The latest issue of Financial Standard now available as an e-newspaper

READ NOW

Regulatory

AFCA reveals outcome of final lead decision

BY MATTHEW WAI | MONDAY, 2 MAR 2026 12:09PM

AFCA has issued the lead decision against both United Global Capital and Next Generation Advice, finding faults by both financial firms.

Upgrade your subscription to access this article

And gain access to:

All website content, including archived news
Home page news customisation
Tech Zone, your technical resource library

And more

Already A Subscriber?

UPGRADE SUBSCRIPTION

VIEW COMMENTS

Related News

►	AFCA puts InterPrac determinations on ice
►	InterPrac targets First Guardian victim, disputes AFCA ruling
►	Small pocket of failed measures can 'blow the entire business': Anderson
►	AFCA to update rules on new genetic testing laws
►	We don't always vote in complainants' favour: AFCA
►	AFCA appoints lead superannuation ombudsman
►	Financial services failing to provide consistent outcomes: AFCA
►	Hostplus, AIA lose $1.4m TPD dispute
►	Advice industry can't afford CSLR to be an 'unsustainable mess': FAAA
►	TelstraSuper did fall foul of IDR obligations: Federal Court

Editor's Choice

Treasury considers reward system for whistleblowers

RIDDHIMA TALWANI

The government has opened consultation on a review of corporate whistleblowing laws in Australia to ensure they are working to effectively protect whistleblowers.

Raiz names new chief executive

KARREN VERGARA

The chief executive of Raiz Invest stepped down after nearly four years in the post and has been replaced by former Selfwealth chief Craig Keary.

What does a world with 'zero migration' look like?

RIDDHIMA TALWANI

Oxford Economics hypothesised an extreme scenario of "zero migration" globally and found while destination economies would see significant declines in output per capita, origin economies would have modest gains.

Invesco, Trinetra IM strategies to wind up

KARREN VERGARA

After failing to scale, Invesco's True Balance Fund and Trinetra Investment Management's emerging markets strategy are set to wind up.

Videos

Brought to you by

A guaranteed future

Global economic outlook and the case for local currency emerging market debt: Resilience, risk, and opportunity

The market has changed. The opportunity hasn't.

SMILE through retirement - tackling the top 5 (Sequencing, Market, Inflation, Longevity, Emotion) retirements risks

Maintaining a fundamental focus in a world obsessed with the short term

Follow the leaders

Strength amid noise

MORE VIDEOS

Products

'Guide To' Series

Pocket investment guides featuring adviser case studies and a glossary.

MORE INFO

Publisher's Forum

Investing trends and strategies from the industry’s thought leaders.

MORE INFO

Product Showcases

Putting the spotlight on investment products that matter.

MORE INFO

Expert Feed

Christian Mueller-Glissmann

Head of Asset Allocation Research

Goldman Sachs

When geopolitics becomes a portfolio risk

Geopolitics is back - again - and Australian investors can no longer treat it as distant background noise.

READ MORE

Tania Milnes

General Manager Membership

Financial Advice Association Australia

Does association membership still matter?

With all the changes the advice sector has experienced in recent years, such as regulatory reform and increased education and professional standards ...

READ MORE