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wooden blocks spelling fees

CSLR pressure – 79% of advisers planning to lift fees

Mike Taylor 8 May 2026 2 Comments

Nearly 80% of financial advisers plan to lift their fees to help them counter the increasing cost of the CSLR levy.

Cutting fees

HESTA cuts new deal with AIA Australia, cuts fees

Mike Taylor 8 May 2026 One Comment

Barely three months out from the next super performance test HESTA has announced cuts to its group insurance fees via AIA Australia.

Mixed outcome

Adviser numbers grow, InterPrac exits continue

Mike Taylor 8 May 2026 No Comments

Adviser numbers on the FAR have continued to increase but InterPrac is continuing to leak numbers in the wake of the aborted sale to Conquest.

AI financial planning

Iress plans AI-enabled overhaul of wealth platforms

Binaya Dahal 8 May 2026 No Comments

Iress’ Group CEO Andrew Russell says the partnership with Thoughtworks enables firm to modernise wealth platform and unlock AI-enabled growth.

Man carries AML weight

FAAA, FSC develop new AML/CTF-friendly customer ID forms

Yasmine Raso 8 May 2026 No Comments

The FAAA and the FSC have launched updated customer ID forms, designed to better support advisers meet the revamped AML/CTF obligations.

JANA lures BT Financial exec to lead wealth strategy

Binaya Dahal 8 May 2026 No Comments

JANA Investment Advisers has appointed Zac Leman as its General Manager of Wealth, days after it welcomed Matt Wacher as CIO.

Guilty not guilty

Court finds against Telstra Super on IDR

Mike Taylor 7 May 2026 One Comment

The Federal Court has found against Telstra Super over ASIC-initiated charges that it failed to comply with its IDR obligations.

Fintech

Evidentia completes Xplore Wealth MDA transition

Mike Taylor 7 May 2026 No Comments

Evidentia Group has made good on HUB24’s wind-down of Xplore Wealth, announcing the completion of the transfer of client portfolios.

China investment dragon

Investors told – Don’t underestimate China

Mike Taylor 7 May 2026 No Comments

China’s emergence as a key power broker in the Middle East should be recognised and understood by investors says deVere’s Nigel Green.

AI-led productivity boom masks macro dangers: GSFM

Binaya Dahal 7 May 2026 No Comments

GSFM Stephen Miller says equity market’s strength shows it has yet to fully reflect the global economic slowdown from the Iranian conflict.

Ban on unlicensed comms

Ban unlicensed communications says departing Longo

Mike Taylor 7 May 2026 3 Comments

Outgoing ASIC chair, Joe Longo has used last speech to argue the case for a ban on unlicensed financial communications.