Advice

New standards costing advisers time and money, but the public is onboard

New standards costing advisers time and money, but the public is onboard

The introduction of new education, professional and ethical standards for financial advisers has proven to be both costly and disruptive for financial advices and advice businesses. But new research by […]

by August 31, 2020 2 comments Advice, Advisers
How to recognise the new face of financial hardship

How to recognise the new face of financial hardship

Almost three quarters of Australians now experiencing financial vulnerability or hardship were able to pay their bills with money to spare before the COVID-19 pandemic struck. CoreData’s latest COVID-19 Pulse […]

by August 18, 2020 0 comments Advice, Advisers, Research
How the wealthy invest differently at times of high uncertainty

How the wealthy invest differently at times of high uncertainty

If you were told in January what equity markets would be like in March, you probably wouldn’t have believed it. If you were told in March that a strong equity […]

by August 10, 2020 0 comments Advice, Research
Devil in the detail when assessing severity of Australia’s economic crisis

Devil in the detail when assessing severity of Australia’s economic crisis

Australians were finally provided some clarity as to the precarious positioning of the local economy, with Treasury modelling the grim near-term outlook in its July Economic and Fiscal Update (JEFO). The […]

by August 10, 2020 0 comments Advice, Research
Delivering an exceptional advice experience in a COVID-19 world

Delivering an exceptional advice experience in a COVID-19 world

Our world during the COVID-19 pandemic is full of uncertainty, the situation rapidly changing and developing. We saw early signs of recovery in Australia as restrictions began easing in July; […]

by July 27, 2020 0 comments Advice, Advisers, Technology
Pandemic reveals the essential work of financial advisers

Pandemic reveals the essential work of financial advisers

We’ve heard a lot during the global pandemic about our frontline health workers, and the essential role they’ve played in keeping us safe. Our health has been the primary focus […]

by July 27, 2020 0 comments Advice, Advisers, Industry
Why home ownership is the fourth pillar of retirement income policy

Why home ownership is the fourth pillar of retirement income policy

There are three pillars to Australia’s retirement income policy: the age pension, compulsory super, and voluntary retirement savings.   The current review is also considering home ownership as an important part […]

Financial advice and the death of trust

Financial advice and the death of trust

Here’s the problem with creating trust benchmarks for financial planning: It’s tricky. It’s tricky because trust is a complex psychological construct; it’s tricky because trust is uniquely personal; and it’s […]

by July 13, 2020 0 comments Advice, Advisers, Research
Why improving financial literacy could open the door to advice

Why improving financial literacy could open the door to advice

CoreData’s research over the past two decades has consistently found that at any point in time, only around one in four Australians are receiving financial advice.  This is a relatively […]

by June 30, 2020 0 comments Advice, Advisers