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Retirement calculators 'must not advertise or promote' product: Regulators

Under the updated RG276, ASIC has made it clear that any retirement calculator must be agnostic to product.

One in two advisers now embracing ESG

"Greenwashing" has once again been highlighted as the major challenge for the financial advice industry when it comes to embracing responsible and ethical...

Release reins of general advice to reset market: Vanguard

The closing of submissions for the Quality of Advice review saw a flurry of detailed proposals released in recent weeks.

Positioning portfolios for fabled 'soft landing'

While several weeks ago now, the threat of 75 basis point hikes is no longer in the future, it has and will likely happen more than once in 2022.

Not all referrals are created equal

Many studies have shown that the number one-way financial advisers find new clients is by getting referrals from their existing clients, this is true in many...

Regulator warns underperforming funds on member comms

Bringing oversight to a multi-trillion dollar sector was important, but the regulations are far from perfect, with many suggesting they effectively direct...

Centrepoint offer continues the consolidation trend in advice

Centrepoint Alliance this week announced it had received a non-binding indicative offer from Diverger Limited to acquire all the shares in the company.

Associations band together to reset advice regulation

As submissions were released this week, they were accompanied with commentary from several industry leaders about the massive burden and challenges being place...

Magellan, Franklin Templeton changes lead appointments this week

Australia's unemployment figures remained steady at 3.9 per cent for May despite more than 61,000 people entering the workforce. The extra workers that have...

Put client consent on hold for three years: AFA

June 10 was the closing date of what may well become the most important review of the financial advice industry in its short history

SMSF specialist training should be 'set in stone': SMSF Association

The peak body for those advising self-managed super funds, the SMSF Association, has called for a higher education requirement for the sector.

FPA flags tax deductibility and removing duplication in QAR submission

The day-to-day life of a financial adviser could soon be a lot easier, after the Financial Planning Association of Australia (FPA) called for an urgent...

ASIC lays down the law on 'greenwashing'

With economies around the world all seeking to decarbonise, business has a critical role to play in the race to meeting Net Zero commitments.

Overcoming anchoring bias key to advisers amid volatility

To be a successful financial adviser, especially during times of peak volatility, it pays to understand and master the human cognitive biases that can often...