Editor's Choice
Perennial to close three responsible investment funds
Perennial Partners will shutter three responsible investment funds that manage $140 million in combined assets, as they fall short of reaching scale and achieving their investment objectives.
LGT Wealth Management hires five advisers from rival
LGT Wealth Management Australia has expanded its Syndey private client advisers' team with five senior hires from UBS Wealth Management.
MSC Group awarded mandates for natural resources strategy
MSC Group will provide administration capability and trusteeship for a natural resources strategy focusing on the energy sector and select commodities.
Norges Bank slashes exposure to US government bonds
Norges Bank Investment Management (NBIM), the investment manager of Norway's sovereign wealth fund, the Government Pension Fund Global, has proposed a major restructuring of the fund's exposure on US government bonds.
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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
Sarah Shaw
GLOBAL PORTFOLIO MANAGER
4D INFRASTRUCTURE
4D INFRASTRUCTURE
It wasn't confidence that prompted Sarah Shaw to walk away from established investment houses and co-found 4D Infrastructure in 2015. It was something she believes is far more important: courage. By Vinny Vucago.
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.