Call to embrace career changers entering advice

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The financial advice profession should be embracing career changers and mature students, according to two commentators, as well as targeting those new graduates.

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Licensee battle heats up as Millennium3 deal completes

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With Insignia’s sale of Millennium3 now completed and seeing 140 advisers move over to WT Financial on Friday, this could cause a shift in which licensee closes out the year with the most advisers.

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FSCP cancels insolvent adviser’s registration

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A financial adviser has been banned from giving personal advice to retail clients until 2025 after the FSCP found there is a “real risk of harm” to the public’s confidence in the industry if he remains registered.

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Perpetual rebuffs $3bn bid from Washington H. Soul Pattinson

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Perpetual has rejected a $3 billion acquisition bid from Washington H. Soul Pattinson (WHSP) as it announces a strategic review of its company.

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First chief executive named to lead CSLR regime

CSLR/AFCA/complaints/compensation-scheme-of-last-resort/

The Compensation Scheme of Last Resort’s transitional board has appointed its first chief executive alongside a non-executive director in the lead up to its scheduled commencement in April 2024.

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Associations divided on impact of Jones’ QAR advice reforms

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While the FSC largely supports the final tranche of Delivering Better Financial Outcomes reforms, the FAAA is “deeply concerned” about possible negative implications of the new ‘qualified adviser’ term.

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Founding member leaves as AFCA appoints replacement

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The Australian Financial Complaints Authority has welcomed a new member to its independent board as it announces the departure of a founding member.

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Relative Return: Navigating the ETF space

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In this episode of Relative Return, James Harwood, senior portfolio manager at Russell Investments, joins host Phil Tarrant to discuss the burgeoning ETF space and how the asset class can form part of an investment portfolio.

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New look for advice documentation as SOAs scrapped

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Unveiling the final tranche of Delivering Better Financial Outcomes, Minister for Financial Services, St

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