With finfluencer Tyson Scholz receiving a permanent injunction, a global regulatory report, co-chaired by ASIC, has shed light on what the future could look like for finfluencers and the firms who work with them.
The Association of Independently Owned Financial Professionals has shared insights from its meetings with the Treasury regarding the Quality of Advice Review, where it strongly disagrees with Michelle Levy’s proposals.
Analysis of trading behaviour of the SelfWealth cohort found banking trades increased significantly in March, despite the crash of Silicon Valley Bank and Credit Suisse, with the majority buying rather than selling.
A global survey of more than 70 ETF executives has recorded massive optimism for the market and the “untapped potential” it offers investors.
Whilst having technical knowledge is crucial, this adviser suggests that being an emotional rock to clients should be the top priority.
There are still over 3,000 financial advisers on the Financial Advisers Register (FAR) who are without a degree and expect to rely on the experience pathway to continue their careers.
The Federal Court has issued a permanent injunction against finfluencer, Tyson Scholz, to prohibit him from carrying on a financial services business.
The financial services ombudsman has secured $1 billion in compensation and refunds for consumers since 2018 and is on track to receive close to 100,000 complaints this financial year.
A former Brisbane-based financial adviser has been permanently banned from any involvement in financial services.
The ETF provider has launched the Australia ex Financial & Resources ETF, offering a way for investors to diversify their Australian equity exposure away from the major players.
