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Hays Daily News The Ellis County Commission on Monday evening denied a permit for Leann Zimmerman’s proposal to build a country wedding barn on her farmland north of Hays, but Zimmerman says she hasn’t given up. “We’re very disappointed, but I think we’ll move forward in some manner,” Zimmerman said after a lengthy meeting at the Ellis County Administrative Center, 718 Main. “That’s what I know at this point.” “Absolutely” she and her husband, Jayme Zimmerman, will try to build the wedding barn “at the same location.” Zimmerman was seeking a permit for a proposed 7,200-square-foot building to host 350 people on a 4-acre plot of land 6 miles north of town on Buckeye Road. ....
Fortnum CEO Neil Younger The intense regulatory focus on life insurance advice may appear disproportionate to activity, given 84 per cent of financial advisers spend the majority of their time providing strategic advice on superannuation, investments and other non-insurance-related matters according to Investment Trends. As such, the regulator’s focus may soon shift to strategic investment advice. This is likely to coincide with the inevitable end of Australia’s near three-decade record run of economic prosperity. Advisers should prepare for hard questions about their approach to managing other people’s money. They must be able to articulate and demonstrate the robustness of their investment philosophy, processes and performance including how they build and customise portfolios, how they manage risk and how they monitor and measure ongoing performance. ....
Younger said licensees and advisers were conscious that the current monitoring and supervision was backward-looking and there was a desire to monitor and supervise in a way, so they were not doing annual audits but rather things are being audited consistently. This, he said, would free up resources to do coaching, to improve processes, and to create better client experiences. Also contributing to the report, XY Adviser, managing director, Clayton Daniel, said advisers’ needs were not being met. “If you consider the traditional role licensees have played, there is a lack of licensee services being provided in the market. While we have seen the rise of services provided by specialists, I am not sure the industry has caught up with what advisers need,” he said. ....