 EMANUEL KAZOULLIS | FRIDAY, 16 MAY 2025 Having an Australian Financial Services (AFS) licence is a bit like hosting a dinner party, where the Australian Securities and Investments Commission (ASIC) is an uninvited guest who will still critique your food, judge your table settings and leave ... Read more  DAVID COURT | FRIDAY, 7 MAR 2025 The distinction between wholesale and retail clients is a fundamental part of Australia's financial services laws. Read more  CHRISTOPHER OVERTON | FRIDAY, 28 FEB 2025 Sometimes personal situation becomes desperate, leading to a member wanting to access the superannuation monies trapped in their superannuation fund. Read more  SAMANTHA HILLS | FRIDAY, 17 JAN 2025 It pays to understand super trustees' obligations as modified by the Treasury Laws Amendment (Delivering Better Financial Outcomes and Other Measures) Act 2024 (the DBFO Act), when it comes to advice fees. Read more SAMANTHA HILLS | FRIDAY, 13 DEC 2024 Licensees who provide financial product advice in relation to general insurance, life insurance or consumer credit insurance will be familiar with the exemption from conflicted remuneration for commissions on these products. Read more SAMANTHA HILLS | FRIDAY, 6 DEC 2024 The big-ticket item for advice licensees resulting from the Treasury Laws Amendment (Delivering Better Financial Outcomes and Other Measures) Act 2024 (the DBFO Act) is the changes made to ongoing fee arrangements (OFAs). Read more  VALESKA BLOCH , DAVID ROUNTREE , EMILY CRAVIGAN , MADDISON RYAN , EMILIANA GALLEGO , ISOBEL MCKENZIE , MICHAEL THOMAS , GAVIN SMITH , LAUREN HOLZ | FRIDAY, 25 OCT 2024 The Australian Government has introduced into Parliament the first tranche of reforms to the Privacy Act 1988 under the Privacy and Other Legislation Amendment Bill 2024 (the Bill). Read more  LYNDA DOWLING | FRIDAY, 20 SEP 2024 The Spam Act 2003 (Spam Act) applies to most Australian businesses, including financial services, that send commercial messages for marketing or other purposes. Read more  SHANE FLATMAN | FRIDAY, 6 SEP 2024 As the 21 October 2024 deadline for the Australian Securities and Investments Commission's (ASIC) game-changing updates to over-the-counter (OTC) derivative transaction reporting looms, Australian financial institutions need to prepare for a seismic ... Read more  ROD ALDUS , TIM STEWART , YU ZHANG , KIRSTY PRINSLOO , LENNARD BREMER , ALEXANDRA MASON | FRIDAY, 16 AUG 2024 The Australian Securities and Investment Commission (ASIC) has released guidance clarifying its expectations in relation to a bank, or other intermediary, pre-hedging derivative exposures. Read more |
Latest News
NCAs unlikely to solve retirement advice gap: HUB24, CFS
|HUB24 and Colonial First State (CFS) say the New Class of Advisers (NCA) will unlikely solve the retirement advice gap Australians face, noting the focus needs to be on helping reduce friction for those with complex advice needs.
Advised cover faces claims data test
Group superannuation insurance appears to outperform individual advised cover on some claim's measures, raising questions about the value of advice when it comes to protecting clients against disability.
ASIC stalls Sequoia bid to ditch cross guarantee deed
ASIC is again putting up roadblocks to Sequoia Financial Group's attempt to revoke the deed of cross guarantee with InterPrac Financial Planning, asking more questions and requesting more information before the group rids itself of all liabilities arising from the Shield and First Guardian disaster.
Praemium's new leadership toughens earnings yardstick
Praemium's new leadership will be keeping a close eye on costs, with new chief executive Denis Orrock noting he will make sure the technology upgrade underway translates into stronger earnings and better returns for shareholders.
Further Reading
Cover Story
Advice with soul
SACHA BURCHGART
FOUNDER & MANAGING DIRECTOR
BURCHEART PTY LTD
FOUNDER & MANAGING DIRECTOR
BURCHEART PTY LTD
Though she initially tried, Sacha Burchgart couldn't escape the call of a career in financial advice; it just took staring down her own mortality to see what's possible when you do things differently. Jamie Williamson writes.
Expert Feed
How technology is turning tax complexity into client clarity
What used to be a relatively simple back-of-the-envelope calculation is now much more challenging, Morningstar says.
Why Australia's financial advisers will be more valuable in 10 years, not less
Despite a rise of innovative solutions across the wealth management sector, financial advisers will prove valuable for in-person advice.
What America's $1 trillion direct indexing boom tells us about the evolution of MAs
What Australia can learn from direct indexing, a tax-efficient form of managed accounts utilised in the US.
Stonepoint is another lesson in fund governance and investor protection
The demise of the Stonepoint Capital Fund may have gone under the radar for many, but proves an important point for independent governance when examined.
