Where the CSLR pays compensation to an eligible consumer in relation to an AFCA determination and notifies ASIC of the details of the firm that failed to pay the compensation, ASIC must cancel the AFS ...

Advice professionals are being encouraged to proactively engage with their staff on mental wellbeing, with a new report finding a surge in employee exhaustion and stress over the past year. The ...

The Financial Advice Association Australia (FAAA) has shared its plans for the next five years, with a focus on growing the profession and co-regulation by 2030. Speaking at the organisation’s annual ...

The FAAA’s Phil Anderson believes the problem with Dixon Advisory is “much bigger than an advice issue” and the levy to pay for it should be expanded beyond the financial advice sector. Speaking at ...

ASIC commissioner Alan Kirkland says the problems regarding advisers recommending clients in the troubled Shield Master Fund are far from an “isolated incident”. Speaking at the FAAA annual conference ...

The average managed fund fee has declined by a third over the past 10 years, however new analysis from InvestSMART suggests this has not necessarily translated to them outperforming their benchmark.

The Ausbil Active Dividend Income strategy is set to debut as an exchange-traded fund (ETF) in the Australian market next year. Focusing on maximising dividend income and franking credits, the ...

A new survey has found advisers are planning to increase allocations to global equities as well as Australian small caps in the next six months, however they believe high valuations in the market ...

In this episode of Relative Return Unplugged, co-hosts Maja Garaca Djurdjevic and Keith Ford are joined by Money Management editor Laura Dew to dissect some of the submissions that industry ...

As cost-cutting programs across the wealth management industry drive a rise in redundancies, a recruitment consultant suggests highly regarded talent could soon see their loyalty tested in an ...

The Federal Court has found company director Sasha Hopkins guilty of operating unregistered managed investment schemes and carrying on a financial services business without holding an AFSL. Hopkins ...

Centrepoint Alliance has announced a service partnership with self-managed superannuation fund (SMSF) solution provider SuperConcepts. This will provide access to SMSF administration solutions to over ...