What role does the APL and Investment Committee have today in a - - PowerPoint PPT Presentation

What role does the APL and Investment Committee have today in a modern Financial Planning and Advice Business

Aman Ramrakha

Executive Manager, Research CFS Advice Business

Disclaimer

This presentation is given by a representative of Colonial First State Investments Limited AFS Licence 232468. ABN 98 002 348 352 (Colonial First State). It does not represent advice specific to any particular investor. Colonial First State makes no warranty as to the accuracy, reliability or completeness of any information contained herein. Investments are subject to a number of risks and the repayment of capital or the investment performance of any financial product covered in this document is not guaranteed. Past performance is no guarantee of future performance. This presentation cannot be used or copied in whole or part without express written consent.

Agenda

Lessons from the GFC Implications of FOFA Manager selection process The role of Research Houses

Lessons from the GFC

Increase focus on risk management APLs shrinking? Focus on tailored solutions – multi­manager and models Implications of FOS decisions

FOFA

APL still relevant Fiduciary duty Insurance – risk commission ban In­house products Opt­in Salaried vs IFA

Manager selection process

Beyond the usual – people, process, systems Risk management overlay Portfolio application Adviser/client support Business sustainability

Role of Research House

No longer rely solely on Research houses Internal research overlay Engage research houses to assist in governance aspects Tools for advisers More focus on portfolio construction

Questions?