Wraps, platforms, and master trusts FUM declined to $982.5 billion over the year to end of March 2023, although some market leaders like HUB24 and Netwealth experienced double-digit growth.
The Quality of Advice Review has provided a vehicle for advisers to clearly define the difference between advice as a professional service and portfolio performance said a lead researcher. Irene Guiam
New policy proposals, including indexation of the transfer balance cap and the $3 million cap present a variety of engagement opportunities for SMSF advisers, according to Investment Trends latest report.
One of the fundamental roles of a financial adviser is to understand the needs and objectives of each client and provide strategy and product advice recommendations that align to those needs and objectives.