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Longo to quit ASIC at end of term

Longo to quit ASIC at end of term

The chair of ASIC, Joe Longo has confirmed he will not be seeking an extension of his term at the end of the regulatory agency.
140 targeted by ASIC on Shield, First Guardian

140 targeted by ASIC on Shield, First Guardian

ASIC has lamented the outsourcing of blame at all levels around the Shield and First Guardian collapses as it targets 140 individuals.
ASIC, APRA warn super platforms

ASIC, APRA warn super platforms

ASIC and APRA have directly discussed with the major super platforms the failings that led to the First Guardian and Shield collapses.
Finger touches audit button

18 years later, ANAO to examine ATO’s SMSF regulation

Mike Taylor 19 September 2025

Superannuation

No Comments

Nearly 20 years’ after its last comprehensive look, the ANAO is to examine the effectiveness of the ATO’s regulation of the SMSF sector.

Andrew Gregory UniSuper

UniSuper elevates Andrew Gregory into new chief advice role

Yasmine Raso 19 September 2025

Financial Planning

No Comments

UniSuper has affirmed its commitment to meeting members’ demand for advice by promoting Andrew Gregory to its ELT as Chief Advice Officer.

Cutting fees

Stockspot reduces fees to $1 to mark $1.2b AUM milestone

Yasmine Raso 19 September 2025

Financial Planning

No Comments

Stockspot has announced a raft of changes to mark 12 years since its launch and $1.2b in AUM, including lowering its monthly fee to just one dollar.

Decline in bond income

LISTO ‘freeze’ leaves 1.2m workers with $500m less in super

Yasmine Raso 19 September 2025

Superannuation

No Comments

The failure of LISTO to keep up with 13 years of tax and super changes is estimated to leave 1.2 million workers out by $500 million in super.

ASIC website browser image

ASIC hits La Trobe with interim stop order

Mike Taylor 18 September 2025

Funds Management

2 Comments

La Trobe’s US Private Credit Fund has been hit with an ASIC interim stop order over DDO concerns with the regulator citing allocation risk.

Question of money

FSC challenged on large licensee cost savings claims

Mike Taylor 18 September 2025

Financial Planning

11 Comments

FSC Green Paper claims that large financial planning licensees can deliver cost-savings of up to $70,500 a year are being challenged.

Accusing fingers pointing

Industry funds point finger at platforms-based super

Mike Taylor 18 September 2025

Financial Planning

6 Comments

Industry superannuation funds body the SMC has baulked at funding the CSLR whilst point the finger at platforms-based super funds.


INDUSTRY NEWS

Are you avoiding herd mentality when investing?

Financial Newswire Contributor 15 September 2025

Industry News

No Comments

Loomis Sayles’ Hollie Briggs explains how to find investment opportunities by minimizing your behavioural biases.

Essential roles your bond portfolio could play

Financial Newswire Contributor 23 June 2025

Industry News

No Comments

In moments of uncertainty, it is important to stop and reflect on the basic role of fixed income in a portfolio…

Power your growth with smarter registry solutions

Financial Newswire Contributor 19 June 2025

Industry News

No Comments

In a shifting market, growth starts with operational strength. Find out how the right transfer agency partner drives better experiences and outcomes.

Personal Medical Attendant Reports: Simpler, smarter, faster – now digital with Acenda 

Financial Newswire Contributor 2 June 2025

Industry News

No Comments

Acenda has launched digital PMARs – an Australian life insurance industry first – setting a new benchmark in underwriting efficiency.  


Complexity

It’s too complicated to make advisers alone pay

Mike Taylor 17 September 2025

Financial Planning

5 Comments

There are now so many moving parts resulting from the collapse of the Shield and First Guardian funds that a regulatory rethink is required.

Wooden blocks cost

Govt should contribute to CSLR special levy

Mike Taylor 12 September 2025

Financial Planning

7 Comments

The Commonwealth is responsible for the failed CSLR funding regime and should help meet the CSLR sub-sector cost over-run – SMSF Association.

Keyhole surrounded by gold cogs and hexagons with black background

Adviser exam generates 17 new entrants

Mike Taylor 12 September 2025

Financial Planning

One Comment

The pass rate for the latest financial adviser exam has translated into 17 new entrants to the Financial Adviser Register.

Debt sack and money

Rest’s $390m US private debt play

Mike Taylor 18 September 2025

Investment

No Comments

Major retail industry fund, Rest has made a $390 million investment giving it financing exposure to US sale and lease back arrangements.

Mark Rider Brighter Super

Brighter Super CIO to depart, announces semi-retirement

Yasmine Raso 18 September 2025

Superannuation

No Comments

Brighter Super’s CIO Mark Rider will step down from the role and call time on his almost-four-decades-long career in December.

Digital advice

Cbus completes death benefits, beneficiary nomination revamp

Yasmine Raso 17 September 2025

Superannuation

One Comment

Cbus Super has revised its death benefits process in the effort to eliminate any complexity associated with beneficiary nominations.

Time to keep calm

Investors urged to “exercise discipline” amid market excitement

Yasmine Raso 18 September 2025

Investment

No Comments

Investors have been cautioned against getting swept up by the hype surrounding record-breaking global stock market performance.

New board member

Financial services CEOs appointed to FSC Board

Yasmine Raso 17 September 2025

Investment

One Comment

The chief executives of two financial services businesses, Insignia Financial and Vanguard Australia, have been appointed Board Directors of the FSC.

Gavel and scales of justice

FSU brings Fair Work action against “in-crisis” ANZ

Yasmine Raso 16 September 2025

Investment

No Comments

On the same day as admitting to misconduct as detailed by ASIC, ANZ has also become the target of Fair Work action lodged by the FSU over job cuts.