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ASIC permanently bans Brite Advisors responsible manager

ASIC permanently bans Brite Advisors responsible manager

ASIC has permanently banned the responsible entity for the former Brite Advisors, Gerard Duffy, noting his relationship with AFCA.
Enforce existing advice regulation, don’t layer new ones

Enforce existing advice regulation, don’t layer new ones

The Advisers Association says that rather than layering advisers with more regulation it should be ensuring the existing regime is enforced.
Spotlight on investment advice as leader nabs top gong at awards

Spotlight on investment advice as leader nabs top gong at awards

The Woman of the Year 2026, LGT Wealth's Michelle Inns, was recognised for her work to promote gender equality and women's financial security.
Neil Gellett

AZ NGA makes senior appointments

Mike Taylor 9 June 2026 No Comments

MLC’s former head of Managed Accounts and Alternatives, Neil Gellett, has been named amongst a raft of senior appointments at AZ NGA.

Unfair trading

Apply unfair trading prohibition to financial services – ACCC

Mike Taylor 5 June 2026 4 Comments

The ACCC has told a Senate Committee that financial products and services should be exposed to the general unfair practices prohibition.

Departure

Count exits limited advice

Mike Taylor 5 June 2026 One Comment

The decision by Count Limited to exit limited advice has seen it lose 26 advisers this week, bringing total losses from the FAR to 35.

Good governance

Lonsec launches governance offer amid product failures

Mike Taylor 5 June 2026 No Comments

Research and ratings house, Lonsec, has developed a new governance solution to help licensees avoid entanglement in fund failures.

AMAFA taps Human Financial for adviser solutions

Binaya Dahal 5 June 2026 No Comments

AMAFA’s Keith Marshall said the deal represents a natural evolution of firm’s commitment to supporting financial advisers.

But for

CSLR reform common denominator: Dump AFCA’s ‘but for’

Mike Taylor 4 June 2026 4 Comments

There is an almost totally unanimous view that the AFCA’s “but for’ approach should be jettisoned from CSLR compensation assessments.

David Hentschke

Sequoia appoints Hentschke to board

Mike Taylor 4 June 2026 No Comments

Under scrutiny Sequoia Financial Group has named former Iress executive, David Hentschke as its new non-executive board member.


INDUSTRY NEWS

Where can investors with maturing bank hybrids go?

Financial Newswire Contributor 28 May 2026

Industry News

No Comments

With the phasing out of bank hybrids, where will investors with near term maturities go for regular income accessible on the ASX? Discover potential..

Trade Finance whitepaper: Access uncorrelated alpha potential

Financial Newswire Contributor 5 June 2026

Industry News

No Comments

Trade finance has demonstrated resilience across global shocks, combining short‑duration, self‑liquidating structures with historically low volatility

Investing Across the Bond Market Cycle

Financial Newswire Contributor 1 June 2026

Industry News

No Comments

With government debt at record highs, what other areas of the bond market could potentially enhance a portfolio’s defensive characteristics?

Re-thinking TPD: Why Severity Matters More Than Ever

Financial Newswire Contributor 1 June 2026

Industry News

No Comments

From an interview with MyRisk Adviser, this article explores how TPD Severity can support clearer advice and better client outcomes.


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Unhappy older dude with clock

Auditor General critical of Treasury’s FOI Fridays

Mike Taylor | 3 June 2026The Department of Treasury, author of the CSLR legislation, has been smacked by the Auditor-General over its handling of FOI requests.
Urgent

Industry funds increase Govt pressure on DBFO

Mike Taylor | 2 June 2026The Super Members Council has told Treasury the second tranche of DBFO is a matter of urgency to avoid another Shield, First Guardian.
Mergers & acquisitions

Centrepoint acquires Cairns Wealth, Pinnacle Wealth

Mike Taylor | 2 June 2026Centrepoint Alliance has grown its Queensland presence via the acquisition of Cairns Wealth and Pinnacle Wealth.
Worried retired couple

Retirement readiness in crisis as financial pressures mount: CFS

Yasmine Raso | 2 June 2026A crisis of financial confidence has taken hold of Australians when it comes to retirement, according to new CFS research.
Arm-wrestling lawyers

ASIC’s legal agenda runs down public purse

Mike Taylor | 1 June 2026Outgoing ASIC chair, Joe Longo, proudly boats the regulator is in court nearly every day but admits it has run-down the funding account.
Global fund

Aussie family offices use US for AI access

Mike Taylor | 1 June 2026In another indicator of geopolitical and economic uncertainty, 60% of family offices are prepared to change their strategic asset allocation.
Departures board

InterPrac adviser exodus continues

Mike Taylor | 29 May 2026Sequoia Financial Group's InterPrac has continued to lose financial advisers, with a further seven departures taking Sequoia to 161 advisers.

Real wages slump leaves Gen X financially drained

Binaya Dahal | 29 May 2026Citro's Toby Ellis said the Generation X is resilient and capable, but tired, under-recognised and coping rather than thriving.