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Court orders wind up of Falcon Capital, First Guardian

The Federal Court has appointed liquidators to wind up Falcon Capital and the First Guardian Master Fund, following an ASIC application.

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Which ETF bled over $300m in March?

BetaShares/ishares/blackrock/ETFs/US-equities/

One of Australia’s largest ETF products lost over $300 million in outflows during March as international equity ETFs suffered steep declines in flows.

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Former CFS chief joins Australian Ethical board

Australian-Ethical/Australian-Ethical-Investment/colonial-first-state/CFS/

Australian Ethical Investment has welcomed an independent non-executive director to its board, who previously spent a decade as Colonial First State’s CEO.

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Jones and Taylor share bipartisan support for education reforms

Stephen-Jones/education-standards/financial-advice/

Financial Services Minister, Stephen Jones, has assured the cost and time to enter the financial advice profession will soon be halved, as shadow treasurer Angus Taylor pledges to reach 30,000 advisers.

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New entrants spur adviser numbers to 15.6k mark

Wealth-Data/new-entrants/adviser-exam/exam/adviser-numbers/

The positive results of the latest financial adviser exam have helped the advice profession reach 15,600 yet again, according to Wealth Data analysis.

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Netwealth bullish on FY26 amid $3.5bn quarterly flows

netwealth/

Transitioning financial intermediaries have helped Netwealth report net flows of $3.5 billion for the March quarter, despite volatile market movements.

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Advice firms up cyber security amid ASIC crackdown

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Financial advice firms have told Adviser Ratings they are planning to increase their compliance spend by almost a third, including on enhancements to their cyber security which ASIC has identified as an enforcement priority.

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Active ETFs struggle to steal spotlight from passive peers

active-ETFs/ETFs/global-x/Global-X-ETFs/

Global X has painted a worrying picture for active ETFs in Australia, with investor adoption proving uneven and the popularity of its low-cost index counterparts only growing stronger.

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Otivo opens up digital solution to advice practices

otivo/digital-advice/financial-advice/

The digital advice platform is officially launching into the financial advice sector, offering up its services to practices as a means of engaging with the next generation of clients.

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Relative Return Unplugged: Taylor outlines bold vision for financial services industry

Podcast/Relative-Return/

In this week’s special episode of Relative Return Unplugged, we present shadow treasurer Angus Taylor’s address

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