Paraplanning

New research from Natixis Investment Managers, reported in Financial Standard, has put a sharper point on something the advice industry has been circling for several years. The great wealth transfer is underway, and adviser retention through that transition is far from guaranteed. The numbers are confronting. Sixty-five per cent of investors do not plan to…

A recent report in IFA confirmed what many advisers are already seeing in client meetings: multigenerational living is becoming mainstream in Australia, driven by housing affordability pressures and a generational rethink of what financial security actually looks like. The headline figure is striking. Fifty-five per cent of Australians surveyed by AMP are open to shared generational…

The pressure on Australian financial advice practices to do more with less has never been greater. Compliance costs are rising. Client expectations are shifting. The adviser population continues to shrink. And the long-promised regulatory reforms that might ease some of that pressure keep getting pushed down the road. So it is understandable that both consumers…

Russell Investments has released research worth reading. The findings, covered in this recent piece on IFA, make a compelling case that the value of financial advice compounds over time. Long-term clients report higher satisfaction, deeper trust, and greater financial confidence than those who engage an adviser only for a specific event. Baby Boomers with the…

Aaron Minney’s recent analysis for Challenger paints a compelling picture of a retirement system under pressure. More than 250,000 Australians will retire in the next year alone. A further 2.5 million will follow over the next decade. Behind them, the aged care system is already straining under demand, and $5.4 trillion in intergenerational wealth is…