Count network expands with former Insignia advice firm

insignia financial Countplus M&A South Australia rural

A former Insignia advice firm Murray Nankivell, specialising in providing advice in regional South Australia, has joined the Count licensee.

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Candidates react to ‘tough’ new advice exam structure

financial adviser examination exam ASIC professional year graduate

With the first financial adviser exam of the year under the new structure held on 26 March, candidates have described it “tough” despite changes – meaning questions are multiple-choice.

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FAAA warns of ‘significant extra work’ from QAR fee change

quality of advice review financial advice Sarah Abood

FAAA chief executive, Sarah Abood, has warned changes in first tranche of the QAR legislation around advice fees documentation could create more work for advisers rather than less.

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Insignia clings onto second-largest advice licensee position

Wealth Data insignia financial insignia count group adviser numbers

Insignia Financial is holding ‘relatively steady’ onto its rank as Australia’s second-largest financial advice licensee after the Godfrey Pembroke exit but Count is hot on its heels.

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Verdict in for ASIC's first greenwashing case against Vanguard

vanguard ASIC greenwashing ESG federal court

The Federal Court has issued its verdict in ASIC's first greenwashing case against Vanguard Investments Australia regarding the use of ESG exclusionary screens.

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A busy Q1 for ASIC advice action

AFSL Sydney ASIC banning licence cancellation

As the first quarter of 2024 comes to a close, Money Management looks back on the corporate regulator’s bans and AFSL cancellations in the financial advice sector.

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Relative Return: Challenging consumers’ investment behaviour

Podcast Relative Return

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Briggs joins speaker line-up at Australian Wealth Management Summit 2024

economy FSC Blake Briggs

The FSC CEO will join a long line-up of renowned speakers at the inaugural summit. 

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Liberal senator hits out at excessive financial advice costs

Parliament senate financial advice costs quality of advice review

Liberal senator Slade Brockman has said the government needs to have a “cold hard look” at the level of regulation in the financial advice space and the costs of running a business.

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MARKET INSIGHTS

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

1 month 1 week ago

This verdict highlights something deeply wrong and rotten at the heart of the FSCP. We are witnessing a heavy-handed, op...

1 month 2 weeks ago

Interesting. Would be good to know the details of the StrategyOne deal....

1 month 3 weeks ago

SuperRatings has shared the median estimated return for balanced superannuation funds for the calendar year 2024, finding the year achieved “strong and consistent positiv...

4 days 13 hours ago

Insignia Financial has confirmed it is considering a preliminary non-binding proposal received from a US private equity giant to acquire the firm. ...

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Six of the seven listed financial advice licensees have reported positive share price growth in 2024, with AMP and Insignia successfully reversing earlier losses. ...

3 weeks 3 days ago