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The expensive DBFO fee disclosure glitch

The expensive DBFO fee disclosure glitch

The DBFO legislation first tranche was meant to simplify fee disclosure for financial advisers but may have made things costly and worse.
Entireti takes IOOF Alliances

Entireti takes IOOF Alliances

Entireti has acquired Insignia Financial's IOOF Alliances business putting it together with Jigsaw Advice Solutions.
No performance test for retirement products – FSC

No performance test for retirement products – FSC

The FSC has strongly reiterated the inappropriateness of seeking to extend the super performance test to retirement income products.
Unfair costs

CFS research identifies value gap in advice businesses

Yasmine Raso 12 August 2025 One Comment

New research from CFS 10x has found a significant value gap in Australian advice businesses at an average of $1.1 million.

Third wheel

Govt canvasses mandated super voice in advised retirement relationships

Mike Taylor 11 August 2025 5 Comments

A Treasury discussion paper is actively canvassing superannuation trustees having a mandated voice in adviser/client retirement relationships.

Man walks over another man

Levy MISs or risk CSLR collapse says ASDAA

Mike Taylor 8 August 2025 3 Comments

ASIC should be made to contribute to the cost of CSLR over-runs where regulatory lapses have contributed to consumer losses, says ASDAA.

Old man pointing to muscle

Smaller licensees boast more experienced advisers

Mike Taylor 8 August 2025 No Comments

While large licensees may claim stronger compliance regimes, it is the self-licensed or micro-AFSLs who boast more experienced advisers.

AMP LImited logo

AMP’s Alexis George accentuates the half-year positives

Mike Taylor 8 August 2025 No Comments

AMP chief executive, Alexis George, has sought to emphasise the positives for a business which she says is developing cashflow momentum.

Mergers and acquisitions

WTFG/Merchant JV accumulates more advice practices

Mike Taylor 8 August 2025 No Comments

Barely three months after announcing their JV, WTFG and Merchant Wealth have created a second advice practice acquisition vehicle.

Light bulbs with various words inside them such as training, education, growth, skill

FAAA adds to approved specialisations program

Yasmine Raso 8 August 2025 One Comment

Five key areas have been added to the FAAA’s approved specialisations program, enabling educators to provide an ‘FAAA Specialism’.


INDUSTRY NEWS

Essential roles your bond portfolio could play

Financial Newswire Contributor 23 June 2025

Industry News

No Comments

In moments of uncertainty, it is important to stop and reflect on the basic role of fixed income in a portfolio…

Power your growth with smarter registry solutions

Financial Newswire Contributor 19 June 2025

Industry News

No Comments

In a shifting market, growth starts with operational strength. Find out how the right transfer agency partner drives better experiences and outcomes.

Personal Medical Attendant Reports: Simpler, smarter, faster – now digital with Acenda 

Financial Newswire Contributor 2 June 2025

Industry News

No Comments

Acenda has launched digital PMARs – an Australian life insurance industry first – setting a new benchmark in underwriting efficiency.  

Retirees need to dial down risk and focus on income

Financial Newswire Contributor 26 May 2025

Industry News

No Comments

For investors nearing retirement this intense market volatility couldn’t be more poorly timed. A big loss now could leave them lacking later in life.


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AMP Tower Building

AMP’s subdued half-year result

Mike Taylor | 7 August 2025AMP Limited remains a work in progress with the company reporting a decline in NPAT despite some green shoots in platforms and super.
Complaint sign and gavel

Bad, inappropriate advice behind SMSF complaints surge

Mike Taylor | 7 August 2025SMSF Association blames 95% surge in AFCA SMSF complaints on conflicted advice and inappropriate advice rather than SMSF structures.
Court judgement

Reprimands, warnings and a few adviser suspensions

Mike Taylor | 6 August 2025Two years after it kicked off, the Financial Services and Credit Panel has delivered advisers reprimands, warnings and a few suspensions.
Finger of blame

Govt bail-out never an option with CSLR

Mike Taylor | 5 August 2025The design of the CSLR legislation is such that the Govt is under no obligation to undertake a bail-out - advisers must pay or clients must wait.
Business ethics morality word montage

Sequoia announcement unlikely to sway ASIC Shield investigation

Mike Taylor | 5 August 2025Regulatory governance and convention mean ASIC is unlikely to be swayed by Sequoia's appointment of former ASIC commissioner, Danielle Press.
$ blocks and balance sheet

WT Financial flags positive full year result

Mike Taylor | 5 August 2025WT Financial Group has flagged a solid full-year result on the back of organic growth in its national adviser network.
Men pushing boulder up steep hill

Mulino can spread CSLR special levy load, if he chooses

Mike Taylor | 4 August 2025Assistant Treasurer, Daniel Mulino has a range of options open to him to lighten the load on financial advisers of a special CSLR levy.
Three balances one

Big AFSLs don’t represent majority of advisers

Mike Taylor | 4 August 2025The largest AFSLs no longer dominate the Australian financial planning profession with most advisers now working for mid-to-small licensees.