Melbourne adviser banned for encouraging early super release

ASIC/early-release-of-superannuation/

| By Jasmine Siljic |

ASIC has banned Terence Rio Nugara, director of Skynet Financial Services, for obtaining $1.6 million from misleading clients and enabling the early release of superannuation.

Read more about:

ASIC

early release of superannuation

AUTHOR

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.

View articles by Jasmine

Jasmine 's social profiles:

E-mail Author

Former Olympian to lead Ord Minnett’s private wealth team

ord-minnett/hires/JBWere/olympics/

| By Rhea Nath |

People & Products

A former Olympic medallist with over 18 years of experience in financial services has been appointed head of private wealth at the national wealth management group.

Read more about:

AUTHOR

Rhea Nath

Rhea L Nath is a journalist at Money Management. She has previously worked as a business reporter with Dynamic Business and journalist in the multicultural media with Indian Link Media Group. In 2022, she was named Young Journalist of the Year at the NSW Premier’s Multicultural Communications Awards.

View articles by Rhea

Rhea 's social profiles:

E-mail Author

Relative Return: The real story behind financial services

Podcast/Relative-Return/

| By James Mitchell |

Editorial

In this episode, Momentum Media’s managing editor of financial services, Phil Tarrant, sits down with senior journalist and host, James Mitchell, to discuss the vision of Relative Return and the growth of Momentum’s financial services team.

Read more about:

Podcast

Relative Return

AUTHOR

James Mitchell

James Mitchell is a senior financial services reporter with over ten years experience. He has covered the Murray Inquiry, the Hayne royal commission and the evolution of Australia's financial intermediary sectors since 2011, with a focus on banking, superannuation, mortgages and wealth management.

View articles by James

James 's social profiles:

E-mail Author

The changing financial goals of Australian investors

EY/wealth-management/financial-advice/

| By Rhea Nath |

Financial planning

As financial goals evolve with market volatility, ensuring adequate income is no longer the number one priority for investors, according to EY Global Wealth Management Research.

Read more about:

wealth management

financial advice

AUTHOR

Rhea Nath

View articles by Rhea

Rhea 's social profiles:

E-mail Author

A state-by-state look at the adviser landscape

Adviser-Ratings/financial-advice/states/

| By Laura Dew |

Financial planning

The latest annual Adviser Ratings Landscape report has revealed state-wide statistics of which ones are coming out on top by increasing their clients and their funds under advice.

Read more about:

Adviser Ratings

financial advice

states

AUTHOR

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.

View articles by Laura

Laura 's social profiles:

Iress expands super fund digital advice offerings

iress/hostplus/industry-funds/

| By Rhea Nath |

People & Products

Hostplus and Industry Fund Services are the latest sign-ups to Iress’ new tool that combines digital advice with personalised financial education based on member demographics and preference data.

Read more about:

iress

hostplus

industry funds

AUTHOR

Rhea Nath

View articles by Rhea

Rhea 's social profiles:

E-mail Author

Perpetual Wealth Management buoyed by market rebound

Perpetual/Pendal-Group/

| By Charbel Kadib |

Funds management

Positive market movements have propelled a multibillion-dollar boost to the group’s wealth management business.

Read more about:

Perpetual

Pendal Group

AUTHOR

Charbel Kadib

Charbel is an experienced financial services journalist, previously serving as news editor of The Adviser and Mortgage Business. Prior to joining Money Management, he also covered defence and national security developments as news editor of Defence Connect, Cyber Security Connect, and Space Connect. Charbel graduated from the University of Notre Dame with a double major in politics and journalism.

View articles by Charbel

Charbel 's social profiles:

MLC managed accounts strategies hit $1bn FUM mark

managed-accounts/managed-investments/MLC-Asset-Management/

| By Rhea Nath |

Funds management

Less than three years since it was launched, MLC Asset Management’s managed account strategies have surpassed $1 billion in funds under management.

Read more about:

managed accounts

managed investments

MLC Asset Management

AUTHOR

Rhea Nath

View articles by Rhea

Rhea 's social profiles:

E-mail Author

Insignia adviser numbers thin amid model revamp

insignia-financial/renato-mota/Shadforth/bridges/

| By Charbel Kadib |

Financial planning

Insignia has announced it has changed the naming conventions used to describe its adviser channels, now divided into professional services, self-employed, and self-licensed.

Read more about:

AUTHOR

Charbel Kadib

View articles by Charbel

Charbel 's social profiles:

How an adviser gambled $3.4m of his clients’ cash

Gavin-Fineff/fraud/gambling/

| By James Mitchell |

Financial planning

Financial planner, Gavin Fineff, used his position as a trusted adviser to swindle a dozen victims and feed an insatiable gambling addiction that ultimately landed him in prison last week.

Read more about:

Gavin Fineff

fraud

gambling

AUTHOR

MARKET INSIGHTS

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

The succession planning dilemma for younger staff

3 days 7 hours ago

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

Working collaboratively with law firms to settle family disputes

4 weeks ago

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

Fixing the PY pipeline: Addressing the challenge for licensees

1 month ago

Melbourne adviser banned for encouraging early super release

AUTHOR

Jasmine Siljic

Jasmine 's social profiles:

Former Olympian to lead Ord Minnett’s private wealth team

AUTHOR

Rhea Nath

Rhea 's social profiles:

Relative Return: The real story behind financial services

AUTHOR

James Mitchell

James 's social profiles:

The changing financial goals of Australian investors

AUTHOR

Rhea Nath

Rhea 's social profiles:

A state-by-state look at the adviser landscape

AUTHOR

Laura Dew

Laura 's social profiles:

Iress expands super fund digital advice offerings

AUTHOR

Rhea Nath

Rhea 's social profiles:

Perpetual Wealth Management buoyed by market rebound

AUTHOR

Charbel Kadib

Charbel 's social profiles:

MLC managed accounts strategies hit $1bn FUM mark

AUTHOR

Rhea Nath

Rhea 's social profiles:

Insignia adviser numbers thin amid model revamp

AUTHOR

Charbel Kadib

Charbel 's social profiles:

How an adviser gambled $3.4m of his clients’ cash

AUTHOR

James Mitchell

James 's social profiles:

Never miss the latest news and developments in wealth management industry

Trump, tariffs, and turmoil: Why investors are seeking alternatives

Bancara: The Future of Wealth, Built for Those Who Live Without Limits

The First 90 Days as a Sole Trader: Setting Up For Long-Term Success

Smart finance is the key to winning in the property investment surge

MARKET INSIGHTS

Podcast

OUR PLATFORMS AND BRANDS

EVENTS AND SUMMITS

PODCASTS

LEARNING AND EDUCATION

MOMENTUM MARKETS NETWORK

STAY CONNECTED

USEFUL LINKS

OUR PLATFORMS AND BRANDS

EVENTS AND SUMMITS

PODCASTS

LEARNING AND EDUCATION

MOMENTUM MARKETS NETWORK

LINKS

CATEGORIES

STAY CONNECTED