News : Practice Management

Business News, Practice Management

Communications revamp to impact sector significantly

February 4, 2021

Darin Tyson-Chan

Imminent changes to accepted communications techniques are likely to have a significant impact on SMSFs.

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Accounting, Practice Management

COVID-19 highlights vital offshoring framework

June 16, 2020

Darin Tyson-Chan

COVID-19 business restrictions for accounting firms have highlighted the need for detailed risk management plan when looking at offshoring arrangements.

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Practice Management

WealthO2 adds digital meeting facility

April 27, 2020

Jason Spits

WealthO2 has incorporated online meeting tools into its platform with users also planning to use it after COVID-19 lockdown.

Grandfathering removal needs sensible time frame

April 1, 2019

Hrishikesh Joshi

The end of grandfathered remuneration should take place, but time is needed for advisers to adapt their business models.

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Management, Practice Management

SMSF practice benchmark tool released

March 21, 2019

Jason Spits

SMSF practitioners can examine areas of improvement using a new tool unveiled by Smarter SMSF.

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Practice Management

Advisers embrace best interest duty

January 30, 2019

Malavika Santhebennur

Most advisers are in favour of the best interest duty, saying it was needed to lift industry standards.

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Practice Management

Service providers should flip perspective

October 24, 2018

Malavika Santhebennur

SMSF service providers need to take a different view on how they service customers from the common approach of using product as the starting point, according to a research executive.

Accountants still regard advice as sales

July 18, 2018

Krystine Lumanta

Accountants looking to broaden their services into advice, particularly for SMSF clients, are still put off by the selling aspect of a financial adviser’s role, an industry licensing expert has revealed.

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Accounting, Practice Management

SMSF tech costs to plummet 70 pct: Mclowd

July 9, 2018

Malavika Santhebennur

SMSF practitioners and trustees will experience a 70 per cent reduction in their accounting software technology costs over the next three years, according to accounting and SMSF software provider Mclowd.

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Practice Management

Adviser exodus to leave $900b in limbo

May 24, 2018

Krystine Lumanta

More than 14,000 advisers are expected to exit the financial advice industry over the next five years, representing $900 billion of net client wealth in transition.

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