Frydenberg flags new advice disciplinary systemBY HARRISON WORLEY | MONDAY, 19 AUG 2019 12:50PMA new disciplinary system for financial advisers with a central disciplinary body headlines the government's Royal Commission implementation roadmap released today. Related News |
Editor's Choice
Advice veteran's exit creates $1bn Tassie wealth group
|Mancell Financial Group (MFG) founder Peter Mancell has retired as a financial adviser after 46 years, selling the business he built to pave the way for a $1 billion wealth management firm in Tasmania.
UniSuper, Aware Super deliver positive returns
|UniSuper and Aware Super have reported returns across all investment options for the 2025-26 financial year.
HESTA executive jumps ship to Cbus
|A C-suite executive from HESTA has taken on a new role as chief member officer at Cbus, effective October.
ASFA strengthens cyber security with new hire
|The Association of Superannuation Funds of Australia (ASFA) has named its head of cyber and financial crime, bringing relevant experience from a super fund.
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
Judith Fiander
CHIEF EXECUTIVE OFFICER
AUSTRALIAN PHILANTHROPIC SERVICES
AUSTRALIAN PHILANTHROPIC SERVICES
When Judith Fiander first walked in the doors of Australian Philanthropic Services her intention was to volunteer for a few months. Fast forward 14 years and she is the chief executive. Eliza Bavin writes.
What we really need is a new disciplinary scheme to investigate Politicians and Academics who see the financial adviser being whacked around the head as a win for them, without even having a concern for the cost to the public who will be without an adviser. It is just as well Kelly O'Dwyer took her money and run as she has been the architect of changes that in the end will simply cost the Public more and ruin the industry. Yes the big 5 certainly have some answers to give but the existing regulators had the power (just didn't use it) and now we have a sledgehammer approach against the majority of advisers who try and do it right.
Public stocks for politicians and Academics who preach best interest but dont understand or recognise there own conflicts of interest.