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"The shift in industry is a lot greater than the public would know about." Centrepoint Alliance CEO Angus Benbow

Angus+benbow

The financial advice landscape is changing rapidly in the wake of the Royal Commission. From significant revisions to commission structures to banks moving out of the space entirely, the industry is already looking significantly different today than it did in years past. And, more changes are likely coming.

Centrepoint Alliance has made significant strides in revising how it does business. It was the mandate for CEO Angus Benbow, who was appointed in April of 2018. He shares his learnings with Industry Moves, including ways that advisers can adapt and find success on their own.

The following is an excerpt from an interview that will be launched with the Industry Moves podcast in early 2020. More

The importance of fair and transparent remuneration

Derek+berry

The issue of executive remuneration seems to come into the spotlight every few months, like when Westpac's CEO departed following the reporting scandal and was set to pocket $2.7 million in compensation. In an unrelated case, IFM Investors are receiving parliamentary pressure to reveal remuneration for top execs.

These and other cases raise questions around what constitutes "fair" remuneration, and the value of balancing transparency with confidentiality and secrecy.

Global risk advisor and consultancy Willis Towers Watson recently appointed a new remuneration specialist, Derek Berry, to help businesses better understand board, executive, and non-exec remuneration strategies. He answered our questions about setting remuneration rates and disclosure expectations. More

The future of SMSF - Q&A with SeamlessSMSF director Mike McHenry

Mike+mchenry

Superannuation Advisors Australia is rebranding effective Monday 10 February to SeamlessSMSF, to help bring focus on their SMSF audit services and technical support. We chat with SeamlessSMSF director Mike McHenry about both the future of his company and SMSFs in a post-RC world. More

Helping advisers address mental health for yourself and your clients

Glenn+baird

Glenn Baird joined TAL as their head of mental health in 2017. His journey to that position is not however, what you would likely expect. He played basketball professionally in the states before deciding to make a change to working in suicide prevention with clients from diverse backgrounds, including professional athletes, corporate lawyers and tradespeople. He now leads TAL’s mental health strategy, working with internal stakeholders and mental health groups to encourage the health and wellbeing of TAL’s people and customers.

Baird spoke to Industry Moves in advance of their new course designed to help support advisers who are working with bushfire affected clients.

The TAL Risk Academy course, Natural disasters: Supporting clients experiencing trauma and grief, launches as a live webinar on 26 February. To enrol in the course, click here. More

See all recent Q&As and a further 637 within our archive

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