The Quality of Advice Review needs to be enacted “urgently” to allow the industry to rebuild, according to HUB24’s chief executive, Andrew Alcock, as the firm acquires client portal myprosperity.

AMP Advice has partnered with fintech firm Frollo to provide advisers and their clients with access to its open banking technology.

Investment platform Superhero has announced it will be launching an adviser platform for advisers and dealer groups to help them deliver affordable advice.

Speaking at the 2023 ACSI Annual Conference, Minister Stephen Jones said the government would prefer doing “too much too soon, not too little too late” on its sustainability agenda.

Wealth manager and stockbroker Ord Minnett has paid $888k to comply with an infringement notice from the Markets Disciplinary Panel regarding a buy-back.

Although finfluencers tend to “swim outside the safety flags”, Insignia chief executive Renato Mota believes they signal an unmet demand from a younger generation seeking advice and information.

Almost 20 students have filed a class action against James Cook University after discovering their financial planning degrees had not received accreditation, leaving them unable to secure jobs.

Morningstar research has seen inflows to sustainable funds fall by 91 per cent in the past quarter, with passive giant Vanguard reporting rare net outflows after the firm received infringement notices for alleged greenwashing.

The central bank’s monetary policy board has announced its cash rate decision amid mixed signals from the domestic and global economy.