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Govt, Green Senators back less oversight of ASIC, APRA

Govt, Green Senators back less oversight of ASIC, APRA

Despite the Shield and First Guardian collapses Govt and Greens Senators have backed reducing the frequency of ASIC and APRA oversight.
AMP’s digital advice offer records 33-fold increase

AMP’s digital advice offer records 33-fold increase

Buoyed by a 33-fold increase in the number of super members using its digital advice offering, AMP limited has rolled out new features.
Clime retail advice book sale a discount?

Clime retail advice book sale a discount?

The $1.65 million sale price of Clime's retail client advice client book looks cheap compared to what the firm paid for MTIS Wealth in 2022.
One size doesnt fit all

Data confirms salaried adviser tend to stick

Mike Taylor 21 November 2025 No Comments

New analysis from by Padua’s WealthData business has confirmed that institutional/salaried advisers tend to stick with their licensees.

Trophy with blue background and lights

FAAA names 2025 advice awards winners

Yasmine Raso 21 November 2025 No Comments

The FAAA has announced the winners of its 2025 Awards at a gala dinner hosted in Perth on Wednesday night.

Hourglass and alarm clock

APRA fund transfers to SMSFs in 1 to 11 days

Mike Taylor 20 November 2025 3 Comments

New data shared with advisers by Grow SMSF has revealed the time taken by APRA funds to transfer balances to SMSFs can be between 1 and 11 days.

Business for sale sign

Clime sells retail advice client book

Mike Taylor 19 November 2025 No Comments

Clime Investment Management has sold its retail advice client book to an as yet unnamed AFSL allowing it to focus on wholesale HNW clients.

BizHealth adviser demand

Experienced advisers now commanding $200K plus

Mike Taylor 19 November 2025 No Comments

High demand for experienced financial advisers has seen average remuneration rise by $40,000 over the last two years along with higher bonuses.

Financial adviser sitting with couple talking through options

HNW investors reinforce value of ‘human connection’ with advice

Yasmine Raso 19 November 2025 No Comments

A Praemium survey of HNW investors has emphasised the importance of trust and human connection when it comes to financial advice.


INDUSTRY NEWS

Is AI’s bubble about to burst?

Financial Newswire Contributor 18 November 2025

Industry News

No Comments

Mirova’s Jens Peers discusses the AI boom, potentially overlooked opportunities, and the next big trend he is excited about.

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…

Why Durability Matters in Private Credit & How La Trobe Financial Sets the Standard

Financial Newswire Contributor 1 November 2025

Industry News

No Comments

In private credit, innovation matters, but lasting success relies on resilience and reliable performance in challenging market conditions.

Real Estate Private Credit’s Ongoing Role in Investment Portfolios

Financial Newswire Contributor 1 November 2025

Industry News

No Comments

This research paper explores the rise of commercial real estate private credit in Australia, its resilience through economic cycles, and why…


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Rescue

Message to Mulino – broad CSLR special levy should be one-off

Mike Taylor | 18 November 2025Financial Services Minister, Daniel Mulino, has been signalled that a sector-wide special levy for the CSLR has to be a once-off.
Dodgy dealings

Adviser exit fees fail transparency test

Mike Taylor | 18 November 2025Financial advisers switching AFSLs should not be hoodwinked by exit fees dressed up as PI run-off cover says AMAFA CEO, Keith Marshall.
salary increase

Financial wellbeing-focused programs handed grant uplift

Yasmine Raso | 18 November 2025Twelve initiatives focused on improving financial wellbeing have been named as the recipients of the Future2 Foundation's grant program.
Downsizing

HESTA’s 44% downsizer contributions increase

Mike Taylor | 17 November 2025Industry fund HESTA has confirmed the degree to which it is promoting downsizer contributions as part of its retirement incomes messaging.
Barristers

10 court actions, 18 defendants – ASIC hits eco-system

Mike Taylor | 14 November 2025ASIC has detailed 10 court cases and 18 defendants as it attacks the eco-system around the Shield and First Guardian collapses.
Carousel

Data confirms adviser mobility between licensees

Mike Taylor | 14 November 2025New analysis has highlighted the mobility of financial advisers between licensees with the average adviser switching 2.77 times.
ASIC sues Binance for consumer protection failures

ASIC initiates action against Interprac and SQM Research

Mike Taylor | 13 November 2025ASIC has initiated Federal Court action relating to the collapse of Shield against Interprac and SQM Research.
White puzzle piece with 'Politics' connected to green puzzle piece with 'Money'

Shield, First Guardian complicate DBFO – Mulino

Mike Taylor | 13 November 2025The Government's delivery of the next DBFO tranche has been complicated by developing a response to the Shield and First Guardian collapses.