ASIC has permanently banned a Sydney-based adviser for changing the result of his financial adviser exam and sending the altered certificate to his licensee.
The desire to support under-50s with their wealth creation has led this adviser to open his own firm targeting that demographic.
A survey of Australian wealth managers has revealed fears around clients making compensation claims after failing to understand their risk suitability, with firms expecting the regulator to toughen up.
The country's financial regulators have sought to temper fears of a crisis following the collapse of three US banks.
When it comes to human interest stories, the Australian Prudential Regulation Authority is keen to let the organisations it regulates know its staff are more than just faceless automatons.
When it comes to a business merger, achieving the voting approval can be just the first step.
Outsider is hopeful of the news from advice firm Invest Blue that it is trialling a move to a nine-day fortnight for its staff.
There is a “strong intent” by advice firms to increase their use of technology and integrate it into their business, according to Adviser Ratings.
The Australian Financial Complaints Authority received over 1,700 complaints last year related to the collapse of Dixon Advisory, representing three-quarters of total investment and advice complaints.
Aviva Investors has appointed Nick Molho in a newly-created role of head of climate policy.
