3+ day, 5+ hour ago  (271+ words) moneymanagement. com. au AFSLs must fix reactive AR governance models: AFCA AFCA has called out licensees for an over-reliance on reactive mechanisms for adviser supervision while reiterating that they are ultimately on the hook for ensuring adequate compliance guardrails are…...

3+ day, 5+ hour ago  (466+ words) The'Melbourne family office team of the Adelaide-headquartered advice firm, run by Ivan Rados, had worked together for seven years but'Rados said it has'now opted to branch off on its own.' Stellan chief executive, Jim De Carlo, said: "After seven years…...

3+ day, 5+ hour ago  (445+ words) For Australian financial advisers, this environment reinforces the importance of guiding clients toward a more selective and disciplined approach to private credit, with a strong focus on manager'selection. Outcomes are likely to depend less on simply accessing the asset class…...

2+ day, 21+ hour ago  (436+ words) AI may be touted as the solution for all problems but clients say they would pay less for financial planning if the firm discloses it uses AI." According to a US report by fund manager Janus Henderson of 1, 000 affluent and…...

3+ day, 8+ hour ago  (263+ words) Rodney Forrest was charged with trading and'procuring'others to trade Platinum shares in August and September 2024 while in possession of insider information relating to a takeover offer. ASIC alleged he'acquired'around $2. 6'million'of Platinum shares while in possession of the inside information.' Forrest…...

4+ day, 5+ hour ago  (617+ words) As advisers continue to jump ship from Sequoia's Inter Prac, many are finding a new home with smaller licensees." It's"no secret the now-disgraced AFSL has been struggling since the Shield and First Guardian collapses which have embroiled Inter Prac…...

4+ day, 5+ hour ago  (236+ words) Platform commentators are'on'divided whether the industry is ripe for consolidation in the same way as other financial services sectors.' Speaking on a panel at the Stockbrokers and Investment Advisers Association (SIAA) conference in Melbourne'this week, a trio of commentators discussed…...

4+ day, 3+ hour ago  (365+ words) Shifting client expectations are pushing traditional "stockbroker" firms to reevaluate their value proposition toward financial advice, according to a study, while growth in the high-net-worth (HNW) segment is making it even more attractive for businesses." A survey of 100 advisers from…...

4+ day, 6+ hour ago  (294+ words) Allianz Retire+ has developed a "Two Chapter Retirement" after finding decision paralysis is hindering people"s future retirement." Many retirees can afford a comfortable retirement, it said, but are hesitating to spend their income, delaying their"decisions"and defaulting to…...

4+ day, 2+ hour ago  (487+ words) The Australian Wealth Advisors Group(AWAG)has increased its stake in Centrepoint Alliance to 17. 1 per cent, bringing it closer to the threshold for corporate activity. The firm previously had a stake in the advice licensee of 15. 1 per cent but this…...