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Wrong number

ASIC reveals 2023 decisions on lead generator activity

Mike Taylor 16 October 2025

Despite lead generators being a factor in encouraging investments in the Shield and First Guardian funds, the Australian Securities and Investments Commission (ASIC) has admitted it did not seek assistance from the Australian Competition and Consumer Commission.

Rather, ASIC has told a Parliamentary Committee that it met in October, 2023,…

Businessmen pointing to smaller and smaller version

ASIC’s Kirkland urges advisers to hold peers to account

Mike Taylor 16 October 2025

The Australian Securities and Investments Commission (ASIC) is urging financial advisers to dob-in their peers if they believe they are doing the wrong thing.

ASIC Commissioner, Alan Kirkland said advisers are in a unique position to recognise when someone had been the victim of poor advice.

Addressing an Institute of…

Novigi acquires AI specialist, Turning Point

Mike Taylor 16 October 2025 No Comments

Data and technology services company, Novigi, has grown its AI consulting and implementation capability by acquiring Turning Point Advisory.

ETF fund launch

PIMCO brings new active ETF to market

Yasmine Raso 16 October 2025 No Comments

PIMCO has added to its suite of ETFs available via local exchanges with a new option offered as an alternative to cash and term deposits.

Jigsaw rebranding

Mercer parent company rebrands, launches new tech division

Yasmine Raso 16 October 2025 No Comments

The parent company behind Mercer has announced it will rebrand from Marsh McLennan to simply Marsh from January next year.

Global acquisition

SS&C Technologies finalises $1b Calastone acquisition

Yasmine Raso 16 October 2025 No Comments

SS&C Technologies has confirmed that its planned acquisition of Calastone has been finalised for approximately US$1.03 billion.

INDUSTRY NEWS

AI efficiency means more time for advice

Financial Newswire Contributor 9 October 2025 No Comments

Powered by AI, MLC Expand’s new automation feature intelligently populates clients’ advice fees from their Client Service Agreement 

Emerging Markets Equities – The missing piece in your portfolio?

Financial Newswire Contributor 1 October 2025 No Comments

Emerging Markets (EM) are outperforming both developed and US equities this year. Find out why EM Equities deserve a bigger piece in your portfolio.

61% of members consider security a key reason to stay with their super fund

Financial Newswire Contributor 1 October 2025 No Comments

As Australia’s superannuation funds come under increased scrutiny from more sophisticated cyberattacks and scams across the financial sector,

Discover the lessons from 40 years in markets

Financial Newswire Contributor 1 October 2025 No Comments

Join Paul Moore, CIO of PM Capital, live as he reflects on 40 years in markets and the lessons for investors today.

takeover

Lederer Family Office asserts control of Elanor fund

Mike Taylor 15 October 2025 No Comments

The Lederer Family Office has taken substantial control of the Elanor Commercial Property Fund claiming stakeholder support.

GARP ETF

Ausbil grows active ETF range available on ASX

Yasmine Raso 15 October 2025 No Comments

To meet investor appetite for ETFs, Ausbil has repackaged a further two global strategies into ETF format and launched them on the ASX.

Retirement calculator

60/40 strategy leaves women retirees in “greater financial strain”

Yasmine Raso 15 October 2025 2 Comments

Monash University research found the traditional 60/40 investment strategy places women under “greater financial strain” than men.

Mergers and acquisitions

AZ NGA increase stake in WA financial planning practice

Yasmine Raso 15 October 2025 No Comments

AZ NGA has followed through on its intentions to grow its stake in select financial advice businesses as part of its 2024 AMP acquisition.

Keys unlocking a book

ASIC finds super funds falling short on retirement comms

Mike Taylor 14 October 2025 2 Comments

ASIC has delivered a new report finding major super funds are falling significantly short in tailoring retirement communications for members.

Anthony Albanese

PMO interest in $3m super – Just coincidence?

Mike Taylor 14 October 2025 No Comments

Treasury officials last week told Senate Estimates the PMO was taking an interest in the $3 million super tax cap policy. Then it changed.

Australian Parliament

Chalmers caves on taxing unrealised capital gains

Mike Taylor 14 October 2025 One Comment

Treasurer, Jim Chalmers has announced key concessions around the $3 million super tax cap entailing indexation and unrealised capital gains.

Finger pressing red keyboard button with Enhance written

How a third of platform TDPs passed the performance test

Mike Taylor 14 October 2025 2 Comments

New analysis from Morningstar has confirmed the degree to which platform super TDPs are leveraging fees to ensure performance test passes.