News : Financial Planning

ASIC acts against First Guardian adviser

October 7, 2026

ASIC has started court action against a former adviser involved in lead generation and inappropriate advice regarding First Guardian.

September 23, 2026

The importance of receiving financial advice will increase given the expectation Australians will live longer and in turn rely more on their super.

September 17, 2026

The new class of adviser should not be restricted to products or services but rather what harm or benefit their advice may provide.

September 16, 2026

Retirees and pre-retirees are key sources of practice growth, but many advisers have not created strategies to capture them.

September 14, 2026

Two advisers who provided advice related to Shield and First Guardian have failed to have their ASIC-imposed bans overturned.

September 9, 2026

The use of managed accounts is increasing among advisers as they look to gain from the sound level of governance and scale they offer.

September 8, 2026

ASIC’s ongoing actions against individuals involved in the Shield and First Guardian collapses has led to another stakeholder ban.

August 25, 2026

Consumers are seeking advice to provide reassurance ahead of retirement planning and gaining high levels of confidence by doing so.

August 24, 2026

The government will move ahead with creating the new class of adviser proposed in the DBFO reforms, but will limit where they can work.

August 20, 2026

Industry associations are broadly pleased compensation from the CSLR will be applied to actual rather than hypothetical losses.