A growing trend in the platform space is determining how to look after individuals who have been orphaned by their advisers, according to Investment Trends.

Clime Investment Management has announced its latest appointment to strengthen its private credit and property capabilities ahead of planned product enhancements.

Praemium research has uncovered that less than one in 10 financial advice practices have a formal, documented intergenerational wealth transfer strategy in place.

The regulator has convened multiple sitting panels of the FSCP regarding AFSL breach reports which have identified poor superannuation advice from financial advisers.

One licensee has lost 27 advisers in the past week, now sitting at zero, according to the latest Wealth Data figures.

AFCA remains firm on its stance that industry failures occurring in the financial advice sector are fundamentally an advice issue, rather than a product issue.

The corporate watchdog is suing FIIG Securities for alleged failures in its cyber security measures, describing the matter as a “wake-up call” to all licensees.

Iress has made two appointments to its APAC wealth product and technology teams, one who joins from a superannuation fund and the second from accounting software platform Xero.

Principal Asset Management has appointed a global head of real estate research and strategy.