ASIC has cancelled the AFSL of a Sydney-based advice firm, describing how it demonstrated “competency failures” in its activities.
Wealth managers are underestimating the client demand for alternatives, according to EY, and those who can integrate a full range into investment propositions stand to gain a competitive advantage over their peers.
Morningstar behavioural scientist Ryan Murphy has shared the top annoyances held by clients towards their financial advisers and how it could impact their ongoing relationship.
Advice technology solution intelliflo has launched a fee consent screen to provide financial advisers with enhanced fee tracking abilities, responding to latest DBFO legislation.
La Trobe Financial has announced the launch of an ASX-listed private credit fund, offering a new funding avenue for the firm.
The financial services company has welcomed two independent non-executive directors to its board, while also announcing the upcoming departure of another board member.
Spending by the Compensation Scheme of Last Resort in FY25 is expected to be less than the $24 million it had previously estimated, the body has announced.
The rise of artificial intelligence (AI) is a “massive enabler” for Australia’s investment platforms, says HUB24 and Netwealth, as they seek to lead this technological disruption.
The industry body has expressed its strong opposition towards ASIC's plans of publishing reportable situations data, describing it as a “completely inappropriate use of data”.
In conjunction with the accounting associations, the FAAA has released a comprehensive guide breaking down what advisers need to know about tax deductibility of advice fees for their clients.
