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ASIC to Shield, First Guardian investors: ‘if in doubt make a complaint’

ASIC to Shield, First Guardian investors: ‘if in doubt make a complaint’

ASIC has confirmed to a Parliamentary Committee that a key message to Shield and First Guardian investors is, 'if in doubt make a complaint'.
Adjust performance test on infrastructure – ASFA

Adjust performance test on infrastructure – ASFA

Super funds have told a Parliamentary Committee the performance test should be modified to better accomodate infrastructure, private debt.
Sticky inflation drives retirees towards global dividends

Sticky inflation drives retirees towards global dividends

CEO of GSFM, Damien McIntyre, says the sticky inflation of Australia has made retirees fearful of their capital's value.
Red card

QLD adviser, SMSF auditor charged over $6.2m fraud

Yasmine Raso 10 March 2026

Financial Planning

No Comments

A Brisbane-based adviser and SMSF auditor is in court for defrauding clients $4.9 million and causing $1.3 million in trading losses.

Two women discussing work at a computer desk

Morningstar rounds up women PM perspectives for IWD

Yasmine Raso 10 March 2026

Investment

No Comments

Australia’s female portfolio managers are in agreeance that AI’s impact on investments is yet to be determined, according to Morningstar.

Brookfield Oaktree launches new private credit fund in Australia

Macropod’s stablecoin secures Betashares backing

Binaya Dahal 10 March 2026

Investment

No Comments

Macropod says it has secured a strategic investment led by Betashares to scale Australia’s first regulated AUD-backed stablecoin.

Accusing fingers pointing

Impose FAR, ORFR obligations on MISs – Industry funds

Mike Taylor 9 March 2026

Investment

One Comment

Industry funds represented by the SMC are urging the Government to make the directors of MISs and their REs more liable for failures.

Ring fenced piggy banks

Super funds united in reclassifying stamp duty

Mike Taylor 9 March 2026

Superannuation

One Comment

First the SMC and now ASFA have told ASIC that stamp duty should be reclassified and not included as a transaction cost for super funds.

Male and Female figures on scales

Gains in gender equality erased as 2025 ends at two-year low

Yasmine Raso 9 March 2026

Investment

No Comments

Any gender equality gains seen in 2025 have practically reversed, with the Financy Womens Index ending the year at its lowest point since 2023.

Tokenisation

ASIC looks to progress tokenisation

Mike Taylor 9 March 2026

Fintech

No Comments

ASIC chair, Joe Longo has flagged an industry roundtable in May dealing with tokenisation stating the regulator wants to back, not block.


INDUSTRY NEWS

TPD Severity – built for today’s realities

Financial Newswire Contributor 2 March 2026

Industry News

No Comments

TPD Severity offers a modern solution that blends seamlessly with existing TPD products, giving financial advisers a flexible, smarter, and more

Challenger

Is your retirement advice built to last?

Financial Newswire Contributor 10 February 2026

Industry News

No Comments

As Australians live longer, longevity risk is reshaping retirement advice. Our guide helps advisers build resilient retirement income plans.

Unlock faster underwriting for smoother approvals

Financial Newswire Contributor 1 February 2026

Industry News

No Comments

Experience the future of faster underwriting with digital PMARs and automated decisioning. Deliver enhanced precision, smarter processing, and quicker

Mocktail, anyone? Investing across demographic trends

Financial Newswire Contributor 24 November 2025

Industry News

No Comments

Mirova’s Jens Peers explores the generational trends shaping investment opportunities within the demographic transition.


Workers in suits heading for the exit

426 fewer advisers over past 12 months

Mike Taylor 6 March 2026

Financial Planning

No Comments

Financial adviser numbers are continuing to hover about the 15,100 mark but there are 556 fewer on the FAR than at the beginning of December.

Audit

Was ASIC auditor oversight a factor in Shield, First Guardian?

Mike Taylor 5 March 2026

Financial Planning

3 Comments

ASIC has yet to take action against auditors who handled Shield and First Guardian but a ANAO report suggests the regulator is not blameless.

Puzzle pieces being joined together in sunlight

Wealth Architects completes Bombora AFSL move

Yasmine Raso 5 March 2026

Financial Planning

No Comments

Wealth Architects has transitioned its operations to the Australian financial services licence of risk specialist, Bombora Advice.

ERROR SCREEN

Five years on, super stapling a clunky SNAFU

Mike Taylor 6 March 2026

Superannuation

One Comment

Nearly five years down the track superannuation stapling is not working as intended with the ATO struggling to deal with technical issues.

Pension

Change rules on Age Pension assistance says Cbus

Mike Taylor 4 March 2026

Financial Planning

10 Comments

Major industry fund Cbus is urging the Government to change the rules to allow superannuation funds to deliver Age Pension advice.

Old couple walking on pile of coins, businessman behind them on other pile of coins

MLC completes Retirement Boost launch with income phase

Yasmine Raso 3 March 2026

Superannuation

No Comments

MLC Expand has completed its MLC Retirement Boost launch, with the retirement income phase now available after savings was released last year.

Graph with word crisis

Investors warned against complacency over Iran crisis

Binaya Dahal 6 March 2026

Investment

No Comments

CEO of deVere Group, Nigel Green, urges investors to be more proactive to safeguard and grow wealth amid escalating Middle East conflict.

Digital financial advice

Australia risks missing $24bn digital finance opportunity

Binaya Dahal 4 March 2026

Investment

No Comments

Digital Finance CRC’s new study finds Australia could unlock $24 billion annually if the financial technology infrastructure is modernised.

Super gender gap

Female CEO under-remuneration drags down gender pay gap

Yasmine Raso 4 March 2026

Investment

No Comments

The WGEA data release has confirmed that while progress has been made on the gender pay gap overall, women in C-suite roles need more.