advice

Financial planning

Insignia Financial has returned to profit in FY25, after a $185 million loss in the previous year, while its advice division grew their revenue per adviser by 14 per cent...

Financial planning

Private wealth head zones in on advice efficiency

Shaw and Partners’ new national head of private wealth believes the biggest challenge for financial advisers right now is being able to deliver efficient advice delivery ...

Financial planning

The cultural dealbreaker in advice M&A

Two commentators have shared why cultural alignment can be the biggest deal breaker when it comes to advice M&A and how to ensure a successful fit. ...

Financial planning

Unregistered advisers result in infringement notices for 2 AFSLs

ASIC has issued infringement notices to two AFSLs over financial advisers providing personal advice while they were unregistered....

Financial planning

Tailored advice a top priority super offering

While returns and fees are the top priority for older Australians when it comes to their superannuation, more than one in 10 are calling for access to tailored financial ...

Financial planning

Coastal Advice Group ramping up M&A pipeline to triple revenue

Coastal Advice Group chief executive, Daniel Brown, has said the firm has no intention of slowing down, with plans to do as many as 15 acquisitions in the next 12 months....

Financial planning

National advice firms enact major merger

Two national advice businesses have merged to form a leading holistic advice business with $2.5 billion in funds under management....

Financial planning

‘Confusing and misleading’ advice among biggest client bugbears

Advisers may think they are being compliant with the regulation but for their clients, it is often communication that can cause the biggest headache in their adviser rela...

Financial planning

ASIC cancels AFSL following CSLR payments

ASIC has cancelled the AFSL of a Perth financial services firm following payments to its clients by the Compensation Scheme of Last Resort after a failed managed investme...

Financial planning

Insignia reports $17m NPAT loss in 1H25

Insignia Financial has reported a statutory net loss after tax of $17 million in its first half results, although the firm has noted cost optimisation means this is an im...

Funds management

Clime enacts urgent corrective actions after shareholder backlash

Clime Investment Management has faced shareholder backlash around “unsatisfactory” financial results and is enacting cost reductions to return the business to profitabili...

Financial planning

Alleged Dixon losses reach $458 million: AFCA

AFCA has told the Senate economics committee that alleged losses from Dixon Advisory clients are an estimated $458 million while outlining the concerns it is observing in...

Financial planning

Adviser Pamela Anderson sees two-year ban upheld by AAT

A Victorian financial adviser at Financiallink Group, Pamela Anderson, has seen her two-year ban from providing financial services for two years affirmed by the AAT....

Financial planning

Insignia develops partnership ownership model for advisers

Insignia is to launch a partnership ownership model for self-employed licensees within months, known as Advice Services Co, as it seeks to become Australia’s largest advi...

Funds management

Advice NPAT significantly improves at AMP

AMP has announced the progress of its Advice transformation as advice net profit after tax has more than halved from a loss of $146 million a year ago....