We help you navigate compliance. It’s that simple.
Blog
We blog here whenever we have something we need to say about our industry.
Expect spike in tech costs next financial year
“Advice firms have also been warned that technology and software costs will rise considerably in the coming financial year, likely to be well above inflation.” Tangelo’s Selin Ertac and Conrad Travers joined Finura’s Peter Worn to discuss tech for advice businesses.
“We wanted incremental improvement, now we’re transforming our business”
A well regarded self-licensed business wanted to know where their gaps were so they could make incremental improvements. With a Tangelo AFSL Gap Assessment and Action plan, they got motivated to transform their business.
A Virtual COO could be what your advice business needs.
One of the really satisfying things about the work we do with our clients in Tangelo is we effectively become part of the team; we can effectively be your ‘Virtual COO’ for at a price that is fair and less than the cost of a fulltime FTE.
The flexibility of the virtual COO strategy has lots of benefits:
Variabilise your cost base & reducing your recruitment costs and time
Get access to the Tangelo Team’s skillsets rather than just one person
Drive results - as your virtual COO, we can focus on ticking off what needs to get done, rather than getting lost in BAU.
February top 3 actions for AFSLs
With the holiday season behind us its now time to start planning for 2024
AFSLs need to plan for and take action on some tasks which were announced last year. Whilst we have focused on the top 3, January is also a good time to:
o Assess and develop your cyber plan (Cyber resilience good practices | ASIC)
o Budget for ASIC levies
If you need help understanding what these changes mean for your business, please contact us.
Are you one of the 89% of the Licensee population who hasn’t lodged a breach report to ASIC?
ASIC’s Report 775 released on 31 October shows that only 11% of licensees have lodged a report. This is a surprisingly low number and suggests that some licensees may not have in place the systems and processes required to detect and report breaches. Do you?
7 deadly sins and the advice process
What do the Seven Deadly Sins have in common with the Advice Processes? We explored the common sins we see causing ineffective advice processes and what businesses should be focusing on.
Case study: Help us to simplify compliance
A mid-tier licensee not sure where to start got a simplified compliance approach, 40% improved paraplanning turnaround and an uptick in adviser engagement