Conference 2021 – Navigating change

Conference 2021 Program

DAY ONE: Thursday 20 May 2021

Welcome Conference opens



The intersection between macroeconomic developments, geopolitics and alpha-driven investing

COVID-19 vaccine prospects should make 2021 a year of global economic recovery. Markets have priced in a lot of good news, but more gains seem possible as corporate profits rebound and central banks remain on hold. But overly optimistic investor sentiment could make markets more vulnerable to negative news, which could include renewed lockdowns in Europe and North America as virus

cases escalate, logistical difficulties in distributing the vaccine and negative economic growth in

early 2021 if government support measures are unwound too quickly. Geopolitics could also deliver negative surprises from China, Iran or Russia as the new administration of President-elect Joe Biden takes power in the U.S.

Concurrent session

Trends in wealth management

Social, demographic and technology changes are driving the evolution of wealth platforms. As the world embraces agile business models, the cloud and new technologies, new players and existing organisations capable of adapting their business models will be the winners. Strong client relationships supported by strong digital capabilities, improved approaches to costs and transformations of operations and differentiated product offerings like sustainable investing and digital assets as well as strategic partnerships are all key themes.

Concurrent session



2021: A playbook for COOs and CCOs

The speed at which transactional data must safely travel worldwide — across a web of financial institutions, exchanges, clearinghouses, intermediaries and data repositories — has required firms to shift more resources to operations and compliance. Meanwhile there is a blizzard of ongoing new regulatory requirements, with major impacts on the business. More than ever, firms are relying on the vision and capacity to adapt to change of their COOs and CCOs as strategic differentiators in the marketplace. Explore what is needed to create the flexibility required to navigate common challenges in 2021.




The view from the government



The view from ASX
Concurrent session

Sustainable finance and ESG investing

This session covers the latest viewpoints on establishing a well-functioning and at-scale market structure for climate-aligned finance. Hear about effective methods to motivate greater investment in all types of climate finance, create more efficient climate finance market structures, and more.

·         Navigate scepticism through research, data and case studies of responses from the broader community

·         Understand how companies manage their risk in a portfolio sector

·         Engage the socially aware and proactive millennials in preparation for the great transfer of wealth

·         Adopt conversation guidelines on how to convey long-term value through responsible investment

Concurrent session



Navigating the Professional Year

One of the biggest challenges arising from the FASEA education requirements is for new entrants to stockbroking and investment advice to be supervised by a FASEA-qualified adviser. This session looks at the journey some have already commenced, focusing on navigating those first Professional Year candidates and what has been learnt on the way.



Financial advisers meet their regulators

Financial advisers are subject to regulation by ASIC and FASEA, with a single disciplinary body to be introduced at some point in 2021. Complaints against advisers go to AFCA. This session provides the opportunity for advisers and their licensees to hear from those who regulate them about the key issues in financial advice regulation this year.

Concurrent session



Managing exiting (client transition) senior advisers due to FASEA requirements

An exodus of experienced stockbrokers and investment advisers with decades of experience under their belt and a book of satisfied clients will hit the industry in the next few years. What happens to their client base? How do the advisers plan for their retirement and what can licensees do to support them? While all business models differ and there is no one-size-fits-all approach, this session will canvass some of the key issues that need to be considered when planning exits from the industry.

Concurrent session



Not if, but when — planning for a cyber attack

Cyber-attacks have become commonplace — businesses lose millions of dollars every year. These attacks can cripple many companies financially, and others may see a decrease in productivity. To avoid this, organisations need to have a cyberattack response plan in place. This can help thwart the attack or at least reduce the damage caused by it. This session looks at best practices for a cyber attack response plan.

Conference close


Closing remarks and reminder of next day

DAY TWO: Friday 21 May 2021

Presentation Topic
Welcome and housekeeping





Licensees — an endangered species?

The traditional view is that the licence holder is a separate business to the advisers’ business. As part of the move to professionalisation, is the next evolution the partnership model, where businesses join together to form equity partnerships and the licence is owned by the partners? This is how the law and accounting professions evolved. Is this a critical path forward for financial advice to be accepted as a profession? Or is the licensee model fit for purpose? What does the cost of compliance mean for the future of licensees?

Concurrent session



Structuring the modern family office in wealth management

One of the most important challenges facing wealth management firms advising family offices is how to balance investment growth and investment risk. This session looks at how family office wealth management is transforming by innovating and extending investment services offered; industrialising business structure and operations; and unlocking digital and technology.

Concurrent session


A behavioural finance guide to client management

·         The hidden drivers of investment decisions: How fear, anger, and greed pull us off course

·         Practical techniques for advisors to maximize their influence

·         The brain: How to retrain ourselves and develop better emotional and cognitive habits

Concurrent session



Acceleration of digital wealth management

Structural shifts are currently underpinning the stockbroking and wealth management sector, accelerated by the global pandemic

·         Leveraging emerging technologies to increase operational efficiencies, lower costs, and improve margins and compliance

·         Reviewing the impact of greater automation on client experience vs cost saving

·         Replacing legacy systems and re-platforming

·         Important considerations in planning the digitisation roadmap for your business.

Concurrent session



Energy sector 2021: Navigating the carbon transition

Around the world, investments in the energy system are shifting, with increasing funds flowing into renewables, grid flexibility mechanisms, and low carbon transport. An appropriate policy and regulatory environment is required for continued investment towards a low carbon economy while maintaining energy security. The low carbon transition often requires the government to drive and guide private spending since investments in low carbon energy infrastructure are often capital-intensive and require long-term returns. There is growing need for new market structures to be defined and existing ones to play different roles in order to encourage low carbon investments across all sectors of energy, while also keeping the energy system stable and conventional sources flowing. This session maps the energy transition and the implications for global energy markets.




The view from the Opposition

Concurrent session


Investment relationship between Australia and China

What do tightening Chinese investment regulation and growing trade tensions between Australia and China mean for Australian investors?

Concurrent session


Pandemic shopping: is it here to stay?

Our upended shopping habits in COVID are a glimpse at how we’ve been altered by the pandemic. Fiscal relief passed by governments has supported household incomes despite the rise in unemployment, and consumer spending that would have gone to in-person activities such as plane tickets and restaurant meals has gone into buying physical products instead. What happens once there’s a vaccine and consumer spending shifts back to in-person activities? Will that normalisation process be good news for the economy overall but bad news for retailers that have benefited from 2020’s disruption? What is the future of investment in retail?

Concurrent session

Measuring portfolio risk from climate policy changes

Despite the growing emphasis on sustainability and the mainstream nature of ESG considerations, investors are still struggling to find adequate data to inform their decisions. And with many anticipating a shift in US public policy toward limiting climate change, investors are considering how to quantify the impact on their portfolios. Australian policy could shift in response to US policy changes, which adds regulatory uncertainty to the mix.

Concurrent session

Cryptocurrencies: fad or future investment?

Opinions on cryptocurrencies vary widely from fraud/hoax to visionary, futuristic inevitability. Cryptocurrency’s 2017 extreme highs and lows is not necessarily a template for its future. Clients are making inquiries interested in these digital currency opportunities. How do advisers understand the risks to assess if cryptocurrencies are worthy of investment?



The future of financial advice

·         What can current trends tell us about the future of stockbroking and financial advice?

·         How will changing client expectations redefine the role of brokers and advisers in the future, and what skills and capabilities will be essential for success?

·         Which business models are likely to succeed or fail, and what do firms need to be learning and doing now to thrive in the future?

·         What regulation will support or hinder access to financial advice?

·         What role will tone from the top play in confirming ethics in the industry?

Conference Close Closing Remarks

Thank you to our 2020 virtual conference sponsors