Editor's Choice
The 'blind spot' costing advisers nearly $10bn: Research
Research from Elemnta indicates financial advisers do not realise they are expending nearly twice as much effort on non-advised operations, highlighting a perception gap and challenges related to data collection and access, which cost 6000 practices about $9.36 billion in "destroyed enterprise value".
Canadian pension giant takes 20% stake in La Trobe
Canadian public pension fund OMERS has taken a minority stake of nearly 20% in La Trobe Financial from Brookfield.
ASIC issues another stop order for private credit fund
ASIC has issued an interim stop order on the Murdoch Clarke Mortgage Fund, issued by Murdoch Clarke Mortgage Management, prohibiting it from offering, issuing, selling or transferring interests in the fund.
Inheritors struggle to act on financial advice: Survey
Australia's wealthy inheritors are making major financial decisions before they feel ready, with new research highlighting a gap between receiving professional advice and having the confidence to act on it.
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Expert Feed
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
David Sharpe
CHAIRMAN
FINANCIAL ADVICE ASSOCIATION AUSTRALIA
FINANCIAL ADVICE ASSOCIATION AUSTRALIA
A family man, business owner, cricket fanatic and financial adviser, David Sharpe has many facets. One of his biggest legacies, as he steps down as chair of the Financial Advice Association Australia, is leaving the profession stronger than he found it.
The Financial Standard podcast Tune in each week as we discuss the latest developments in Australia's wealth management industry. |  |
It is time the Labor Party and their comrades in the Industry Super Funds network realised that the ball game has now changed and we have adults running the show who do not have particular ideological agendas. Opt in should never have been legislated as clients can leave a Planner when ever they choose to do so.
The inclusion of FDS for pre-1/7/2013 clients was added by stealth by shifty Bill when the legislation was released even though this had never been proposed in all original negotiations. All this did was add costs to the provision of Financial Planning Services with no benefit to the consumer.
I am writing as a Chartered Accountant who has been providing Financial Planning Services for nearly 27 years. I am sure I would have a better understanding of this profession than either Bernie Ripoll of David Whitely.
Bernie Ripoll is still out of touch with the Financial Services Industry and does not understand. Did not understand before and produced a report that was biased against advisers and planners whom he quite clearly detests and wants expunged.
This is why the ALP has no idea of where it is going. The next thing we will have is Ripoll endorsing the idea that Unions are free of corruption and scams and the at the earth is flat.
Surely the ALP can find someone better than Ripoll to be the shadow Minister.