The ifa Show

On this episode of The ifa Show, CEO of the Financial Planning Association (FPA) Dante De Gori provides his take on navigating the current climate as a financial adviser.

Dante joins host Sarah Kendell to reveal what the FPA is doing to support advisers through this uncertain time, whether changes to rules around opt-in arrangements need to be applied, and which bodies should be addressing the issue of CPD obligations on advisers.

Tune in to hear Dante share how COVID-19 has justifiably shifted the government's priorities in regard to passing new bills, the key ways advisers can set up their practice to work remotely, and the issues that will be tackled in the FPA's future of financial advice model, launching later this year.

According to Martin Heffron, executive director of Heffron SMSF Solutions, the root cause of Australia's retirement income system's constant state of complexity and change is that it has no clearly established purpose.

On this episode of The ifa Show, Martin joins host Sarah Kendell to discuss what can be expected from the government's review into the system, the benefits of establishing a clear vision for superannuation and retirement, and the problematic nature of defining "adequate" income for retirement.

Martin also reflects on whether the review will tackle the issue of keeping the family home outside of the income testing procedure, how financial literacy levels affect the challenges faced by retirees, and what he predicts the retirement system could look like in the future.

Daniel Brammall considers the imminently legislated recommendations following the financial services royal commission as an opportunity for advisers to transition their business to true independence.

The president of the Profession of Independent Financial Advisers joins host Sarah Kendell on this episode of The ifa Show. Daniel delves into the Hayne report recommendations expected to come into force on 1 July, the challenges advisers can face in transitioning their business model to fit new legislation, and the Path to Professionalism education program that helps advisers move towards independence.

Daniel also explains the impacts of FASEA regulations on the finance industry, the demand for a uniform code of conduct via professional recognition, and whether it's possible for advisers to eliminate all conflicts in their practice.

In this episode of The ifa Show, host James Mitchell is joined by Kelli Willmer, manager of the practice solutions team at Iress, to discuss the importance of best practice guidance around technology for IFAs.

Kelli explains why businesses need support to maximise the efficiency of their implemented software systems, how Iress tailors software solutions according to individual practice requirements, and how her team fosters strong relationships with clients.

She also talks about the role of technology in increasing industry compliance, the features that advisers should be looking for in modelling tools, and why all businesses should be reviewing their software setups.

Understanding risk is a critical factor in assessing whether an asset is suitable for a client's portfolio and is a core component of Philip Ryan's fund management philosophy.

Philip is the managing director of Trilogy Funds and joins host James Mitchell on this episode of The ifa Show to share how he got started in financial services, what differentiates his business from other players in the property-based funds sector, and why his team chooses to work on "vanilla" projects.

Philip also details the varied cross section of skills within his committee, the due diligence process that goes into each investment, and the importance of mitigating risk through diversification.

In this episode of The ifa Show, CEO of Hamilton Wealth Management, Will Hamilton, joins host James Mitchell to explore the adversities that are currently being experienced in the financial advice sector.

Will suggests how the industry can provide education around the value of financial advisers, why the domestic funds management industry needs to become more competitive, and what more can be done to provide support to advisers in these high-pressure times.

Will also advocates in favour of a hybrid robo-advisory model and the importance of lobbying politicians to make amendments to policy around education requirements.

FInClear's head of equity finance Alev Dover sits down with ifa editor James Mitchell to discuss why the launch of Australia's first HIN-based securities borrowing and lending platform.

In an environment of low rates and slower growth, investors are searching far and wide for returns and a positive yield. Ms Dover explains how wholesale investors can put their money to work by lending out their stocks while still implementing their long strategies.

Equity lending has typically been only possible at investment banks, but now Aussie investors can drive positive returns by allowing others to borrow part of their portfolio.

All of this and much more is revealed in this episode of The ifa Show.

FInClear's head of equity finance Alev Dover sits down with ifa editor James Mitchell to discuss why the launch of Australia's first HIN-based securities borrowing and lending platform.

In an environment of low rates and slower growth, investors are searching far and wide for returns and a positive yield. Ms Dover explains how wholesale investors can put their money to work by lending out their stocks while still implementing their long strategies.

Equity lending has typically been only possible at investment banks, but now Aussie investors can drive positive returns by allowing others to borrow part of their portfolio.

All of this and much more is revealed in this episode of The ifa Show.

In this episode of The ifa Show, FinClear director Tony Lynch discusses the ins and outs of setting up your own practice. From the business planning stages to finding a niche, this episode covers the fears and doubts that all new business owners must go through on the road to success.

Starting a financial services business can be a complicated and confusing process. Advisers need to make important decisions around licensing and platforms, and identify their target market in an industry facing significant challenges and disruption.

All of this and much more is revealed in this episode of The ifa Show.

In this episode of the ifa show, MLC General manager of distribution Geoff Rogers joins host James Mitchell to discuss the changes in the financial advice processes.

Geoff discusses the opportunities MLC sees for financial advice in Australia, his thoughts on how financial advisers will integrate changes on the back of the royal commission and the understanding from clients around the difference between independent vs aligned advice.

He also reveals why advisory firms should be using technology to stay connected, tips for advisers feeling overwhelmed by the changes and the tools to use when planning.