New analysis from Wealth Data has revealed that some 175 advisers have been affected by disciplinary actions over the last nine years.

The first week of the Insignia Financial class action case has seen allegations of misconduct, insider trading, front running and failures to manage conflicts of interest.

With advice practices recording a slight uplift in profitability after years of decline, Business Health has outlined five key trends contributing to the change.

An unlicensed financial adviser, Monica Kaur, has been permanently restrained from carrying on a financial business and her unregistered managed investment has wound up by the Federal Court.

AMP is selling its SuperConcepts self-managed superannuation fund admin and software business with 500 employees to transfer out of AMP.

Intelliflo chief executive, Nick Eatock, has discussed the firm’s official launch into the Australian market and why his experience in the UK means he is hopeful adviser numbers will bounce back.

EXCLUSIVE As clients increasingly seek sustainability-related products and funds, advisers who recommend them could eventually fall under the greenwashing purview of regulators, industry experts suggest.

A former chief executive of the Financial Services Council has been named as the next chair of Ignition Advice, succeeding Peter Meurer.

The Reserve Bank of Australia defied hold expectations in June, surprising market participants by raising the interest rate further to 4.1 per cent in its continued battle against inflation.

Advisory firms are the only part of the investment value chain to escape fee pressure over the last five years in the face of shrinking margins and rising costs, according to a global report by FNZ and Boston Consulting Group.