News & Insights

In a recent poll which asked what clients really value from their financial advisers, one of the leading answers, by some distance, was relationship management. Navra believes that in almost all cases the administrative work to onboard and service a client is what takes up the bulk of an adviser’s time. This is because many..

Volatility is a blessing and a curse Rising equity markets in recent years have given investors growth in their portfolios, but as we enter a period of higher volatility and lower economic growth these same investors can see their hard-earned profits evaporate. Periods of volatility can be great when investors are in the early stages..

The biggest advantage of discretionary management is the ability to put clients with the same risk profile and goals in the same professionally managed model portfolio. This is a major boon to advisers, as they are freed from the burden of researching, selecting and monitoring investments for each individual client. But platforms that call themselves..

This may broaden people’s horizons, but it can introduce considerable complexity into their financial affairs. Not only must they interact with multiple tax authorities, but they also need to navigate different investment structures and reporting requirements. As many will want to return to their home country one day, they may also need to keep their..

New and existing personal and corporate pension schemes will be moved onto the platform International pensions provider Sovereign Group has signed terms with Praemium to offer platform services to its pension scheme members and private clients of Sovereign Wealth. The global trust and company services provider will transition existing and new personal and corporate pension..

Financial planning principals are continuously faced with the pressure of legislative change, and there is very little air time between articles referencing the Royal Commission, FASEA and other regulatory changes. These factors all have the ability to significantly impact profit, which can trigger advice firms to analyse and re-evaluate what’s important to their planning practice,..

It is frustrating to think that upper limits are set, not on the capacity to advise or the availability of new clients, but by interminable tasks and the need to generate pages of compliance blurb, which is often impenetrable or meaningless to the average investor. For those unwilling to accept this status quo, the only..

So where do you start in supporting innovation within your business? At Praemium, we’ve articulated 49 factors that contribute to our innovation philosophy. In this article, we will focus on three key factors which you can implement relatively easily and that could have a marked impact on innovation in your practice. Culture All businesses, even..

Taking client meetings online The coronavirus may be the catalyst for the move to virtual meetings, but there are many additional benefits to this mode of communication. Clients less able to travel to physical locations, such as time-poor or elderly clients, can make face-to-face meetings difficult to schedule. Skype and Zoom are two well-known telecommunication applications that can be..