HUB24 looks to Vanguard for newly created exec role

HUB24/platforms/appointments/vanguard/

HUB24 has appointed Matt Willis from Vanguard as an executive general manager of platform growth to strengthen the platform’s relationships with industry stakeholders.

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Will ASIC’s disciplinary actions exceed the 2019 peak?

Wealth-Data/ASIC-ban/banning/financial-advice/

The 2025 calendar year has already seen 18 advisers banned or disqualified by ASIC, and if this trend continues, the count could exceed the royal commission era record of 33.

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Mulino prioritises second DBFO additions

FSC/treasury/quality-of-advice-review/Parliament/legislation/

Assistant Treasurer, Daniel Mulino, is keen to progress the second tranche of DBFO reforms, acknowledging it is hard for advisers to get the full picture of the legislation without both parts.

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Industry first as PY supervisor banned by ASIC

ASIC/professional-year/education/

A professional year supervisor has been banned for five years after advice provided by his provisional relevant provider was deemed to be inappropriate, the first time this is believed to have occurred.

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Pinnacle backs launch of private markets managed account model

Pinnacle-Investment-Management/managed-accounts/platforms/private-markets/

Pinnacle Investment Management has made a strategic investment in private capital investment firm FinCap to support a new managed accounts platform.

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Aussie investors seeking hedged ETF exposure amid US volatility

ETFs/blackrock/ishares/

Volatility in US markets means currency is becoming a critical decision factor in Australian investors’ ETF selection this year.

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Licensees seen as ‘first line of defence’ against product failure

ASIC/AFSL/enforcement/licensees/

ASIC believes advice licensees are the “first line of defence” when it comes to future product failures and is urging them to monitor their approved product lists.

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Columbia Threadneedle Investments wins Multi-Asset Fund of the Year at the 37th Annual Fund Manager of the Year Awards 2025

columbia-threadneedle/

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'Nightmare fuel': Clime IM reviews APL selection amid product failures

Clime-Asset-Management/Clime/APL/property-funds/financial-results/

Clime Investment Management is overhauling the selection process for its APLs, with managing director Michael Baragwanath describing the threat of a product failure affecting clients as “pure nightmare fuel”.

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