Risk Company Updates
/AIA Australia launches mental health study for advisers
A new study seeks to understand the mental health of financial advisers in the midst of great industry upheaval, commissioned by AIA Australia. The Adviser Voice has three main goals:
To understand the current state of mental health and wellbeing of financial planners
Learn the habits associated with those advisers who have positive mental health
Look into the mindsets and behaviour used for coping during periods of upheaval
The study will seek the experiences of over a thousand financial advisers in one-on-one interviews and a seven-day diary study. AIA Australia has partnered with Deakin University to complete the study with all data to be gathered before year-end.
CountPlus sells stake in Specialised Business Solutions
The MBA Partnership has bought CountPlus’s 61 per cent stake in Specialised Business Solutions. The buyers will pay $1.25 million in an upfront payment with the balance based on 12-month and 24-month post-completion revenues.
BT Index Funds ends ongoing adviser fees, goes to one-off advice fees
From 1 December 2020, BT Index Funds will be moving to one-off adviser fees, from an ongoing adviser fee model. The payment can be made directly from the investor’s investment account. The change is being made for legal reasons.
