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Make MISs carry PII says FAAA

Make MISs carry PII says FAAA

Managed Investment Schemes should be made to pull their weight on PII Insurance and be full covered by AFCA says the FAAA.
Master Trust clouds strong Insignia half

Master Trust clouds strong Insignia half

Insignia Financial has reported a solid first half but remains challenged by the performance of a costly Master Trust business.
Increase ASIC oversight of adviser PII say accounting groups

Increase ASIC oversight of adviser PII say accounting groups

The major accounting groups are urging that ASIC adopt the same approach to adviser PII monitoring as the TPB on tax practitioners.
Practicing without a license

Mortgage brokers, accountants warned on unlicensed advice

Mike Taylor 20 February 2026 3 Comments

Mortgage brokers, accountants and real estate players have been warned about drifting into unlicensed advice via utilising tools and apps.

Gold fish jumps to bigger bowl

Sequoia loses more advisers

Mike Taylor 20 February 2026 No Comments

Melbourne-based financial services business, Sequoia, has lost a further four financial advisers amid continuing regulatory fall-out.

Scale with man holding bags with Invest and Withdraw written

Platforms, SMSFs grow while industry funds in outflow

Mike Taylor 19 February 2026 4 Comments

New data has confirmed that industry superannuation funds are now facing into stiff competition from SMSF establishments and platforms.

Infocus’ new CTO to shape AI strategy

Binaya Dahal 19 February 2026 No Comments

Financial advice group, Infocus, has appointed Dr Ed Young as its new Chief Technology Officer, effective from 16 February.

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ASIC names 22 AFSLs in lead generation review

Mike Taylor 18 February 2026 7 Comments

ASIC has listed 22 AFSLs who it believes have allowed advisers to utilise the services of lead generators as part of a new review exercise.

Emergency fund

Major super funds join chorus against AFCA’s ‘but for’

Mike Taylor 18 February 2026 3 Comments

The Government should be funding current and future CSLR shortfalls according to ASFA’s response to Treasury’s review of PII.

Business for sale sign

Centrepoint exits lending aggregation

Mike Taylor 18 February 2026 No Comments

Centrepoint Alliance has moved to sharpen its focus on financial advice by divesting its lending aggregation business to Astute for $400,000.


INDUSTRY NEWS

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.

TPD Severity: A Smarter way to protect your clients

Financial Newswire Contributor 1 November 2025

Industry News

No Comments

Industry-wide, Total and Permanent Disability (TPD) claims have risen sharply in recent years. At Acenda, we recognise this has created challenges…


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Outsourcing

Industry funds urge strengthening of advice PII regime

Mike Taylor | 17 February 2026Industry funds are calling for a strengthening of the advice PII regime while making it clear they do not want to pay for the CSLR.
Nudge

HESTA wants retirement income stream default mechanism

Mike Taylor | 17 February 2026Big industry fund HESTA is calling on the Government to legislate to allow super funds to default members into retirement income streams.

FMA Wealth and its founder join Esencia in merger

Binaya Dahal | 17 February 2026The merger between Esencia and FMA Wealth will see FMA's founder Frank MacDonagh taking senior advisory and board role at the expanded firm.

Fiducian model delivers 15% rise in NPAT

Mike Taylor | 17 February 2026Fiducian Group's business model has delivered a solid lift 15% lift in NPAT as the company promotes the strength of its platform offering.
Blah Blah Blah

Shouting into an abyss – Govt consultations

Mike Taylor | 16 February 2026It has been 18 months since Treasury published the submissions to the many financial services consultations it has initiated.
elder abuse

Review finds most bank lacks clear elder abuse information

Binaya Dahal | 16 February 2026A joint review found wide inconsistencies in how banks explain financial elder abuse risks and the operation of financial powers of attorney.
WD adviser bannings

Shield and First Guardian drive up adviser bans

Mike Taylor | 13 February 2026ASIC banned another adviser this week and new analysis shows adviser bannings have reached levels not seen since the Royal Commission.
AMP Tower Building

George’s positive AMP results swansong

Mike Taylor | 13 February 2026AMP chief executive, Alexis George has pointed to the positives and the possibilities in her swansong full-year results announcement.