The Minister for Financial Services has said it plainly. DBFO reforms remain a priority, but Shield and First Guardian have made the environment "more complex," and there are no firm timelines for Tranche 2. In other words, don’t hold your breath; you might be waiting a while. The proposed new class of adviser may not…
If you ask financial advisers what really drives their business, most won’t say revenue, compliance, or even performance. They’ll say relationships. Strong client relationships sustain advice businesses through market volatility, regulatory change, and fee pressure. They underpin referrals, retention, and trust. Yet,…
Australia is entering a decisive phase in its retirement system. A perfect storm of demographic change, policy reform and rising cost pressures is forcing a fundamental rethink of financial advice. By 2034, almost a quarter of Australian adults will be entering the retirement phase, shifting the system’s centre of gravity…
Part 1 of 2 | The Digitally Enabled Adviser Series For years, the financial advice industry has talked about the advice gap. Millions of Australians who need professional guidance but cannot access it — priced out, underserved, or simply not knowing where to start. The response has largely been regulatory: the Quality of…
In WealthSolver, what is the recommended way to model additional super contribution advice, particularly where the contribution is funded from a client’s cash account? Should the contribution be entered as a rollover / transfer from cash to super, or should it be entered under Plan Review Options → Specified Contributions?…
A few months ago, I completed one of the biggest professional decisions of my career: buying out my business partners and becoming the sole owner of our financial advice business. On paper, it sounds straightforward. We each owned shares in the business. My partners were mortgage brokers — great operators, good friends,…
One of the most fundamental decisions for anyone contemplating a move into residential aged care is understanding the room cost and how they will fund it. And this became more complicated and expensive from 1 November 2025. Higher room prices The first impact was the rise in room prices throughout 2025, with average…
I've spent a lot of time on the paraplanning side of the advice process, and there's a few things that reliably slows the paraplanning process down. It’s easy to blame the paraplanner (and sometimes it is their fault!) but what I often find is that a poorly structured paraplanning request is the reason things slow down.…
A practical note on structural refinement and clarity Most advice businesses we meet are already performing at a high level. Clients are well cared for, revenue is stable, compliance standards are met and the team operates with professionalism. From both the outside and inside, the business feels solid. There is no crisis…
How do I export all documents for all clients saved on Xplan including everything including notes under File Notes, or any documents saved on other section of the client.
It looks like you're new here. Sign in or register to get started.