a clear and resonant voice. We not only saw a convincing Labor win, with the party forming a majority government, we also saw a sizeable shift away from traditionally held Liberal seats toward both ‘teal’ independents and the Greens. For […]
Brooks Macdonald to acquire £250m Midlands IFA
Wealth manager and Financial Planner Brooks Macdonald is to acquire Nuneaton-based Integrity Wealth (Holdings) Limited – which has £250m in funds under management – for an undisclosed sum. The deal, subject to regulatory approval, will see Brooks acquire Integrity Wealth (Holdings) Limited together with its IFA subsidiary, Integrity Wealth Solutions Limited. Integrity Wealth Solutions has around […]
FCA chair: Pension Freedoms caused problems
Outgoing FCA chair Charles Randell – in one of his last major speeches before he stands down – has said that in hindsight “more could have been done” to protect people from the negative impacts of the Pension Freedoms which were introduced in 2015. The freedoms, introduced by then Chancellor George Osborne, have been both […]
The 3 Domains Of Financial Advisor Value: Why Human Advisors Continue To Thrive Amid Competition From Robos
The arrival of robo-advisors into the financial technology landscape more than a decade ago led many to believe that the combination of (relatively) low fees and digital presence offered by robos would entice many consumers to eschew human advisors and turn to these automated tools. However, since the introduction of robo-advisor technology, client behavior has […]
Big news: Reckon sells accounting division for $100 million
Following a massive development this week, Reckon can proudly announce that its Accountants Group has been sold to The Access Group, in a $100 million deal. The Accounting division of Reckon provides products such as APS practice management software and Reckon Elite. Reckon remains as a stronger company and as a result of the deal […]
Weekend Reading For Financial Planners (May 21-22)
Enjoy the current installment of “Weekend Reading For Financial Planners” – this week’s edition kicks off with the news that a court ruling has called into question the Securities and Exchange Commission’s use of its own judges for adjudicating enforcement actions. The court order could pave the way for those advisers ever accused of violating […]
Editor’s Comment: A tighter FCA ship?
One of the biggest problems with UK financial regulation is that it is reactive, not proactive. The watchdogs wait for a ‘crime’ to take place before moving in. That’s always been the way. Despite what consumers may think there is no financial supremo checking financial products before they are unleashed on the public, no financial […]