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Safe Hands?

The government’s decision to boost the superannuation guarantee to 12% has been lauded a big win for Australians by the financial services industry’s key associations.

The fact that it went against the recommendations of Ken Henry’s Tax Review, and that it…

May 5th, 2010 1 Comment »
Smoke and Miracles

At burningpants we don’t usually comment about the Federal Government because we think that everyone else who does so is involved in an ideological spitting competition, where they make increasingly outrageous statements to back up their point of view.

But, unfortunately,…

May 5th, 2010 Add a Comment »
Takeover Time?

The St George and Bankwest residential lending levels have been outstanding since the respective Westpac Bank and Commonwealth Bank takeovers, raising the question: should the big four be able to consume more Tier 2 banks?

The Bankwest mortgage book jumped 23.7%, or…

May 5th, 2010 Add a Comment »
Local Produce

Many people working in financial services often forget that financial advisers work within communities and regions and not in isolation or in an economic bubble.

If local communities and economies don’t thrive then more than likely financial advisory businesses will also…

May 5th, 2010 1 Comment »
Hang Tight

As the UK’s general election campaign reaches its final stages, the outcome is still up in the air.

burningpants attended a fund manager’s briefing on the election last week and one clear message was that recent polling is pointing to a…

May 5th, 2010 Add a Comment »
Going Solo

Almost one third of financial advisers are considering switching licensee within the next five years, with one quarter of those with itchy feet leaning towards setting up their own AFSL.

CoreData’s annual Licensee study has revealed that while the prospect of…

April 21st, 2010 Add a Comment »
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