Consumers have access to a new digital investing service that will allow them to enjoy professional investment services in a cost-effective manner.

The exclusion of managed investment schemes (MIS) from a compensation scheme of last resort (CSLR ) ignores Hayne Royal Commission recommendations.

Financial advisers can save clients thousands of dollars in fees in the current low-return environment by using new technology to process foreign exchange transactions.

Trustees can use their own expertise to formulate an investment strategy, but still have to provide reasons for any large positions they may hold.

SMSF trustees are factoring in the need for more complete investment strategies following pressure from auditors and the ATO.