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
Australia, UK partner to procure well-regulated financial markets
Following its inaugural meeting in September 2025, the second UK-Australia Joint Financial Regulatory Forum took place this week, with Australia remaining vocal about placing greater emphasis on governance and asset valuation of private markets.
Count takes 30% stake in Brisbane advice firm
Count has agreed to acquire a 30% stake in Brisbane-based accounting and financial advice firm Apiary Financial, continuing its push to expand its equity partnership network while reporting stronger first-quarter earnings.
Audit quality continues to fall short: ASIC
The corporate regulator has called for improvements in audit quality and financial reporting after its latest surveillance found companies, including superannuation funds, are still not getting the fundamentals right.
ETFs entering 3.0 era: JPMAM
JPMAM believes thematic ETFs may become a thing of the past as actively managed ETFs become more prevalent.
Further Reading
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
Jacqueline Fernley
CHIEF EXECUTIVE OFFICER
ARC POINT OCIO PTY LTD
ARC POINT OCIO PTY LTD
Jacqueline Fernley is a self-confessed nerd, a market animal and as of this year, her own boss. Riddhima Talwani writes.
The Financial Standard podcast Tune in each week as we discuss the latest developments in Australia's wealth management industry. |  |
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.