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Proposed CSLR special levy cap would cost advisers $40m " but could save $28m - IFA
14+ hour, 50+ min ago (690+ words) It is no secret that the 2026-27 financial year is going to see costs for the Compensation Scheme of Last Resort (CSLR) blow out far beyond the already unsustainable level it reached this year. In November last year, the CSLR published…...
Why underinsurance poses danger for clients - IFA
1+ day, 11+ hour ago (417+ words) Image: stokkete/ adobe stock Life insurance to many is a very abstract concept. The idea of insuring oneself against worst'possible scenarios'is not only scary for most clients but'might'not'seem necessary." Price barriers'and the opaque nature of the industry for outsiders also…...
Why Zurich's life policy repricing will impact more than just i Extend clients - IFA
1+ day, 10+ hour ago (819+ words) At the end of March, Zurich announced a number of premium pricing updates that would take effect from 28 March onward. While most existing policies have had their premiums increased somewhere from 15-25 per cent, it is an entirely new premium class…...
Adviser banned over 3-month MWL stint - IFA
1+ day, 15+ hour ago (451+ words) ASIC has banned David'Lofthouse for advice provided while he was authorised by MWL Financial Services'from 10 August 2022 to 25 November 2022.' Lofthouse'advised six clients to'invest at least 75'per cent'of their superannuation savings into the High Growth class or the Growth class of the…...
Government announces 3 new CSLR and super system consultations - IFA
1+ day, 15+ hour ago (537+ words) On Wednesday morning, the government announced the latest step in its response to the Shield and First Guardian fund failures in the form of three new consultations. The aim, according to Financial Services Minister Daniel Mulino, is to deliver "broad…...
Realignment key theme as education deadline losses come into focus - IFA
1+ day, 15+ hour ago (350+ words) This contraction was overwhelmingly concentrated in December, when 413 advisers ceased their registration in a single month, as the 1 January 2026 education deadline triggered a wave of departures that the industry had been anticipating for years," Adviser Ratings said." This marks the…...
Riding the retirement wave: A strategic imperative for financial advisers - IFA
2+ day, 11+ hour ago (686+ words) As demographic, regulatory and economic forces converge, advisers are uniquely positioned to influence the financial security, wellbeing and confidence of a generation entering retirement. For years, advisers have excelled in guiding clients through the savings phase. But as the superannuation…...
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2+ day, 14+ hour ago (10+ words) Strong exam results offer lifeline for adviser numbers'ifa. com. au...
Integro expands WA footprint with Lighthouse merger, eyes east coast growth - IFA
1+ week, 16+ hour ago (452+ words) Integro Private Wealth has merged with Lighthouse Capital Southwest, strengthening its foothold in Western Australia while remaining open to further merger and acquisition opportunities. Financial adviser Travis Edwards joins Integro as part of the merger, alongside client service manager and…...
Managed accounts near $300bn as inflows top $21bn in H2 - IFA
1+ week, 17+ hour ago (447+ words) Managed accounts inflows exceeded $20 billion in the six months to 31 December, according to the latest biannual census from the Institute of Managed Account Professionals (IMAP), with the sector nearing $300 billion in funds under management (FUM). Inflows reached $21. 7 billion over the…...