News : financial advice

financial advice, Financial Planning, SMSF

Advice fees may be considered early access

September 2, 2025

Jason Spits

Advisers charging their own SMSF for work they have carried out may inadvertently breach early access rules.

SMSF property advice leads to ban

An adviser who recommended the use of SMSFs for property investments has been banned for not acting in his clients’ best interests.

September 2, 2025

Jason Spits

An adviser who recommended the use of SMSFs for property investments has been banned for not acting in his clients’ best interests.

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financial advice, Financial Planning

FAAA wants CSLR levy capped at $20m

The FAAA has called on Treasury to apply the Compensation Scheme of Last Resort special levy across a broader range of sectors.

September 2, 2025

Penny Pryor

The FAAA has called on Treasury to apply the Compensation Scheme of Last Resort special levy across a broader range of sectors.

Further Shield adviser action sought

ASIC is looking to pursue further action against an adviser involved in the failed First Guardian and Shield master funds.

September 1, 2025

Jason Spits

ASIC is looking to pursue further action against an adviser involved in the failed First Guardian and Shield master funds.

Wealth management inquiry dumped

The FAAA will pursue other avenues of government investigation into financial product collapses after the inquiry into wealth management firms was scrapped.

September 1, 2025

Penny Pryor

The FAAA will pursue other avenues of government investigation into financial product collapses after the inquiry into wealth management firms was scrapped.

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financial advice, Financial Planning

Study reveals the value advice adds

The latest analysis and report into advice has quantified how much value practitioners add to their clients’ financial circumstances.

August 28, 2025

Darin Tyson-Chan

The latest analysis and report into advice has quantified how much value practitioners add to their clients’ financial circumstances.

ASIC cancels licence over Shield advice

ASIC has cancelled an advice firm’s licence and banned two senior staff for recommending clients move super into the Shield Master Fund.

August 28, 2025

Jason Spits

ASIC has cancelled an advice firm’s licence and banned two senior staff for recommending clients move super into the Shield Master Fund.

Former adviser appears in court

The alleged misappropriation of $4.1 million belonging to clients has seen a former financial adviser front the Perth Magistrates Court.

August 25, 2025

Darin Tyson-Chan

The alleged misappropriation of $4.1 million belonging to clients has seen a former financial adviser front the Perth Magistrates Court.

Financial services misconduct ongoing

The latest ASIC accounts of misconduct and website removals remain high with the regulator cautioning consumers to remain on alert.

August 25, 2025

Penny Pryor

The latest ASIC accounts of misconduct and website removals remain high with the regulator cautioning consumers to remain on alert.

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financial advice, Financial Planning

Adviser numbers up in 2026 income year

Financial adviser numbers are up, but there is still a large percentage of legacy planners saying no to the experienced provider pathway.

August 25, 2025

Penny Pryor

Financial adviser numbers are up, but there is still a large percentage of legacy planners saying no to the experienced provider pathway.

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