‘Industry needs to get smarter faster’: Capital Preferences

digital-advice/qoa/risk-management/

Technology and research firm Capital Preferences is launching a program in Australia with several advice firms to uncover the risk preferences of their clients and how they match with portfolios.

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Financial services giants fork out $5bn for advice remediation

remediation/ASIC/financial-advice/

Australians impacted by misconduct in the financial advice space have received just under $5 billion in compensation from six of the largest banking and financials services entities.

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CountPlus to acquire TAL financial advice licensee

Countplus/TAL/licensees/

The strategic acquisition would add over 100 advisers to its national community and bolster CountPlus’ wealth segment.

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ETFs increasingly popular amongst female investors: BetaShares

ETFs/BetaShares/female-investors/

Women are utilising exchange traded funds to build diversified and cost-effective investment strategies, which could lead to greater gender parity, says BetaShares.

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Treasury ordered to publish ASIC probe findings

ASIC/treasury/senate/

The Senate has ordered Treasury to disclose a confidential report detailing findings from a probe into alleged misconduct by ASIC's deputy chair.

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Which advice model attracts the most female advisers?

Wealth-Data/female-advisers/Colin-Williams/adviser-movement/Women-in-Business/

With recent data finding female advisers represent just 23% of total advisers, Wealth Data has revealed which advice models attract the most women.

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AIA Australia appoints four regional managers

appointment/AIA-Australia/insurance/

The health and wellbeing specialist bolstered its investment into financial advice with a newly formed managerial team in its Retail Distribution business.

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Franking credit reforms face Senate scrutiny

taxation/treasury/franking-credits/

A Senate committee is set to scrutinise the Albanese government's proposed franking credit tax changes.

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FPA voices reservations about proposed CSLR and FAR legislation

financial-advice/CSLR/compensation/

While acknowledging the importance of an effective compensation scheme, the Financial Planning Association of Australia has highlighted concerns around the legislation introduced into Parliament.

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Govt launches consultation on MIS regulatory framework

managed-investment-scheme/Stephen-Jones/treasury/

The Government has announced it will launch a consultation into the regulatory framework for managed inv

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