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DBFO uncertainty plays on adviser movement

DBFO uncertainty plays on adviser movement

The waiting game around the final shape of the new class of financial adviser appears to be impacting adviser movement and numbers.
ASIC accused of over-reach on IDR name and shame

ASIC accused of over-reach on IDR name and shame

ASIC has been told it will be exceeding its legislative authority if it proceeds to publish IDR data naming and shaming licensees.
Insignia’s MLC Expand heats up platform fees competition

Insignia’s MLC Expand heats up platform fees competition

Insignia Financial's MLC Expand platform has thrown down the gauntlet on fees, announcing reductions of around 25%.
Loyalty

Aussie clients loyal, but not that loyal

Mike Taylor 21 May 2025 2 Comments

Australian investors are more loyal to their primary wealth advisers than their global peers, but not that loyal says EY.

ASIC cancels AFS licence

CSLR pays $267,235 ASIC cancels AFSL

Staff Writer 21 May 2025 No Comments

An unpaid AFCA determination relating to investments in 2022 has resulted in the CSLR paying out $267,235 resulting in an AFSL cancellation

NESS deploys Otivo's advicetech solution

Advice opportunity lies in HNW demand for alternatives

Yasmine Raso 21 May 2025 No Comments

HNW investors’ demand for alternative assets has exposed a gap in education advisers are yet to capitalise on, according to Praemium research.

comparing apples with oranges

Industry funds back ASIC on publishing IDR data

Mike Taylor 20 May 2025 5 Comments

Industry funds group, the Super Members Council, has backed ASIC’s proposals to publish IDR data likening it to the super performance test.

Blame/Shame blocks

Purpose and cost of ASIC ‘name and shame’ regime challenged

Mike Taylor 19 May 2025 No Comments

The FAAA has strongly questioned the rationale behind ASIC proposals to publish IDR and reportable situations data and the costs.

Insurance premium

Asgard flags hefty insurance premium rises

Mike Taylor 16 May 2025 3 Comments

Westpac-owned platform Asgard has written to advisers flagging some hefty rises in premiums across salary continuance, trauma and TPD.

Finger balances numbers

Super funds losing advisers ahead of DBFO

Mike Taylor 16 May 2025 2 Comments

Industry funds are being viewed as winners out of the DBFO legislation yet new analysis shows they are employing fewer advisers.


INDUSTRY NEWS

Take life on with Acenda, the new face of MLC Life Insurance.  

Financial Newswire Contributor 19 May 2025

Industry News

No Comments

For over 130 years, MLC Life Insurance has helped Australians protect their futures and the futures of those they love. Now, as Acenda…

The sweet spot between risk and growth

Financial Newswire Contributor 19 May 2025

Industry News

No Comments

SMID caps are at the sweet spot: growth prospects are still exciting but they’re more mature businesses – less volatile/ risky than true small caps.

Duration’s comeback: A better friend for income and credit

Financial Newswire Contributor 8 April 2025

Industry News

No Comments

We think it is time for income and credit investors to accept duration back into the friend circle…

Trade, tariffs, and the market response

Financial Newswire Contributor 21 April 2025

Industry News

No Comments

Global markets have been rattled following proposed tariff implementations. Fidelity experts weigh in across asset classes and lay out their thinking


Filter

Bookie taking an each-way bet

Morningstar not writing off Insignia PE sale

Mike Taylor | 16 May 2025The sceptics may be writing off a PE acquisition of Insignia Financial but Morningstar believes it is still an each way bet.
Competing bid

Then there was one – Bain out of Insignia race

Mike Taylor | 14 May 2025Bain Capital has fallen out of the PE race to acquire Insignia Financial leaving CC Capital the player likely to make a binding offer.
Keys unlocking a book

Balance of power hamstrings advice lobby groups

Mike Taylor | 14 May 2025The Government's new-found Parliamentary dominance leaves advice lobby groups will little choice other than to use the system.
Exiting complexity

Complex advice referrals duty recommended

Mike Taylor | 13 May 2025Superannuation fund trustees should be legislatively obligated under the DBFO to refer complex advice matters to financial advisers.
Australian Parliament

Mulino no novice in financial services

Mike Taylor | 13 May 2025The new Assistant Treasurer and Minister for Financial Services, Daniel Mulino is no novice in the financial services portfolio.
Digital platform engagement

AMP unveils suite of upgrades to adviser platform

Patrick Buncsi | 13 May 2025AMP has announced a slew of upgrades to its adviser platform North, including a first-ever direct document upload and messaging capability.
Daniel Mulino

Daniel Mulino gets Financial Services portfolio

Mike Taylor | 12 May 2025Victorian MP, Daniel Mulino, has been promoted to the outer Cabinet and handed the Financial Services portfolio.
Man using magnifying glass to run audit on ipad

Pressure growing for full DBFO visibility

Mike Taylor | 12 May 2025The major financial planning groups want full visibility of the DBFO legislation rather than signing off tranche by tranche.