ASIC issues fresh warning to licensees on FAR deadline

ASIC/far/financial-advice/regulation/

| By Jasmine Siljic |

With more than 4,600 advisers yet to meet the qualifications standards, the corporate regulator has once again urged relevant providers to check their Financial Advisers Register status.

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Jasmine Siljic

Jasmine Siljic is a journalist at Money Management. Prior to joining MM, she also worked across other Momentum Media brands as an intern and cadet journalist. She recently completed a Bachelor of Media and Communications at Macquarie University.

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Client profitability key as advisers navigate growing cost to serve

Wealth-Data/cost-of-advice/fees/profitability/

| By Jasmine Siljic |

Financial planning

The days of financial advisers being “all things to all people” are behind us, according to this founder, as the cost to serve passes $4,000.

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Jasmine Siljic

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ESG recruitment pace steadies amid long-term demand

Kaizen-Recruitment/ESG/recruitment/salary/sustainable-investing/

| By Jasmine Siljic |

Funds management

ESG professionals are reporting salaries as high as $500,000, with the ESG hiring space welcoming greater stability following a transformative period.

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Jasmine Siljic

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Aussie advisers drive retirement confidence to 5-year high

ssga/State-Street-Global-Advisors/state-street-global-advisers/retirees/

| By Jasmine Siljic |

Financial planning

Advised individuals are exhibiting higher optimism and confidence regarding their retirement, SSGA has found, with Australia ranking second for retirement preparedness.

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Jasmine Siljic

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AUSIEX completes FIIG acquisition, focus on adviser expansion

AUSIEX/FIIG-Securities/M&A/technology/fixed-income/

| By Laura Dew |

Funds management

AUSIEX has completed its acquisition of fixed income provider FIIG Holdings, aiming to increase the number of products and services it offers for advisers.

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Laura Dew

Laura Dew is editor at Money Management. Prior to joining MM, she spent five years working at Investment Week in the UK, covering asset and wealth management.

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Advice M&A in Q2 outpacing previous quarter

financial-advice/M&A/merger-and-acquisition/Pitcher-Partners/

| By Laura Dew |

Financial planning

With LGT Crestone completing its acquisition of CBA’s advice firm this week, advice deals in the second quarter of 2025 are already outpacing the previous one with one month still to go.

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Laura Dew

Laura Dew is editor at Money Management. Prior to joining MM, she spent five years working at Investment Week in the UK, covering asset and wealth management.

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Iress completes superannuation business divestment

iress/M&A/apex/

| By Jessica Penny |

Financial planning

The financial services software firm has confirmed the finalised sale of its superannuation business to Apex Group as it increases focus on other key functions within the company.

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Jessica Penny

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Aussies eager for legislative reform to boost advice access

CFS/colonial-first-state/financial-advice/accessibility-of-advice/

| By Jasmine Siljic |

Financial planning

Two-thirds of Australians would like to see legislative change to enhance the accessibility of financial advice, according to CFS, with those aged 40–49 being the most eager for improvements.