ASIC’s ‘whack-a-mole’ problem with unlicensed advisers

Sarah-Court/ASIC/unlicensed-advice/financial-advice/enforcement/

ASIC’s Sarah Court has confirmed the regulator is carrying out systematic work on providers of unlicensed advice but admits it is a case of “whack-a-mole” when it comes to disciplining them.

Read more about:

AUTHOR

Determining effective pricing structures in advice

advice-fee/pricing/cost/

As more advisers review their fee structures, Business Health has shared six steps to calculating the price to deliver financial advice services in a profitable yet suitable way.

Read more about:

AUTHOR

Fidelity creates new leadership role in Australian team

fidelity/fund-management/appointments/

Fidelity International has looked internally to appoint a head of strategic sales and solutions for its Australian division, which is a newly created role for the business.

Read more about:

AUTHOR

Lonsec positions managed accounts for political storm

Lonsec-Research/lonsec/geopolitics/managed-accounts/market-volatility/

Lonsec’s deputy CIO Deanne Baker has highlighted what investment tools the firm is harnessing to mitigate the impact of geopolitical risks in its managed account offerings.

Read more about:

AUTHOR

Barings launches 2 private credit funds

private-markets/private-credit/fund-launch/

Global investment manager Barings has launched two private credit funds for Australian investors as advisers indicate an expectation of increasing allocations to private markets.

Read more about:

AUTHOR

E&P Financial Group shareholders vote on de-listing

e&p/E&P-Financial-Group/Dixon-Advisory/

Following an extraordinary general meeting today, Dixon Advisory parent company E&P Financial Group’s shareholders have voted on its proposed delisting from the ASX.

Read more about:

AUTHOR

Rhombus Advisory nears 500 advisers

Wealth-Data/adviser-numbers/insignia-financial/darren-whereat/

While overall financial adviser numbers have dipped below 15,500 this week, Rhombus Advisory is experiencing growth and approaching 500 advisers in its ranks.

Read more about:

AUTHOR

Xplan retains omnipresent position in software market

netwealth/XPLAN/iress/financial-planning-software/

Iress’ Xplan continues to dominate the financial planning software market with a multitude of uses, according to Netwealth research, despite newer players battling for a piece of the pie.

Read more about:

AUTHOR

Regulation delaying speed of super fund advice: Boal

Stephen-Jones/Deloitte/andrew-boal/financial-advice/

Deloitte’s Andrew Boal believes digital advice delivered by superannuation funds is years away yet from being able to solve the financial advice gap.

Read more about:

AUTHOR

Australian private markets manager detracts from Pacific Current FUM

Pacific-Current-Group/private-markets/funds-under-management/GQG-Partners/

Outflows from an Australian private markets fund manager have caused FUM at Pacific Current to decline by $1 billion in the last quarter.

Read more about:

AUTHOR

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

The succession dilemma is more than just a matter of commitments.This isn’t simply about younger vs. older advisers. It’...

3 months 1 week ago

Significant ethical issues there. If a relationship is in the process of breaking down then both parties are likely to b...

4 months ago

It's not licensees not putting them on, it's small businesses (that are licensed) that cannot afford to put them on. The...

4 months 1 week ago

AMP has agreed in principle to settle an advice and insurance class action that commenced in 2020 related to historic commission payment activity. ...

5 days 3 hours ago

Advice firms are increasing their base salaries by as much as $50k to attract talent, particularly seeking advisers with a portable book of clients, but equity offerings ...

3 weeks 4 days ago

ASIC has released the results of the latest financial adviser exam, held in November 2025....

1 week 4 days ago
moneymanagement logo