JAMIE WILLIAMSON  |    12:08PM   A former financial adviser will face ASIC in the Supreme Court of Queensland for operating an unlicensed advice business and receiving kickbacks from property developers for referring investors.KANIKA SOOD   Next month Praemium will roll out major upgrades to its integrated managed accounts platform for advisers and investors.

KANIKA SOOD  |    12:47PM   Investors in the troubled Aurora Absolute Return Fund have voted to boot Aurora Funds Management as the responsible entity. However, Aurora contests the validity of this vote.KARREN VERGARA   The landslide defeat of Prime Minister Theresa May's UK divorce deal overnight hasn't rattled the global share markets, but investment experts remain cautious.

KANIKA SOOD   New York-based research house Strategic Insight has been acquired in a deal expected to close soon.KARREN VERGARA   The Productivity Commission is calling for an independent public inquiry into group insurance and floated the possibility of tougher regulation that includes sharper ASIC oversight.

JAMIE WILLIAMSON  |    12:14PM   Labor's proposed franking credit reforms will substantially impact the income of more than one million Australians, forcing them to seek welfare.JAMIE WILLIAMSON   The Productivity Commission's proposed minimum balance for self-managed superannuation funds (SMSFs) is "way off", according to SuperConcepts.

BENJAMIN ONG  |    11:09AM   Brexit uncertainty remains in the headlines but the recent decline in crude oil prices reflects both the slowdown in global activity (weaker demand) and the world central banks' more dovish leaning, easing inflation pressure.BENJAMIN ONG   It's ironic that for a country known as the United Kingdom, there seems to be an absence of well, unity.

KARREN VERGARA  |    12:39PM   The next phase of implementing the Corporate Collective Investment Vehicle regime is open for consolation.DARREN SNYDER   ASIC ordered that an Australian Financial Services Licensee appoint an independent expert to review the implementation of its compliance framework.

HARRISON WORLEY  |    12:54PM   Macquarie Capital has strengthened its industrials team in the Americas with a series of appointments.HARRISON WORLEY  |    12:19PM   MLC Life Insurance appointed its first chief customer experience officer.

JAMIE WILLIAMSON   The average returns for MySuper products dropped to 1.9% in the 12 months to November 2018.JAMIE WILLIAMSON   The sale of ANZ's pension and investments business may take longer than anticipated with contracts now amended following APRA's regulatory action against IOOF.

OSKAH DUNNIN   Neobank Xinja has successfully funded its second campaign on the Equitise crowdfunding platform, raising more than $500,000 in nine hours.KANIKA SOOD   An investment boutique founded by a former AMP Capital equities head has signed Sanlam Private Wealth to provide middle office services. The contract builds on their existing relationship.

DARREN SNYDER   Sydney will be home to a new journalism institute next year as part of a $100 million commitment to the profession from philanthropist Judith Neilson.DARREN SNYDER   More than 95% of high net worth individuals in Asia Pacific are prepared to consolidate assets with their primary wealth manager, provided there's a strong connection. But it's less likely in Australia.