Taking the leap from associate to provisional adviser

education/provisional-advisers/students/financial-advice/licensees/professional-year/financial-adviser-examination/

Three advisers share their experience and guidance when stepping up from an associate role to a provisional financial adviser, including the responsibility of managing their own clients for the first time.

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Active Super found to have made misleading ESG claims

Active-Super/Superannuation/federal-court/greenwashing/vanguard/

The Federal Court has found Active Super made misleading representations regarding its ESG credentials, specifically around excluding Russian investments at the time of the Ukraine invasion.

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The fund manager M&A demand for private markets

private-assets/Centuria/GQG-Partners/Regal-Partners-Limited/

There have been four major deals in the private markets space since March as asset managers look to capitalise on the rapid growth in demand for alternatives.

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Former dealer group Libertas seeks to exit EDR scheme

sterling/Theta-Asset-Management/Libertas-Financial-Planning/AFCA/Sterling-Income-Trust/Sequoia/

Former dealer group Libertas Financial Planning has given notice to AFCA to cease membership of the body’s external dispute resolution scheme, meaning victims will no longer to file a complaint.

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AFCA chair reappointed for second term

AFCA/complaints/boards/

The board of AFCA has appointed Professor John Pollaers for a second three-year term.

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Sequoia announces EGM result

Sequoia/licensees/Garry-Crole/

Advice licensee Sequoia has revealed the outcome of its extraordinary general meeting where a group of shareholders sought to remove chief executive Garry Crole.

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ASIC clamps down on Australian Unity

ASIC/australian-unity/DDO/

ASIC has made an interim stop order preventing Australian Unity Funds Management from issuing or distributing interests in an income fund to retail clients after concerns over its reliance on a retail client questionnaire.

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Freshwater Wealth to scale up through adviser pipeline

financial-advice/new-business/Centrepoint/centrepoint-alliance/

Newly launched advice business Freshwater Wealth is doubling down on its growth strategy as it looks to scale up its adviser footprint and Sydney client base.

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The EOFY queries of advisers

end-of-financial-year/EOFY/BT/Bryan-Ashenden/

As the end of the financial year quickly approaches, BT’s Bryan Ashenden shares his top tips for financial advisers and their clients, based on advisers’ most common queries.

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Why didn’t ASIC target individual Dixon advisers?

Dixon/Dixon-Advisory/ASIC/enforcement/

ASIC has detailed to the Senate Economics Committee why it decided to pursue action against Dixon Advisory rather than the individual advisers involved in the wrongdoing.

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