Editor's Choice
Frontier awards custody mandate for ICIO offering
Frontier Advisors has awarded a custody and administration mandate for its independent chief investment officer offering to the Australian market.
Alexander Funds names new chief executive
Alexander Funds has named a new chief executive, hiring from Australian Unity and set to take on the role September 7.
Soul Patts to pocket $1.89bn from Brickworks divestment
Washington H. Soul Pattinson & Co is set to receive $1.89 billion after agreeing to divest its stake in Brickworks' industrial joint venture property trusts to Goodman Group, freeing up capital for future investment opportunities.
ASIC expands list of super lead generation entities
ASIC has names 19 additional entities involved in superannuation lead generation activities as part of an ongoing review into business models that may encourage consumers to switch super funds unnecessarily or inappropriately.
Products
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
Brian Redican
CHIEF ECONOMIST
NEW SOUTH WALES TREASURY CORPORATION
NEW SOUTH WALES TREASURY CORPORATION
What makes an economist an economist? TCorp chief economist Brian Redican reflects on over three decades of navigating Australia's economic cycles. Riddhima Talwani writes.
Same old, same old from the FPA. Their transparent attempt to have everyone be a member and pay them fees for which they provide zero genuine representation (except for their mates in big banking and insurance) in return.
Oh yes! And more "education" so they can flog more "training".
Ban the FPA and educate/fund consumers to use lawyers to protect them from the banks...oops...I mean advisers.
It would be funny if it wasn't so stupid.
Does the FPA not understand what is happening in the regulatory landscape that it inhabits?
Has the FPA not read ASIC CP 212 and come to the conclusion that ASIC has zero interest in the financial planning industry; that ASIC has no intention of being a part of anything to do with education of financial planners or maintaining financial planner registries.
Listen to what the general thread going through all of ASIC pronouncements on financial planning. That is: If you need advice go and see an accountant or lawyer. We trust accountants or lawyers, we don't trust financial planners. Financial planners charge large fees and receive commissions for doing nothing. If you want advice on aged pensions go to the government website that is free. If you want super advice go to your super fund (which should be industry rather than retail).
As for this bleating about ASIC lacking in powers is absurd. Why does the FPA go on about this? Whose benefit does it serve? ASIC argue for higher penalties and fine tuning for its investigative arm not basic legislative powers because it already has them. ASIC has the capacity right now to take out whom it wants including the licensee if it is aware of someone doing something wrong and that person is protected from bias treatment by ASIC under the the laws of natural justice and administrative law legislation.