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IAG settles $2.8bn lawsuit with Credit Suisse
IAG announced it has settled the lawsuit with Credit Suisse relating to the collapse of Greensill Capital.
VBP names inaugural chief growth officer
Financial planning outsourcing specialist Vital Business Partners (VBP) has created a new executive role focused on expanding advice relationships, winning new clients and strengthening its offering to advice businesses and licensees.
Former BW Equities employee charged for misappropriating funds
A former employee of the Victorian boutique advice business has been arrested and charged for allegedly trading client's shares without consent that generated close to $500,000 for himself.
Super funds risk market concentration in US: Research
While Australian equity markets have always had a concentration problem, it is now becoming more prominent in global markets too, according to Scientific Beta.
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When geopolitics becomes a portfolio risk
Geopolitics is back - again - and Australian investors can no longer treat it as distant background noise.
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 ...
Digital assets and where they stand in 2026
So far in 2026 digital assets have captured the headlines largely for the wrong reasons, but that doesn't tell the full story.
Rethinking default design in a changing market environment
The evolution underway in the US DC system highlights the value of periodically reassessing default design assumptions.
Featured Profile
Rachel Alembakis
STEWARDSHIP MANAGER
UNITING ETHICAL INVESTORS LIMITED
UNITING ETHICAL INVESTORS LIMITED
As a highly respected journalist, Rachel Alembakis helped push sustainable investing on the agenda long before it was mainstream. Now, she's stepped into the arena to shape the industry from within. Karren Vergara writes.
The Financial Standard podcast Tune in each week as we discuss the latest developments in Australia's wealth management industry. |  |
Welcome to the real world of financial planning/advice. We've been smeared for years by the media, Govt, Industry Super Funds, ASIC itself. With no real means of redress. Its a wonder there are any of us left to give Australians the good financial advice so many supposedly so desperately need. Not desperately enough to want to pay real money for it though. Because, as everyone now knows, thanks to the media, Govt, Industry Super Funds etc etc, we're not in it to provide good advice, just to make our own fortunes. Not.
As a financial adviser I have first hand experience of ASIC s incompetence.
Medcraft can quote statistics all day the reality is ASIC is a reactive organisation that cannot provide any consumer protection, I too can quote statistics all day - showing ASIC s inability to produce any positive outcomes.
It is my opinion that ASIC, should be shut down and all employees held accountable for the incompetence.
But even ASIC staff have provided submissions on the performance of ASIC. See numbers 106 and 345.